Companies Appreciate the New Alberta Job Program, Hurry to Apply
Alberta Job: Firms over the dependency are in a hurry to apply for Alberta’s new job recovery performance and are celebrating the province for this drive.
20 Positions
Alberta Jobs Now, which launched on Thursday, allows employers to apply for grants that cover 25 percent of an employee’s salary for 52 weeks, up to a maximum of $ 25,000 per employee. Firms can apply for money for up to 20 posts.
Neo Financial CEO Andrew Chow said, “What this enables us to do is add pure new jobs to our company and make dollars that we have to go forward and be able to reinvest in additional growth.” “I think it serves as a step in the development of some companies.”
The administration says it will put more extra than 22,000 Alberts back to work by giving grants to societies and not-for-profits that apply for unemployed or underemployed workers.
The $ 370 million programs will be launched in two years and is also a 50/50 split of provincial and federal dollars. Premier Jason Kenny called it the largest employment training program in the province’s history.
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The opposition NDP has criticized the government for taking months to implement it and not taking up much of the jobs lost during the epidemic.
Salary or Training
Its structure differs from other provincial employment programs, as Alberta’s plan allows the money to be used for payment. BC In and Ontario, the money is set aside specifically for re-training and upskilling initiatives.
The Minister of the Labor Office said that it was designed in such a way as to “provide employers and Alberts more flexibility and options to meet their specific needs”.
One CEO says that salary options are not necessarily a problem.
“As long as the government of Alberta does a good job of filtering out the right companies applying for this program … I think the rest of the data comes in on its own,” said Nicolas Beek, CEO of Halseum Which facilitates credit card payment.
Structuring the Program
His company advised the government when structuring the program.
“I think this business gives tech firms a good excuse to take the risk in hiring someone who wants more practice on the job.”
The companies were divided on whether they would use the pay stream or the re-training stream of the program.
Leven Electronics and Granify, a company that works with online retailers, also said they were working on their grant applications on Thursday.
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The first installment will be paid to employers after 12 weeks of employment and the last payment after 52 weeks.
Applications for the new grant will be accepted by 31 August. The second application period will run from 15 September to 31 December.
According to Statistics Canada, Alberta’s unemployment rate in April was 9.0 percent, lower than the previous year’s high of 15.8 percent.
Source: cbc.ca
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