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Does your business qualify for wage subsidies?


25th August 2021

WAGE SUBSIDIES FOR BUSINESSES

Your business may be eligible to receive up to $10,000 in wage subsidies when you hire a new employee. Wage Subsidies can help to build a business and give employers greater flexibility in their hiring options.

can my business get a wage subsidy?

Wage subsidies are available through employment services providers like HELP. 

WHO IS ELIGIBLE

Employers who hire a new employee who is either;

  • 15 - 29 years of age,
  • an Indigenous Australian,
  • 50 years of age and over,
  • a parent, or
  • a person registered with an employment services provider for 12 months or more, may be eligible for the new wage subsidy.

HELP may offer you a wage subsidy if:

  • you have an Australian Business Number (ABN)
     
  • the person you hire is a new employee that you have never previously employed
     
  • you are not an Australian, state, or territory government agency
     
  • the person you hire meets the eligibility requirements for the wage subsidy
     
  • the position you offer is expected to be ongoing and for 20 hours or more per week, averaged over the six months of the wage subsidy agreement
     
  • the work complies with employment standards for the position (for example, is suitable work and pays as a minimum the national award wage).
 

Apprenticeship and traineeship placements are also eligible for a wage subsidy along with other financial incentives available to employers under the Australian Apprenticeships Incentives Program.

Paid work trials can form part of a wage subsidy agreement, excluding those funded by the Employment Fund.

Employers who decide to hire an individual who has completed a National Work Experience Programme or PaTH Internship, may also be eligible for a wage subsidy.

Some jobs are not eligible for a wage subsidy, including:

  • work that displaces an existing employee
     
  • commission-based, subcontracting, or self-employment positions
     
  • work for an immediate family member
     
  • those that are receiving support through another Australian Government wage subsidy
     
  • Providers have the discretion of whether or not to offer a wage subsidy to an employer

Source: https://jobsearch.gov.au/employer-info/wage-subsidies 
 

HOW TO APPLY

Call HELP Employment & Training on 1800 VACANCY to find out if your business is eligible for support.

Employers should contact HELP as soon as the jobseeker starts work to ensure you do not miss out on a wage subsidy. Employers must apply for and approve a wage subsidy agreement within 12 weeks (84 days) of your new employee's start date to be eligible.
 

HOW TO MANAGE WAGE SUBSIDIES

  • A wage subsidy agreement consists of one head agreement with individual schedules attached for each new employee. These can be viewed and managed via the jobactive website.
     
  • Eligible businesses can receive payments over a six-month period from employment services providers like HELP. Employers can negotiate how often they are made, for example weekly or fortnightly.
     

HELP makes wage subsidies simple. Our experienced team will help you navigate all there is to know about applying for, and managing wage subsidies.

Contact us on 1800 VACANCY, or click the button below to submit an enquiry.