Jobs for Youth Program
Highlights
This program is designed for businesses like yours to benefit from hiring students during the summer. By participating, you can receive up to 50% wage reimbursement for hiring post-secondary students, making it a cost-effective way to bring fresh talent into your business. This subsidy can significantly reduce your payroll expenses while providing valuable work experience to students.
Why Apply?
- Financial Support: Get up to 50% of the provincial minimum wage reimbursed.
- Talent Acquisition: Hire motivated students eager to learn and contribute.
- Community Impact: Promote economic development and support local education.
What's in it for You?
- Cost Savings: Lower your wage expenses.
- Skill Development: Benefit from students' up-to-date knowledge and skills.
- Easy Application: The process is straightforward, and you can apply online.
Participating in this program not only helps your business financially but also supports the community by providing students with meaningful work experiences.
Financing Details
Type of Financing: Wage Subsidy
Repayment Terms and Interest Rates:
There are no repayment terms or interest rates associated with this wage subsidy. The funds provided do not need to be repaid.
Eligible Expenses:
The wage subsidy can be used to cover:
- Wages for full-time student positions.
- Vacation pay for up to 40 hours per week.
Ineligible Expenses:
The funds cannot be used for:
- Employer contributions to Employment Insurance (EI).
- Canada Pension Plan (CPP) contributions.
- Workers Compensation premiums.
- Any other costs outside of wages and vacation pay.
Fees:
There are no fees associated with applying for or receiving this wage subsidy.
Qualifications
- Must be a non-profit, private business, or public sector organization.
- Business must be operating in Prince Edward Island.
- Must provide a valuable experiential learning opportunity related to the student’s field of study.
- Must hire students aged 15-29 for the Jobs for Youth Program.
- Must hire full-time post-secondary students for the Post-Secondary Student Program.
- Must pay at least the provincial minimum wage rate of $15.40/hour.
- Must provide a PEI Corporate Registry number.
- Must provide a Business HST number.
- Must provide a CRA payroll number.
- Must provide a Worker’s Compensation Number.
- Must disclose any previous provincial and/or federal government agreements.
Must disclose any default amount owing to a government department or agency.
Disqualifications:
- Businesses that cannot provide a valuable experiential learning opportunity related to the student’s field of study.
- Businesses that cannot meet the minimum wage requirement.
- Businesses with outstanding defaults to a government department or agency.
Description
This program offers your business a great opportunity to hire students during the summer. You can receive up to 100% of the provincial minimum wage plus 4% vacation pay for non-profit and public sector positions, and up to 50% for private sector positions. This means you can bring in fresh talent without bearing the full cost of their wages.
The funding can be used to employ students for 8 to 18 weeks during the summer. This can help you complete projects, bring in new ideas, and offer students valuable work experience. Priority is given to positions that provide experiential learning related to the student’s field of study, which can be a great way to contribute to their education while benefiting your business.
You will need to cover other employment costs like EI, CPP, and Workers Compensation premiums. However, the wage subsidy makes it easier to manage these expenses. By participating, you not only get financial support but also help in fostering the next generation of professionals.
Program Steps
Gather Required Documentation: Prepare the following documents for your application:
- Business name and contact details, including primary and alternate contact persons
- PEI Corporate Registry number
- Business HST number
- CRA payroll number
- Worker’s Compensation Number
- Organization type (private, non-profit, or public)
- Date of business establishment
- Business activity (major product or service)
- Number of employees in Prince Edward Island
- Preferred language of service (English or French)
- Legal signing officers for binding legal agreements and payment claims (name and title)
- Disclosure of previous provincial and/or federal government agreements
- Disclosure of any default amount owing to a government department or agency
- Project or activity description
- Position title
- Job activities/duties
- Objectives to be achieved
- Education and skills required
- Duration including start and end date and total weeks
- Rate of pay (hourly)
- Supervisor name and contact details
- Name and contact for person responsible for payroll/timesheet, if different from supervisor
- Completed PEI Government vendor registration form
Complete the Online Application Form: Visit the program's webpage and fill out the online application form. Ensure all fields are accurately completed.
Upload Required Documents: Attach the prepared documentation to the online application form. Ensure all documents are correctly uploaded and legible.
Review and Submit Application: Carefully review your application to ensure all information is accurate and complete. Submit the application before the deadline of March 29, 2024.
Wait for Confirmation: After submission, you will receive a confirmation email. Keep this for your records.
Follow Up: If you have any questions or need assistance, contact SkillsPEI's general inquiries line at 1-877-491-4766 or email [email protected].
Prepare for Potential Interview: Be ready to discuss your application in detail if contacted for further information or an interview.
