Any employer who takes on an apprentice or trainee up until 30 June 2022 can gain access to:
- 50 per cent of the eligible Australian Apprentice’s wages in the first year, capped at a maximum payment value of $7,000 per quarter per Australian Apprentice,
- 10 per cent of the eligible Australian Apprentice’s wages in the second year, capped at a maximum payment value of $1,500 per quarter per Australian Apprentice, and
- 5 per cent of the eligible Australian Apprentice’s wages in the third year, capped at a maximum payment value of $750 per quarter per Australian Apprentice.
Employing an apprentice or trainee can deliver real benefits to your business, including:
- Employers can shape the learning of trainees to suit the needs of your business, developing staff with job-specific skills and experience.
- Traineeships are an effective way of building your team. Trainees are more likely to stay with your business because you gave them the start to their career. Retaining their skills and experience is good for your business.
- Traineeships combine hands-on industry training with off-job study under a training contract between the trainee and their employer.
- Employing apprentices is cost-effective – employers can access subsidised training (subject to eligibility) and Government incentives.
What is an apprenticeship or traineeship?
An apprenticeship or traineeship combines paid on-the-job training provided by an experienced supervisor in the workplace, with off-the-job learning through a training provider.
Traineeships can be full-time or part-time and are available to anyone of working age and at any education level including school students, school-leavers, people re-entering the workforce, and those seeking to change or advance their career.
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