The ACCC believe there is strength in our community and that collaboration is key to economic prosperity in Albert County. Collaboration comes in many shapes and forms and we are proud to announce our new Student Work Placement Program initiative (SWPP) brought to you through our partnership with Ryerson University’s business unit, Magnet.
Over the coming months, we will be helping your business secure quality students paid at a subsidized rate, who will assist your business while they complete secondary and post-secondary education. These positions will be posted into Campus Connect via the Chamber and must meet SWPP eligibility requirements. The program is scheduled to run until March 31st, 2021 so there will be ample time for you to get involved.
The SWPP initiative promises to assist our businesses with an influx of keen workers and at the same give back to the community by giving students hands-on business experience while they finish their studies. It will expand the number of Work Integrated Learning (WIL) opportunities in our region, exciting our young people about business and their future while giving businesses the opportunity to connect with rising stars.
What is it?
Funded by the Government of Canada, SWPP provides employers with wage subsidies of up to $7,500 to hire post-secondary students for paid work experiences. Students in turn benefit with quality work experience so they can secure employment in their chosen fields of study.
What are the benefits of using it?
SWPP is a tool that allows employers to make connections with student talent. For businesses and industries expecting waves of retirement in the near future, creating connections with students is an essential step in ensuring skill succession and a steady pipeline of talent. Thanks to the subsidies offered by SWPP and funder ESDC, employers can make those connections while saving costs. SWPP can also support businesses in a period of recovery by allowing them to enhance their capacity with new hires and offset costs with the program’s wage subsidies.
Magnet SWPP Eligibility Requirements
For an employer to be eligible for SWPP funding it must meet the following requirements:
- is a registered, Canadian business or non-profit, or public post-secondary institution.
- is NOT a federal, provincial, territorial, or municipal government
- is committed to paying the student for the role
- will comply with all federal and provincial human rights and labour legislation, regulations, and any other relevant standards including the Occupational Health and Safety Act and the Employment Standards Act
- has the financial capacity to pay the student for the duration of the placement in full (the wage subsidy will be administered after receiving the final pay stub at the end of the placement)
- where legally required, the employer is responsible for Workplace Safety and Insurance Board (WSIB) or alternate workplace insurance coverage
- has not received or will not receive funding through Magnet or another program delivery partner for more than one Student Work Placement Program subsidy per student placement
- will not count any subsidy provided under this program toward tax credits
- is only submitting applications for paid placements that are not subsidized by the federal government under another funding program
- is only submitting applications for registered domestic students where the Placement is a requirement in a course or program recognized by the Institution.
- is only submitting applications for students who are Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act
- is only submitting applications for students legally entitled to work in Canada.