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;
HELP may offer you a wage subsidy if:
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.
Some jobs are not eligible for a wage subsidy, including:
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.