JobsNL Wage Subsidy

Up to $12
Type
WAGE SUBSIDIES AND INTERNS
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

The JobsNL Wage Subsidy program is designed to help your business grow by providing financial support to hire new employees. This program offers three different subsidy options tailored to meet your needs, whether you are looking for long-term, seasonal, or short-term employment solutions.

Why This Program is for You

  • Financial Support: The program offers up to 80% wage subsidies, significantly reducing your payroll costs.
  • Flexible Options: Choose from three subsidy plans to fit your business needs:
    • JobsNL 42: Up to 28 weeks of subsidies for long-term employment.
    • Ukrainian Wage Subsidy: Special support for hiring Ukrainian participants.
    • JobsNL-28: Ideal for seasonal or short-term employment with up to 28 weeks of subsidies.

What’s in it for You

  • Cost Savings: Reduce your salary expenses, allowing you to allocate funds to other critical areas of your business.
  • Ease of Qualification: The application process is straightforward, and you can expect a decision within 20 business days.
  • Enhanced Workforce: Hire individuals who are eager to gain work experience, contributing to a more dynamic and skilled team.

By participating in this program, you not only benefit from financial support but also contribute to the local economy by providing employment opportunities.

Financing Details

Type of Financing: Wage Subsidy

Repayment Terms and Interest Rates:

  • No repayment required. This is a subsidy, not a loan.

Eligible Expenses:

  • Salary costs for new positions created under the program.

Use of Funds:

  • Funds can be used to offset wages for new employees.
  • Funds cannot be used for any other expenses outside of wages.

Fees:

  • No fees are associated with this program.

Qualifications

  • Must be a private or not-for-profit sector employer that is incorporated or a sole proprietorship.
  • Must have a Canada Revenue Agency (CRA) business number.
  • Must be in good standing with the Registry of Companies and Deeds.
  • Must have an office location/base in Newfoundland and Labrador.

  • Disqualifications:

    • Federal and provincial government departments.
    • Crown agencies and corporations.
    • Boards and commissions.
    • Municipalities.
    • Political parties.

Description

This program offers your business a chance to receive funding to help cover salary costs and create new job positions. It’s designed to support both long-term and seasonal employment. Here’s how it works:

JobsNL 42: You get a wage subsidy for 28 weeks out of a 42-week employment period.

  • First 14 weeks: 60% subsidy, up to $12 per hour.
  • Second 14 weeks: No subsidy.
  • Third 14 weeks: 80% subsidy, up to $12 per hour.

Ukrainian Wage Subsidy: For employers hiring Ukrainian participants for full-time, year-round jobs.

  • First 14 weeks: 70% subsidy, up to $12 per hour.
  • Second 14 weeks: 60% subsidy, up to $12 per hour.
  • Third 14 weeks: 80% subsidy, up to $12 per hour.

JobsNL-28: For seasonal or short-term employment lasting 10 to 28 weeks.

  • 60% subsidy, up to $12 per hour.

This program helps you manage payroll costs while providing valuable work experience to individuals. It’s a great way to grow your team and support your business operations.

Program Steps

  1. Register as a Government Vendor and Receive LaMPSS User ID:

    • Register as a government vendor to enable payment processing.
    • Complete the Employer Registration form.
    • Check your email for your LaMPSS user ID and password.
  2. Prepare Documentation:

    • Gather necessary documents for the application:
      • Canada Revenue Agency (CRA) business number.
      • Proof of good standing with Registry of Companies and Deeds.
      • Office location/base in Newfoundland and Labrador.
      • Terms and Conditions agreement of the JobsNL program.
      • Employee Contact Form (to be submitted after hiring).
  3. Submit Online Application in LaMPSS:

    • Log into your LaMPSS account.
    • Complete and submit the online application.
    • Read and agree to the Terms and Conditions before submission.
  4. Monitor Application Status:

    • Log into your LaMPSS account to check the progress of your application.
    • Expect a decision via email within 20 business days of submitting a complete application.
  5. Hire an Employee:

    • Once approval is granted, hire an individual within 30 business days.
    • Submit the Employee Contact Form.
  6. Follow Up:

    • Ensure all required documentation and forms are submitted promptly.
    • Contact the support team if you need assistance with LaMPSS or have any questions:
Visit Program Website