SOUTH Australian small businesses will be given additional State Government funding to hire new apprentices and trainees, as part of a $12 million skills package to boost local jobs.
The Skills for Business scheme offers small businesses up to $5000 for every new apprentice or trainee hired in South Australian on a paid training contract, as well as advice on how to address a business’ skills and training needs and access subsides.
Minister for Innovation and Skills David Pisoni said the additional funding will help support the work industries have done under the $200 million Skilling South Australia program to deliver more and new skilled jobs for the transitioning economy.
“The new support package will work in tandem with other key Government initiatives – such as the abolition of payroll tax for all small businesses – to lower costs, secure jobs and help drive the economy,” he said.
The funding also follows an announcement of an immediate $350 million economic stimulus package in the wake of the ongoing impact of bushfires and the coronavirus.
“We know many companies and sole traders benefit enormously from hiring an apprentice or a trainee to expand their business, bring fresh ideas and energy into the workplace,” Mr Pisoni said.
“This initiative provides a real kickstart for employers – particularly small businesses of 25 employees and under – with financial support to help offset the costs of employment, but also to ensure businesses are getting the right skills to support growth.
“It is also available for businesses that already have apprentices or trainees and are looking to hire more.”
Member for Chaffey Tim Whetstone said he welcomed the State Governments funding to encourage employers to train more apprentices.
“The investment will help encourage businesses to hire new apprentice and trainees in the Chaffey electorate and equip the next generation with the skills in their chosen field,” he said.
“It’s a great incentive for employers, especially during these unprecedented times and addresses some of the financial barriers faced by small businesses.
“It gives more young people more opportunities to stay in the region rather than having to move away to the city to pursue employment.
“In addition to the $350 million stimulus package announcement, this boost will help to secure jobs, and drive our economy in the Riverland.”