Financial incentives to help employers take on job seekers

FRASER Coast employers can now benefit from a range of improved financial incentives on offer for employing eligible job seekers.

Changes to wage subsidies that take effect from this week will reduce complexity and red-tape for employers as well as provide greater flexibility.

This assistance will help particularly smaller businesses when they need it most - when their hiring and training costs are greatest.

Minister for Employment Michaelia Cash said these subsidies are encouraging businesses to take on new employees, which is helping boost the economy and create more jobs.

"We are nudging the 3000th Long Term Unemployed and Indigenous wage subsidy agreement, which tells me these subsidies are working in giving employers the encouragement they need to hire more staff," Minister Cash said.

Taking effect from 1 November, the following wage subsidies are available:

- Up to $10,000 for Restart mature age job seekers over 50 who have received income support payment for six months or more and are registered with an employment services provider, paid flexibly to employers over 12 months.
- Up to $6,500 for young job seekers under 30 who have completed six months in employment services and are commenced in jobactive, paid flexibly to employers over 12 months.
- Up to $6,500 for Indigenous job seekers who have completed six months in employment services and are commenced in jobactive, paid flexibly to employers over 12 months.
- Up to $6,500 for long-term unemployed job seekers who have completed 12 months in employment services and are commenced in jobactive, paid flexibly to employers over 12 months
- Up to $6,500 for parents who have completed six months in employment services, commenced in jobactive, and classified as a Principal Carer Parent or receive Parenting Payments with participation requirements, paid flexibly to employers over 12 months
- For more information about available wage subsidies and eligibility please visit: https://employment.gov.au/wage-subsidies



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