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Did you know BAC Wage Subsidy Program helps SMEs with employee wages?

DID YOU KNOW… 

That businesses that enrol their staff in traineeships before March 2022 are eligible to receive a government wage subsidy of up $28,000 a year per employee?

The incentive is a part of the BAC Wage Subsidy Program, which aims to assist in the recovery from the economic impact of COVID-19.

Without 

NRA Retail Institute

With 

NRA Retail Institute

Employee annual wage $44,122 $44,122
Course Fee $3,500*
BAC Wage Subsidy $28,000*
Total $44,122 $19,622

*Course fee may vary based on location and membership status

**Maximum subsidy of $7,000 per quarter

 

The table above shows a business’ yearly expenses with one full-time Level 1 employee, receiving a wage of $22.33 per hour. At the end of the year, the company would have spent $44,122 in wages.

However, if the same staff member was enrolled at the NRA Retail Institute – becoming eligible for the BAC wage subsidy – at the end of the year, the company’s expenses would be $19,622.

It’s a business decision that just makes sense. Contact our Training Team at 1800 738 245 to find out how to take part in this program before time runs out.

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RECEIVE GOVT GRANT OF $10K to $250K*.

Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.
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