Employers that provide jobs to people 50 years of age or older, could be eligible for financial assistance that can be used on anything they need to expand their business – from reskilling staff to investing in new equipment.
The Restart Wage Subsidy provides an incentive of up to $10,000 (GST inclusive) to employers if they hire and retain a full-time mature age job seeker aged 50 years or older who has been unemployed and receiving income support for 6 months or more.
The Restart Wage Subsidy can be claimed on a pro rata basis if hiring mature age workers part-time, for at least 15 hours a week.
Visit the Experience Pays website for more information about Restart and the benefits of employing mature age workers.