Sharon — Owner, Odyssey Clothing Company

Financial incentives

If you’re looking to hire new staff for your business, there’s a range of financial incentives from the Australian Government that can help. 

Hiring someone?

You could be eligible to receive wage subsidies worth up to $10,000

Looking to hire an apprentice?

You could be eligible for financial support up to $20,500

There are government incentives of up to $20,500 to help you hire an eligible apprentice or trainee

If you’re looking for workers who are keen to learn or who want to gain experience in your industry, taking on an apprentice or trainee could be a great way to gain a skilled employee who knows your business and how it runs.

There are wage subsidies and financial incentives available to help you hire an eligible apprentice or trainee.

Wage subsidies up to $10,000 for hiring a mature age worker

Hire a mature age worker 50 years of age or over as an apprentice and you could get a wage subsidy of up to $10,000 (GST inclusive).

You may also be able to receive a ‘kickstart’ payment of up to 40 per cent of the total wage subsidy after four weeks of a job starting.

Start your search for a mature age apprentice by contacting your local jobactive provider.

Australian Apprenticeships can also offer financial incentives up to $10,500

Australian Apprenticeships can offer eligible employers financial incentives up to $10,500 (GST inclusive) to help you when you take on an apprentice, particularly if the apprenticeship is in a trade experiencing a skill shortage.

Incentives include but are not limited to:

  • $1500 Commencement incentive
  • $2500 Completion incentive
  • $1000 Rural and Regional Skills Shortage incentive
  • $4000 Support for Adult Australian Apprentices incentive
  • $750 Mature Age Worker commencement incentive
  • $750 Mature Age Worker completion incentive

Australian Apprenticeship incentives are subject to eligibility criteria, waiting periods and time limits. To find out more about incentives contact your local Apprenticeship Network provider.

For a list of Australian Government incentives, please see the summary of the Australian Apprenticeships Incentives Program.

From 1 January 2019, there will be additional wage subsidies available to small businesses who take on full-time apprentices in regional areas. Find out more here.

Looking to trial a job seeker?

You could be eligible to receive a payment up to $1000

Looking to hire a young person?

You could be eligible for financial support

Trial and hire a young person with Youth Jobs PaTH

If you’re interested in hiring a young person, Youth Jobs PaTH allows you to trial someone aged 17-24 in your business for 4-12 weeks, for up to 25 hours a week, where there is a reasonable prospect of employment at the end of the trial. You receive $1000 to help with the costs of the trial. The young job seeker also receives $200 a fortnight on top of their usual income support and their insurance is covered also.

If the trial works out for you both and you then decide to hire the young person, you may be eligible to receive a wage subsidy up to $10,000.

Your local jobactive provider will set up the trial for you and help you find candidates.

Contact your local jobactive provider to access these services or lodge a vacancy.

Wage subsidies for hiring a young job seeker

Hire an eligible young job seeker aged 17-29 and get a wage subsidy of up to $10,000.

Wage subsides are paid to you over a six-month period, and you can negotiate how often you get payments.

You may also be able to receive a ‘kickstart’ payment of up to 40 per cent of the total wage subsidy after four weeks of a job starting.

To find out more, speak to your local jobactive provider.

Get help finding and hiring a young person — Transition to Work

You can access Transition to Work services to find and hire a young person, aged 15 to 21 who is suited to a job in your organisation.

Transition to Work providers will work with you to ensure young people meet your employment needs and support them to settle into a job. Support can include hosting work experience or a trial placement before starting the job.

If the placement is a good fit and you decide to hire the young person, you may be eligible to receive a wage subsidy up to $10,000.

Contact your local Transition to Work provider to access these services or lodge a vacancy.

Hiring staff in a remote area?

You could be eligible for financial incentives

Incentives for businesses hiring staff in remote areas

If your business is based in a remote area, the Community Development Programme can help you access financial incentives for hiring new employees.

The Community Development Programme is a remote employment and community development service that can help you recruit job seekers in remote areas. The program is designed around the unique social and labour market conditions found in remote Australia.

Employer Incentive Funding, which is part of the Community Development Programme, is available to help your business manage the costs of employing remote job seekers. You could be eligible for a one-off incentive payment of $7,500 if you hire a job seeker full time for over 26 weeks.

You can also receive a payment of $3,750 if your job seeker achieves a part-time employment over 26 weeks.

To find out more, speak to a Community Development Programme provider.

Hiring someone with disability?

You could be eligible to receive wage subsidies worth up to $10,000

Authorised by the Australian Government, Canberra

Last modified on Friday 9 November 2018 [7741|103616]

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