To assist with the recovery from the impact of COVID-19, the Australian Government has announced a new financial support package, covering apprentice wages and trainee wages, to help Australian businesses engage new apprentices and trainees in 2021.
This is in addition to the Supporting Apprentices and Trainees wage subsidy scheme which was announced last year.
Your business or Group Training Organisation (GTO) may be eligible for the new subsidy if:
· You engage an Australian Apprentice or trainee between 5 October 2020 and 30 September 2021.
· 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.
· Eligible employers and GTOs will receive a wage subsidy of up to 50% of the Australian Apprentice’s gross wage paid between 5 October 2020 and 30 September 2021.
· The wage subsidy is available for a maximum of $7,000 per quarter, per eligible Australian Apprentice/Trainee, for wages paid in the 12-month period from the date of commencement or recommencement.
For more information read the Boosting Apprenticeships Commencements fact sheet.
Contact the HR experts at BetterHR for help and support.
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