Boosting Mature Age Employment

… with the Restart Wage Subsidy

‘The Restart Wage Subsidy Program delivers up to $10,000 in Australian Government assistance to employers when they hire a job seeker 50 years of age or older. Restart will deliver support to employers who employ and retain eligible job seekers who are 50 years of age or older, who have been unemployed and on income support for six months or more. An employer will receive up to $10 000 (GST inclusive) in assistance for a full-time employee over two years.

The Restart wage subsidy is paid in four six-monthly payments: $3000 after 6 months employment; $3000 after 12 months employment; $2000 after 18 months employment; and $2000 after 24 months employment. Mature age job seekers employed for at least 30 hours per week will attract the full rate of the Restart wage subsidy. Eligible job seekers employed between 15-29 hours per week will attract a pro-rata Restart subsidy.’  (Source: http://employment.gov.au/restart-wage-subsidy).

Eligibility criteria apply in relation to job seeker eligibility, employment/placement eligibility and employer eligibility. To find out more about the eligibility requirements and application process please see http://www.experiencepays.gov.au/what-restart or phone the Global Skills Employment Hotline on (02) 4744 2004