New Subsidy for Employers in the New Year

Employers are being encouraged to take advantage of a new government subsidy that will be available in the New Year to help reduce the costs of taking on new staff.

From 1 January 2012, employers may be able to receive around $5700 for each new employee, or around $220 per week, to subsidise the costs of wages and training for the first six months an eligible job seeker is employed.

ETC's National Manager Employment Services Jenny Barnett said the new initiative called Wage Connect was great news for employers and more flexible than government wage subsidies that have been available in the past.

"Claims can be lodged as frequently as you wish following the payment of wages to the employee. You can submit claims weekly or fortnightly-whatever works best for you and your business," Ms Barnett said.

"The subsidy is available for any suitable type of work as long as the position is full-time, for a minimum of 26 weeks and is expected to be ongoing and sustainable.

"Wage Connect will help employers reduce their initial training and labour costs and will also give job seekers an opportunity to gain work and transition to financial independence."

Ms Barnett said employers would be supported during the subsidy period.

"ETC is committed to making sure employers and job seekers are well matched and receive adequate support and mentoring," Ms Barnett said.

"To take advantage of the subsidy, employers simply need to fill out an agreement with ETC prior to the job seeker starting in the position."

For further information contact ETC on 1800 007 400.