The total value of the subsidy is calculated as follows: • 50% of the wages (to a maximum of $5,000) for each ‘net new’ placement; or • 70% of the wages (to a maximum of $7,000) for each ‘net new’ placement for the following under-represented groups: o Women in STEM: Women registered and studying in science, technology, engineering and mathematics (STEM) fields. [...] • Committed to paying the student in full for the duration of the placement (the wage subsidy will be administered after receiving all supporting information and documents, including pay stubs, at the end of the placement term). [...] Q: If a student was hired in the Fall 2022 term with TOP support, can the same student be rehired in the Winter 2023 term and be eligible for TOP again? A: If the student has another WIL component as part of their program or course of study in the Winter 2023 term, the student would be eligible for TOP again. [...] Q: If the student is from an under-represented group, is the student automatically eligible for a wage subsidy at the 70% level? A: There is a limited pool of funding to support subsidies at the 70% level for under-represented groups. [...] The organization hiring the student must be the same as the organization paying the student which must be the same as the organization funding is awarded to.
Authors
- Pages
- 21
- Published in
- Canada
Table of Contents
- Table of Contents 2
- About 3
- How the Program Works 3
- Wage Subsidy Overview 3
- Program Eligibility 5
- Employers are 5
- Students are 6
- Placements 6
- How to Apply 7
- What to Expect After Condition Approval 8
- Contact Us 8
- Frequently Asked Questions FAQs 9
- Employer Eligibility 9
- Q Can an employer be located anywhere in Canada Q Are school boards eligible for TOP Q Are start-ups eligible for TOP Q. Are financial sector employers eligible for TOP 9
- Student Eligibility 10
- Q The student I want to hire is a family member. Is this acceptable 10
- Work Placements 10
- Q Are apprenticeships eligible for TOP 10
- Q Can offers of employment be conditional on receiving TOP funding Q What if the student hired for a work placement doesnt work out 11
- Funding 11
- Q Can an employer hire more than one student Is there a limit to the number of placements that can receive TOP funding 11
- Application Process for Employers 13
- Q What information about my organization do I need when I apply 13
- Q What if the organization name on our employment contractletter paystubs and void cheque do not match Q What information about the placement do I need when I apply 13
- Q What information about the student do I need when I apply 13
- Q What documentation do I require from the students post-secondary institution to support my application Q What happens after I submit an application Q Can I apply for TOP before hiring a student 14
- Application Process for Students 15
- Q As a student what information and documents do I need to provide 15
- Appendix A List of Recognized Post-Secondary Institutions 16
