To encourage employers to harness the skills of Australia’s ageing population, the Federal Government is providing a financial incentive to employers who engage and retain mature-age workers.
Available through jobactive – the Federal Government’s $6.8 billion job placement program – the Restart wage subsidy entitles an employer to up to $10,000 for hiring eligible workers aged 50 and over. Employers can put this subsidy, paid to them over six months by their local jobactive provider, towards training and related costs (e.g. a forklift license, IT courses) and any necessary workplace modifications.
Benefit from hiring an older Australia