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HR & Recruitment

$20,000 Wage Subsidies for Victorian Businesses

Summary

The Victorian Government has launched a new program offering businesses wage subsidies of up $20,000 per employee to help people get back to work after the pandemic. The $250 million Jobs Victoria Fund is part of a wider program to help businesses and people whose employment has been most impacted by COVID-19 recover and rebuild their lives. Eligible employers that hire jobseekers from priority groups can receive up to $20,000 per employee to cover the costs of hiring and training new staff for the first 12 months of employment. Subsidies are available for up to 20 full-time equivalent employees OR up to a maximum 20% growth in your current staffing levels. Who can apply? All businesses operating in Victoria with an annual payroll of up to $20 million can apply. This includes SMEs, sole traders, not-for-profits, social enterprises, local councils and universities. Note: You must hire employees from priority groups before you apply for funding. Who are the priority jobseekers for the Jobs Victoria Fund? The Jobs Victoria Fund supports the following people into work: women aged over 45 years jobseekers who are long-term unemployed (unemployed for six months or more) jobseekers registered with a Jobs Victoria partner Aboriginal and/or Torres Strait Islander people people with disability people seeking asylum/refugees newly arrived migrants from non-English speaking backgrounds young people aged under 25 people over 45 years veterans people previously employed under the Working for Victoria initiative. How do I apply for the Jobs Victoria Fund? Visit the Jobs Victoria Fund website for more information on eligibility and how to apply.

The Victorian Government has launched a new program offering businesses wage subsidies of up $20,000 per employee to help people get back to work after the pandemic.

The $250 million Jobs Victoria Fund is part of a wider program to help businesses and people whose employment has been most impacted by COVID-19 recover and rebuild their lives.

Eligible employers that hire jobseekers from priority groups can receive up to $20,000 per employee to cover the costs of hiring and training new staff for the first 12 months of employment.

Subsidies are available for up to 20 full-time equivalent employees OR up to a maximum 20% growth in your current staffing levels.

Who can apply?

All businesses operating in Victoria with an annual payroll of up to $20 million can apply. This includes SMEs, sole traders, not-for-profits, social enterprises, local councils and universities.

Note: You must hire employees from priority groups before you apply for funding.

Who are the priority jobseekers for the Jobs Victoria Fund?

The Jobs Victoria Fund supports the following people into work:

  • women aged over 45 years
  • jobseekers who are long-term unemployed (unemployed for six months or more)
  • jobseekers registered with a Jobs Victoria partner
  • Aboriginal and/or Torres Strait Islander people
  • people with disability
  • people seeking asylum/refugees
  • newly arrived migrants from non-English speaking backgrounds
  • young people aged under 25
  • people over 45 years
  • veterans
  • people previously employed under the Working for Victoria initiative.

How do I apply for the Jobs Victoria Fund?

Visit the Jobs Victoria Fund website for more information on eligibility and how to apply.