Skillset welcomes the Federal Government’s Apprentice and Trainee Stimulus Package
On March 12, 2020, the Federal Government announced an economic stimulus package for businesses and individuals in response to Coronavirus COVID-19. A wage subsidy has been introduced to support small businesses (less than 20 employees) to retain their apprentices and trainees. Eligible small businesses can receive a wage subsidy of 50 per cent of the apprentice’s or trainee’s wages paid during the 9 months from1 January 2020 to 30 September 2020.
Skillset will co-ordinate the incentive program on behalf of eligible host employers.
To be eligible for the subsidy, businesses need to meet the following criteria:
- employ less than 20 full-time employees;
- host at least one apprentice or trainee and;
- the apprentice or trainee must have had a training contract as at 1 March 2020.
Eligible small businesses will be reimbursed up to a maximum of $21,000 per eligible apprentice or trainee ($7,000 per quarter between 1 January 2020 to 30 September 2020).
If you require further information regarding the apprentice and trainee wage subsidy, please call Ben Ruddy, Skillset Manager – Workforce Programs on 0409 455 033.
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We are honoured to be on the ancestral lands of those whose cultures are among the oldest living cultures in human history. We pay respect to the Elders, past, present and to the younger generation of the community who will be the future leaders in years to come.