23 February, 2017
Australian employers may be eligible for a wage subsidy of up to $10,000 (GST inclusive) to encourage businesses to hire, train, and retain eligible job seekers.
Established by the Australian Government’s Department of Employment, the Youth Bonus wage subsidy aims to assist employers to expand their businesses and provide eligible job seekers with employment.
For the employer to receive a wage subsidy, the job seeker must be registered with an employment services provider (e.g. jobactive, Transition to Work, Disability Employment Services and Community Development Programme providers), for six months or more.
The Youth Bonus wage subsidy may be available to employers that:
- have an Australian Business Number (ABN)
- have not previously received a wage subsidy for the same job seeker
- are not an Australian, State or territory government agency
- offer a job that is expected to be ongoing and for an average of 20 hours per week, over the six months of the agreement
- offer a job that complies with employment standards for the position (for example, is suitable work and pays the national award wage as a minimum)
Apprenticeships and traineeships are also eligible for a wage subsidy.
For more information, visit the Youth Bonus wage subsidy page here.
