New Apprentice and Trainee Program to Drive Completions - 50% Wage Subsidy available
Tuesday, 05 October 2021
Apprentices and Trainees Queensland (ATQLD) welcomes the Australian Federal Governments new initiative ‘Completing Apprenticeship Commencements’ (CAC). The CAC is a supplement to the ‘Boosting Apprenticeship Commencements’ (BAC). Businesses with an eligible Australian Apprentice or Trainee signed up under the BAC program.
WHAT DOES THIS MEAN?
If a business has commenced or commences by 31 March 2022, an apprentice or trainee they may be eligible for Federal Government wage subsidies. Under the Boosting Apprenticeship Commencements, employers or ATQLD can apply for a wage subsidy of up to 50% of an apprentice or trainees gross wage, up to $7,000 per quarter for 12 months. So, you may be able to claim a total of $28,000 for an eligible apprentice or trainee.
The Federal Government has recently announced the Completing Apprenticeship Commencement, which is an additional wage subsidy of up to 10% of an apprentice or trainees gross wage, up to $1,500 per quarter for the 2nd year of apprenticeship or traineeship. So, in addition to the BAC you may be able to claim a further $6,000 for an eligible apprentice or trainee.
And under the Completing Apprenticeship Commencements, an additional wage subsidy of up to 5% of an apprentice or trainees gross wage, up to $750 per quarter for the 3rd year of an apprenticeship. So, in addition to the $28,000 for the first year and $6,000 for the second year, eligible employers could receive a further $3,000.
A total life cycle wage subsidy for apprentices and trainees under the two programs is $37,000.
WHEN DO YOU NEED TO EMPLOY AN APPRENTICE OR TRAINEE?
These programs are available up to 31 March 2022
HOW CAN WE HELP?
As an established group training organisation with over 130 apprentices and trainees, our sole focus is to help employers with their apprentice and trainee needs. Our experienced staff can help with recruitment, onboarding, monitoring and mentoring, AASN signup, employment, training plans and more. We can handle every aspect of employing apprentices and trainees, allowing you to run your business.
If you would like to find out if you are eligible or need more information, please contact us on 1300 24 24 25 or email email@example.com
Apprentices and Trainees Queensland (ATQLD) is a 35-year-old, not-for-profit Group Training Organisation (GTO) based in Queensland. Our head office is located in Gladstone and support offices in Rockhampton and Biloela. Our Gladstone and Biloela facilities consist of training rooms, fully equipped industrial training workshops for Apprentice Block Release Training or Registered Training Organisation accredited training.