The Australian Government, through their ‘Youth Jobs PaTH (Prepare Trial Hire)’ programme are incentivising businesses to hire people by offering companies a free 4 to 12-week internship period (you receive $1,000 for hosting costs while the intern costs are covered by the Government), together with the possibility of a subsidy of $6,500 or $10,000 if the intern is hired.
How does it work?
To be eligible to host interns, your business must have a reasonable prospect of employment for the interns following the internship BUT you are not obliged to employ that intern at the end of the internship.
The type of work experience interns can do, will vary depending on their skills and experience but it should be structured and meaningful. The intern should become involved in activities that would form part of your normal business processes and activities.
Internships run for between 4 and 12 weeks and must offer 30 to 50 hours of work experience per fortnight. This can include weekend or shift work (excluding public holidays) if that’s a normal part of your business.
What does it cost?
Interns are NOT paid by your business as the intern receives a fortnightly incentive paid by the Australian Government, on top of their income support payment. The intern is also covered by insurance purchased by the Australian Government through the Department of Employment.
Employers who take part will receive a payment of $1,000 to help cover the costs of hosting interns. If you decide to employ interns, you may be eligible for a further wage subsidy of either $6,500 or $10,000.
If you’d like to hear more about managing your Users, please refer to our website at www.liadaccounting.com.au or you can read more on this topic – either as an employer or as a prospective intern, at Youth Jobs PaTH or call 13 17 15.