Written by Strac Ivanov, MBA, President and Co-founder of VicinityJobs.com
Our community partner Sheridan College just sent us information about a great incentive that the Ontario government offers through its Youth Employment Fund to employers who hire young workers – and Sheridan is delivering the program in Ontario’s Peel and Halton regions.
I believe that this is a great initiative, and very much needed in today’s economy. Youth unemployment In Canada is now at 13.4% and growing: This is much higher than in any of the remaining age groups, and almost twice the national average of 6.9%. The key reason is that young workers don’t have experience, and in today’s uncertain economy, employers are (understandably) less willing to make longer-term investments in training new employees. They want to hire people with experience, most 20-year olds don’t have experience, and cannot get jobs as a result: So they are unable to gain experience and start a career.
To break this vicious circle, the Government of Ontario is now offering employers who are willing to offer “meaningful on-the-job training for youth” to offset up to $6,800 of training and wage costs. The program is funded through the Youth Employment Fund. In Halton and Peel Regions, the program is delivered by Sheridan College. Here is a link to a brochure with more details and contact information:
If you are an Ontario employer outside of Halton and Peel Regions, the program in your area would be delivered by your local Employment Ontario Employment Services site. For more details, visit the Youth Employment Fund’s website