Payroll is a consistent cost to all employers across Canada. Fortunately, business grants are available to minimize these costs.
Did you know that you can hire a recent post-secondary graduate and receive up to 50% of their payroll in government grants? In fact, an additional grant may cover up to 2/3 of third-party training costs for any employee on your payroll.
Hiring Grants for Summer Students in 2017:
- Covers up to 50% of minimum wage (100% of min. wage for non-profits).
- Must apply now for internships starting next year. Application Deadline: January 20, 2017.
- Internships can start from April 17 to July 16, 2017. Must finish by August 26, 2017.
- Students must be returning to school in the fall of 2017.
- Can apply for multiple candidates.
- Open to employees with <50 employees.
Hiring Grants for Post-Secondary Grads in 2017:
- Covers up to 50% of their payroll to a maximum of $14,000-20,000 over 4-12 months.
- Applications open each year in Q2 (April-June) for hiring youth college/university grads not already on payroll.
- Can apply for multiple candidates.
- Program variants support many industries and position types.
Third-Party Training Grant:
- Covers up to 66% of future third-party training expenses.
- Can include multiple employees.
- A wide variety of training themes are covered including software, certifications, soft skills, and post-secondary courses.
Apply for Hiring and Training Grants in 2017
Both hiring programs are first-come, first-serve so it’s important to build a funding plan early on. Training grants may be accessed throughout the year.
If your upcoming growth strategies include obtaining hiring grants, please contact Mentor Works using the button below to confirm eligibility.