1800 863 863 enquiries@tme.edu.au
Select Page

Subsidised Training for your new or existing workers

Looking to take advantage of the Federal Wage Subsidy to accelerate the skill development of your staff?

TME can help both to train your staff and access the financial subsidy.

Please see the below 2 examples to see how it benefits business like yours.

IF

A new full-time employee enrols in traineeship

Employer earns New Entrant subsidy of $4,000 from Australian Government

Plus

Wage subsidy of up to $28,000 from Australian Government

Employee enrols with approved RTO, like TME

Employer pays training fee(varies by course, but say BSB41419 WHS $4,500)

At the end, employer get

1. Trained Employee

2. Net $27,500 in to their bank account.

Example 1

IF

A existing worker undertaking approved course (e.g. Certificate IV in WHS)

Employer earns Wage Subsidy of up to $28,000 from Australian Government

Employee enrols with approved RTO, like TME

Employer pays training fees (varies by course, but say BSBWHS41419 $4,500)

At the end, employer get

1.Trained Employee

2, Net $23,500 in to their bank account

 

 

Example 2

There are many other cases.

Contact us to discuss your situation and we’ll see if we can help

Contact us now

Eligibility Requirements for the Wage Subsidy

What is BAC? 

$1.2 billion COVID-19 boost-Australian Apprenticeship Incentives Program

Boosting Apprenticeship Commencements (BAC) is an apprentice wage subsidy to encourage employers to take on apprentices and trainees.

This government Incentives Program for apprentices and trainees can be applied by new trainees and existing workers.

It is in addition to the Supporting Apprentices and Trainees wage subsidy which is helping small and medium businesses to keep their apprentices and trainees in work and training.

How much?

Subsidy up to $7,000 per quarter (or 50% of trainee wage, whichever is least) to end of September 2021.

Eligible employer

Employers of any size, any industry, or geography location that engage and Australia Apprentice or trainee between 5 Oct 2020 and 30 Sep 2021

All new worker non-trade-based (including traineeships) are eligible (may also attract the new-entrant subsidy of up to $4,000.

Eligible period

Commence an Australian Apprentice or Trainee between 5 Oct 2020 and 30 Sep 2021 with final claims for payment completing 31 Dec 2021

 

Eligible training program

Certificate II or Higher qualification plus a formal approved training contract by the state training authority.

Payment

Payments will be made quarterly in arrears directly into the recipient’s nominated bank account. 

Additional Info

BAC is not available for

* Any apprentice or trainee receiving other wage subsidies, such as Supporting Apprentices and Trainees (SAT) or Jobkeeper

All new worker non-trade-based (including traineeships) are eligible (may also attract the new-entrant subsidy of up to $4,000) 

Existing Workers?

Existing workers need to be trained in a (limited range of) trade-based qualification, but prior qualifications don’t make them ineligible.

Existing worker non-trade-based qualifications(including traineeships) have a cap of 30 places per employer (ABN) where they meet the following criteria:

  • A casual staff member moving to a full-time employment position and undertaking an apprenticeship or traineeship
  • A casual staff member moving to part-time employment position and undertaking an apprenticeship or traineeship
  • A part-time employee moving to a full-time position to undertake an apprenticeship or traineeship


Make the most of the wage subsidy while you can                                      “

Subsidised places are limited to 100,000 and will go fast.

Your organisation gets the subsidy, out of which you pay TME the usual training fees, leaving you sustantialy advantaged.

Ready to get started?

or If you’d like to discuss your unique needs or find out how we can help you to hire an apprentice or trainee and receive the wage subsidy hassle-free, get in touch with our team on 1800 863 863 now!

or make an Enquiry now