Youth Employment training and wage subsidies incentives

Youth Employment training and wage subsidies incentives in Ontario, Canada

The province has allotted $295 million to tackle youth unemployment in Ontario and, through this funding, employers can receive up to $7,800 in training and wage subsidies to help offset the cost of providing a placement to young workers.

map_of_canadaThe province has allotted $295 million to tackle youth unemployment in Ontario and, through this funding, employers can receive up to $7,800 in training and wage subsidies to help offset the cost of providing a placement to young workers. The average cost for an employer to hire and train a new candidate is $3,000 for them to be considered self-sufficient in their role, said Isabelle Lewis, employment service manager at bradford WORKS.

There is a great need for this program in the community, Ms Lewis said. “It’s absolutely a high youth unemployment rate, especially in more rural areas like Bradford where transportation is limited. It’s young people who suffer the most,” bradford WORKS employment service manager Isabelle Lewis said.

“It’s absolutely a high youth unemployment rate, especially in more rural areas like Bradford where transportation is limited. It’s young people who suffer the most,” she said.

Youths, whether they have an education or not, have a difficult time getting into the workforce, due to a lack of experience, she added.

“It’s creating an opportunity for people to get their foot in the door.”

Wage subsidy money can be spent on training job seekers prior to their placement, such as at a service agency like bradford WORKS and to the employer to help offset the worker’s wages.

Ideally, they would be kept by the employer after the placement, but that’s not a mandatory requirement for employers, Ms Lewis said.

She added this funding puts businesses in a low-risk situation because, at the end of the placement, they would have a fully-trained staff member without the financial hit it would normally take to train him or her.

Read More about youth employment subsidies in Ontario, Canada

We’d like to hear about initiatives like this, especially from Australia at an upcoming long term unemployment conference http://longtermunemployment.org.au/

There will be a focus on youth employment and initiatives to overcome the barriers to employment such as lack of experience, training, drivers licences,  clothing, tools for apprenticeships and regional issues

Long-Term Unemployment Conference 2014

A national  conference focusing on at risk groups for Long-Term Unemployment | Mature Age | Youth | Indigenous | Disability | Regional |

18-19 August 2014, QT Hotel Surfers Paradise

URL: www.longtermunemployment.org.au  Ph: (61 7) 5502 2068 Fax: 07 5527 3298

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