As one of the hardest hit groups throughout COVID restrictions, The Government is now encouraging businesses to employ workers aged between 16 and 35 who were receiving income support in the last 3 months.
The new JobMaker Hiring Credit will provide employers with an incentive payment for each additional eligible worker hired after October 7th 2020 which will help to subsidise the costs associated with additional workers for the next 12 months.
The payments will be made to employers directly, if their nominated employees are between the ages of 16 and 35 when they began employment and they were receiving one of the following income support services: JobSeeker, Youth Allowance or Parenting Payment consistently for 1 month at least, in the last three months.
Applications are open for employers to register for the JobMaker Hiring Credit as of December 6th, 2020 and you do not need to register before you hire eligible employees. For workers between the ages of 16 and 29, you (the employer) will receive $200 a week, and for those workers aged between 30 and 35 you will receive $100 a week in support.
There will be eight claim periods between now and early October 2021. The first claim period begins on February 1st (for employment between 7/10/20 and 6/1/21) and payments will be made in arrears.
You can find more information about this scheme here:
Please reach out to The Hrkac Group if you have any questions or need assistance with the JobMaker Hiring Scheme.