Understanding and accessing wage subsidies

You might have heard about or enjoyed the benefits of wage subsidies, but did you know there are lots of wage subsidies available for hiring job seekers from a variety of different backgrounds? Wage subsidies are offered to help you with the costs of hiring a new employee and can allow you to have greater flexibility in your hiring options.

Employer understand wage subsidies

When you hire an eligible job seeker through Employable Me, your business may be able to access a government-funded wage subsidy. With more than 25 years’ experience as one of Australia’s leading employment services providers, APM can help you access these financial incentives from the Australian Government.

To be eligible for wage subsidies, you must hire a job seeker who is registered with an eligible program. This includes the Disability Employment Services (DES), jobactive, and ParentsNext programs.

If you hire a job seeker who is registered with the DES program, which assists people with an injury, illness, or disability find and keep a job, APM can help you access any wage subsidies you’re eligible for.

Most employers hiring an eligible job seeker with a disability can access up to $1,650 on the Wage Subsidy Scheme. This may increase depending on each individual job seeker. This is designed to give the eligible job seeker the opportunity to demonstrate that they are suitable for ongoing employment.

There may also be the following wage subsidies of up to $10,000 available for hiring eligible job seekers:

  • Restart – aged 50 or over
  • Youth subsidy scheme – aged 25 to 29
  • Youth Bonus – aged 15 to 24
  • Parents – a principal carer parent
  • Long term unemployed – job seeker of any age who has been in an eligible program for more than 12 months

For Indigenous job seekers, your business may be able to access these subsidies immediately as any waiting periods for being in the program could be dropped.

The job you’re offering must comply with minimum employment standards for that position and need to be employed for an average of 20 hours per week for 26 weeks. However, this is dependent on the job seeker and the wage subsidy applied for. For hiring jobs seekers on the DES program, the requirements are reduced and can be a minimum of eight hours over 13 weeks. Check with your APM employment consultant to find out the minimum employment requirements for the job seeker you’re hiring.

There are some jobs that are not eligible for a wage subsidy. The following type of jobs are not eligible:

  • Commission-based
  • Subcontracting
  • Self-employment
  • Working for an immediate family member
  • A job that displaces an existing employee

When you hire a job seeker through Employable Me, an APM employment consultant will guide you through the wage subsidy process. They will discuss your business’ eligibility and simplify the application process for you. To be eligible for wage subsidies, your business must:

  • Have an Australian Business Number (ABN)
  • Have not previously received a wage subsidy for the same person
  • Not be an Australian federal, state or territory government agency
  • Offer a job expected to be ongoing
  • Offer a job that complies with National Employment Standards

There is also a requirement to apply for a wage subsidy within a certain time, so discuss these subsidies with your APM employment consultant today. Beyond helping you to access wage subsidies, your APM employment consultant will support your new employee with:

  • Identifying their strengths and work capabilities
  • Developing skills for jobs and being part of a workplace
  • Ongoing information and support to set them up to succeed when they start a new job