EXPERIENCE PAYS

0

What is Restart?

The Restart Programme is an Australian Government wage subsidy that encourages businesses to employ mature age workers.

Restart can help you to expand your business and employ workers who are 50 years or older.

What is the Restart wage subsidy?

The Restart wage subsidy is a payment of up to $10,000 (GST inclusive) if you employ eligible mature age job seekers for 12 months or more.

Up to $6,500 (GST inclusive) is payable if the employment is for at least 30 hours per week, over 12 months. A bonus of up to $3,500 (GST inclusive) will be paid for employment which lasts the full 12 months, making it a total of up to $10,000 (GST inclusive).

You will receive a pro-rata wage subsidy starting from $3,250 (GST inclusive) if you employ an eligible mature age worker for 15–29 hours per week.

If you employ 10 or more mature age workers you can bundle the Restart Wage Subsidy Agreements and negotiate with your employment services provider to receive a portion of the wage subsidy as a lump sum payment, to help cover the upfront costs of hiring multiple employees.

Who can attract the wage subsidy?

To receive this wage subsidy, you need to employ a job seeker who is:

  • 50 years of age or older
  • unemployed and on income support for six months or more
  • registered with a jobactive or Disability Employment Services or Community Development Programme provider.

If you have employed an eligible mature age job seeker who is not registered with an employment services provider, they will need to register with a provider in order for you to receive a wage subsidy. Please note that you should ensure the job seeker registers with a provider as soon as possible after starting work, as a delay may postpone the wage subsidy payments or mean that you will not be able to access the subsidy.

Want more information?

Note that call charges apply for calls to ‘13’ numbers from mobile phones.

 

https://www.experiencepays.gov.au/what-restart

Share.