TAKE FULL ADVANTAGE OF APPRENTICESHIP SUPPORT + GRANTS

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Posted February 28, 2022

Time is running out! The Australian Governments Boosting Apprenticeship Commencements program provides a wage subsidy for all employers who engage a new Australian Apprentice. This generous program offering a subsidy of 50% of wages closes on 31 March 2022 (ONLY ONE MONTH LEFT!) so salon owners able to take part in the program need to get their skates on to take full advantage of this support.

 

In a bid to drive job growth, the Government continues to invest in training and Australian Apprenticeships and confirmed it will invest $2.7 billion in the Boosting Apprenticeship Commencements (BAC) wage subsidy program. It is estimated with this additional funding, 270,000 new apprentices and trainees are expected to be hired under the wage subsidy scheme by March 2022.

Your business may be eligible if:

• you engage an Australian Apprentice between 5 October 2020 and 31 March 2022
• your Australian Apprentice or trainee is undertaking a Certificate II or higher qualification and has a training contract that is formally approved by the state training authority.

 

The subsidy is for a maximum of $7000 per quarter, per eligible apprentice, for wages paid in the 12-month period from the date they start.

For example, if your apprentice or trainee starts on any date between 5 October 2020 up until 31 March 2022, you will be eligible to place claims for 12 months following the sign-up date.

Lodging dates have now been extended (previously they had to be in by 31st December 2021):

Claims for Rounds 1-6 must be lodged by 30 June 2022, and Rounds 7-10 must be lodged by 30 June 2023.

 

Not sure about an apprenticeship?

Youth Jobs PaTH is an Australian Government employment service that helps young people gain skills and experience they need to get and keep a job.

PaTH Internships can support businesses to trial a young person in an internship for 4 to 12 weeks before committing to a formal Australian Apprenticeship. Businesses will receive $1,000 to help with the costs of the trial and may be eligible to receive additional financial incentives if they hire the apprentice.

 

If you hire a young person, your business may be eligible to receive a Youth Bonus Wage Subsidy.

This is a financial incentive of up to $10,000 (GST inclusive) paid over six months when you hire an eligible young job seeker in an ongoing job.

Youth Bonus Wage subsidies can be packaged with Australian Apprenticeships Incentives Programme payments, to provide further support for your business to create apprenticeship and traineeship opportunities.

Learn more about the program here > https://www.dese.gov.au/youth-jobs-path/im-employer-youth-jobs-path

 

 

If you are considering taking on a new apprentice or trainee to boost your business talk to your apprenticeship centre now to recruit and enrolled before the cutoff date of 31 March 2022. Don’t miss this opportunity to get additional government support for your apprentices commencements! 

For more information read the Boosting Apprenticeships Commencements fact sheet.

Find out if you are eligible and how to apply through an Australian Apprenticeship Support Network provider. [Do we have a recommendation for this?]

 

FURTHER ADVICE OR ASSISTANCE

For advice on this topic or any other workplace relations matter, call the HABA Advice Line on 02 9221 9911.