Wage subsidies for employers can be up to $10,000 (GST inclusive) to help your business hire new staff.
At AKG, we can provide guidance to help you understand what wage subsidies your business may be eligible for.
Wage subsidies
The government offers financial incentives to encourage businesses to hire and retain new employees
Access wage subsidies
Types of wage subsidies for employers
Workforce Australia and Parent Pathways
- Youth Bonus Wage Subsidy – up to $10,000 or 100% of wages (whichever is lower) for customers aged up to and including 24 years of age.
- Workforce Australia Services Wage Subsidy (WASWS)- up to $10,000 or 100% of wages (whichever is lower) for customers 25 years of age and over.
All wage subsidies for employers are GST inclusive.
Inclusive Employment Australia
Employers who take on an Inclusive Employment Australia Jobseeker may be eligible for up to $10,000 in wage subsidies for a fixed term of 26 weeks, depending on your eligibility.
Alongside wage subsidies, employers may also be able to access the following financial supports:
- Licenses & tickets for your new employee
- Reimbursement for workplace modifications
- Support for tools, equipment & clothing
- Help for current employees impacted by injury, disability, or health conditions
All wage subsidies are GST inclusive.
Financial support
When you hire new employees through AKG you may qualify for valuable wage subsidies.
Which financial support are you eligible for?
Your consultant will be able to give you specific information about your eligibility but here’s a quick look at the different types of assistance you may have access to.
What types of jobs can I offer?
Jobs can be full time, part time or casual. They need to be:
- An average of 20 hours per week over the 26 week period of the wage subsidy agreement (WASWS hours can be negotiated but must be a minimum of 15 hours per week)
- Ongoing
- Work that complies with employment standards for the position (for example is suitable work that pays as a minimum the national award wage).
(Apprenticeships and traineeships are also eligible to attract a wage subsidy for employers)
The job you offer cannot:
- Displace an existing employee.
- Be commission based, subcontracting or self-employment.
- Be work for an immediate family member.
AKG is privileged to work in many countries across the globe. We acknowledge the traditional owners and First Nations people for all those places and recognise their connections to lands, water, sky, and community. We are dedicated to learning about local Indigenous People and culture, to sharing what we learn, and to listening and respecting Indigenous voices. We pay our respects to them, their elders and their cultures.
