JobMaker Hiring Credit aims to get young people into work
Apr 01, 2021
If you’re aged 16-35 and have been receiving the JobSeeker Payment, Youth Allowance (Other) or Parenting Payment, stating this in future job applications and interviews could help you stand out.
The government’s new JobMaker Hiring Credit is a financial incentive designed to help increase the employment of young Australians as the economy recovers from COVID-19.
If a business is increasing its headcount and payroll, and fills a new job with an eligible employee, the ATO will reimburse them up to $200 per week.
An eligible employee is someone who:
- is 16 to 35 years old
- starts a new job between 7 October 2020 and 6 October 2021, and
- has received the JobSeeker Payment, Parenting Payment or Youth Allowance (except if they are receiving the allowance because they are undertaking full-time study or are a new apprentice) for at least 28 consecutive days (or 2 fortnights) in the 84 days (or 6 fortnights) prior to starting employment.
If you are offered a new position, you will need to declare that you meet all the criteria before your employer can claim the JobMaker Hiring Credit.
To find out more go to www.ato.gov.au/General/JobMaker-Hiring-Credit/Employees/.