The Australian Government’s Boosting Apprenticeships Commencements (BAC) subsidy which offers employers up to 50 per cent of their trainee’s wage to be paid for 12 months, is expected to end in March 2022.
Since the start of the BAC, introduced to help employers recover from the impact of COVID-19, ET Australia’s Adult Training College has seen a significant increase in traineeship numbers across business, childcare and disability sectors on the Central Coast.
So far, the BAC has led to well over 100,000 people finding entry level employment in traineeships and apprenticeships across the country.
“Our traineeship numbers have increased by over 50 per cent since October last year,” ET Australia Business Development Manager, Dana Mahia, said.
“32 per cent of these trainees are employed at businesses we haven’t dealt with in the past.
“Along with receiving the 50 per cent wage subsidy, these businesses have used the free trainee recruitment service we offer to find a suitable trainee for them if ET Australia’s Training College is their Registered Training Organisation of choice for their traineeship.
“Invitation To Health in Wyoming is one example; they’ve hired two trainees full-time to take advantage of the Government’s push for more trainees.
“The subsidy also allows businesses with newly hired, casual, or part-time employees to benefit from the wage subsidy should they convert their position to a traineeship.
“Over a 12-month period this could mean a wage subsidy of up to $28,000 per employee who enters a traineeship training contract for an eligible Certificate II or higher qualification.”
ET Australia’s Training College Manager, Cath Roden, said, the wage subsidy could be a key factor to help businesses recover when NSW comes out of lockdown.
Source:
Media release, Aug 16
ET Australia