the Key Financial Incentives for the Employers of Apprentices

Australian Apprenticeship Grants

the Key Financial Incentives for the Employers of Apprentices

With 2022 coming in hot, employers are strategising the future growth of their business.

If you are already thinking of making a new addition to your team, there is financial support available from the Federal Government to assist your business when taking on a new apprentice or trainee.

The Key Financial Incentives employers of apprentices may be eligible for include:

Incentive NameAmountIncentive Criteria Overview
Commencement Incentive$1,500Eligible employer commences a new apprentice.
Rural and Regional Skills Shortage$1,000Employer commences an Australian Apprentice undertaking a Certificate III or IV qualification that leads to an occupation on the National Skills Needs List in a rural and regional workplace.
Mature Aged Workers Commencement Incentive$750For employers of eligible Australian Apprentices aged 45 years or more.
Australian School-based Apprenticeship Commencement Incentive$750For employers of an eligible Australian School-based Apprenticeship.
Australian School-based Apprenticeship Retention Incentive$750For employers who retain an eligible Australian School-based Apprenticeship.
Recommencement Incentive$750For employers who recommence an out of trade apprentice. 
Completion Incentive$2,500Available for employers of new or existing full-time or part-time Australian Apprentices who successfully complete a Certificate III or IV level qualification.
Mature Aged Worker Completion Incentive$750Available for employers who successfully complete an eligible Mature Aged Australian Apprentice.
Support for Adult Australian Apprentices$4,000Available to employers of an eligible adult apprentice, aged 21 years or over if they commenced their apprenticeship on or after 1 July 2019, or 25 years or over if they commenced prior to 1 July 2019.
Additional Identified Skills Shortage Employer Payment$2,000 + $2,000Some of the trades this is available to include: Carpenters and Joiners, Plumbers, Air-conditioning and Refrigeration Mechanics, Bricklayers and Stonemasons and Wall and Floor Tilers. Click here for the list of trades contained on the AISS List.
Boosting Apprenticeship Commencements Wage Subsidy1st Year:
Up to $7,000 per quarter or $28,000 in total 
Available for employers of who commence or recommence an eligible Australian Apprentice or Trainee between 5 October 2020 and 31 March 2022 inclusive.
50% Wages Subsidy reimbursement for wages paid in the 12-month period from the date of commencement or recommencement.
Completing Apprenticeship Commencements Wage Subsidy2nd Year: Up to $1,500 per quarter 

3rd Year: Up to $750 per quarter 
After the initial 12 months of Boosting Apprenticeship Commencements wage subsidy employers may transition to the Completing Apprenticeship Commencements program where employers will receive:10% wage subsidy for the for the Second Year of an eligible apprenticeship5% wage subsidy for the for the Third Year of an eligible apprenticeship 

For a comprehensive list of the Government Grant support available, please see the Australian Apprenticeships Incentives Program Summary.

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