Looking for Talent?
It becomes increasingly challenging to find experienced strata managers. There is no denying that our industry needs a constant flow of new talent. So why not employ a trainee with great subsidies?
Traineeships are a great and cost-effective way to attract new employees who could become tomorrow’s superstars. Businesses are rewarded with committed employees who are trained to apply skills, tailored to their business needs.
Certain government incentives can be easily applied. However, new entrants must be registered into a course to receive the funding. By enrolling trainees in Certificate IV in Strata Community Management (CPP40516) with the help of agencies like Apprenticeship Support Australia, companies may be eligible for the following funding:
Any company that engages an Australian apprentice or trainee on or after 5 October 2020 may be entitled to a subsidy of 50 per cent of the wages paid to a trainee between 5 October 2020 and 31 March 2022, to a maximum of $7,000 per quarter (generally for 12 months).
There are limited places in this scheme and the funding will not be forever, so if you are considering the recruitment of a new trainee, you will have to act quickly. To put this into perspective, if an employer engages a trainee for about $60,000 per year, he may receive $28,000 (4 payments of $7,000 over a 12-month period).
Depending on the qualifications held by a trainee, the government may provide funding to cover the course fee. Enrolling in Certificate IV in the Strata Community Management Course can save about $2,500 to $3,500 depending on the course and the Registered Training Organization (RTO).
Employers may be entitled to additional funding to support recruitment and training when enrolling new trainees in the Certificate IV of the Strata Community Management course. A $1,500 commencement incentive followed by a further $2,500 upon completion of the course may be available, an additional $750 on commencement and a further $750 upon completion may also be offered where the trainee is considered to be a mature aged worker.
To activate these incentives for your business, contact Apprenticeship Support Australia on 1300 363 831 or visit its website for more information – www.apprenticeshipsupport.com.au