This program is a fantastic opportunity for your organization to benefit from wage assistance while providing valuable work experience to post-secondary students. By participating, you can hire students for summer jobs and receive a subsidy of $10.50 per hour (or $11.50 per hour if the student is from a designated diversity group). This financial support can significantly reduce your payroll expenses, allowing you to allocate resources to other important areas of your organization.

What You Get:

• Subsidy for wages: $10.50 per hour, or $11.50 per hour for students from designated diversity groups.
• Flexible hiring terms: Hire students for 8-14 weeks during the summer.
• Reimbursement: Up to 525 hours of student work.

Benefits:

• Cost-effective staffing: Reduce your wage expenses while gaining enthusiastic and skilled student workers.
• Enhanced productivity: Students can bring fresh perspectives and up-to-date knowledge to your projects.
• Support diversity: Additional subsidies for hiring students from designated diversity groups.

Applying is straightforward, and the benefits to your organization and the students you hire are substantial. This program not only helps you financially but also supports the development of future professionals.

Type of Financing: Wage Subsidy

Subsidy Details:

• Amount: $10.50 per hour for wages paid to student employees.
• Increased Subsidy: $11.50 per hour if the student is a member of a designated diversity group.
• Work Term: Students must work at least 240 hours during their term. The program will reimburse up to 525 hours.

Eligible Expenses:

• Wages paid to post-secondary students employed in summer jobs.
• Vacation pay included in the wages.

Ineligible Expenses:

• Funds cannot be used for any expenses other than wages and vacation pay for the student employees.
• Cannot be used for positions already funded by other government employment programs.

Fees:

• There are no fees associated with applying for or receiving this wage subsidy.

The Student Summer Skills Incentive (SKILL) program offers wage assistance to help your business hire post-secondary students for summer jobs. You can receive a subsidy of $10.50 per hour for each student you hire, or $11.50 per hour if the student is from a designated diversity group. This subsidy can cover up to 525 hours of work, making it easier for you to manage payroll costs.

This program is designed to benefit both your business and the students. By hiring students whose studies align with your needs—like a Computer Science student for IT tasks or a Business student for marketing—you gain valuable skills for your projects. If you hire a student in a Co-op or Work-Integrated Learning program, they can even earn course credit, which enhances their educational experience.

To qualify, you need to hire students for 8-14 weeks during the summer, ensuring they work at least 240 hours. This program not only helps you financially but also supports the development of the next generation of skilled workers.