A 50% wage subsidy is now available when employees are engaged in eligible work related training.
The new training and jobs initiative, announced by the Federal Government in its 2020 Budget, offers a 50% wage subsidy for employees enrolled in an approved course with a Registered Training Organisation, such as the Australian College of Optical Dispensing (ACOD).
The initiative applies to employees registered for the Certificate IV Optical Dispensing HLT47815 who are permanently employed part time (minimum 21 hours per week) or full time (minimum 38 hours per week), and long as they are an Australian citizen or permanent resident. Importantly, employers can enrol multiple staff at once, and attract the wages subsidy for each enrolled staff member.
James Gibbins, founder and director of the Australasian College of Optical Dispensing said the announcement is great news as practices, staff members and patients can all reap the benefits of professional training.
“If an employee meets the criteria, we understand they are eligible for a traineeship and for a 50% wages subsidy – but get in quickly because this traineeship scheme is capped and it is expected it will be oversubscribed and closed very quickly. The wage subsidy is available for one year, from 5 October 2020 to 30 September 2021, to a maximum of AU$28,000,” he said.
- A person who is part time and employed for less than one year will receive $1500 training support when they are course complete,
- A person who is full time and has been employed for less than three months, will receive $1500 on course commencement and $2500 on course completion ($4000 in total training support), and
- Other traineeship benefits, such as financial assistance for transport and accommodation associated with attendance, are available
ACOD recently revised its Certificate IV in Optical Dispensing Course, HLT47815 in response to feedback from participants and their employers. Students receive access to the ACOD learning site, online recorded lectures, live interactive webinars, two text books, and extensive teacher support. Additionally, the course now includes three workshops of three days each (nine days in total), which are held regularly in capital cities. Students enrolling between now and the end of this year will attend workshops in 2021 and can be course complete by November 2021.
ACOD charges a fee to participate in its Certificate IV course in optical dispensing. The fee differs from state to state, depending on subsidies available in each one. Recently, the NSW government announced that eligible employees who choose to study the course can do so for free until April 2021. Other state fees are $1,000 for ACT, Tasmania and Western Australia; $2,500 for South Australia and $4,500 for Victoria and Queensland.
Offer Wont Last
Mr Gibbins said practices should act quickly to secure the new training and jobs initiative.
“If an employer wants to access this support for the Certificate IV with ACOD, the first step is to have the employee register ASAP with us via the ACOD website. This is urgent because only then can the traineeship contract be drawn up to be signed, and then the traineeship can commence and the funding is secured.”
There is no cancellation fee if the practice or the employee withdraws later.
“Once registered, ACOD will prepare the traineeship contract and the student’s enrolment will be approved, allowing them to immediately commence study, access the ACOD learning site, the learning materials, recorded lectures and live interactive webinars. At this time we will also dispatch their text books.”
To register an employee for the Certificate IV Optical Dispensing visit: www.acod.edu.au/current-courses or contact ACOD Directors James Gibbins (AUS) 0425 278 227 or Chedy Kalach (AUS) 0416 095 263.
For more information about the government announcement visit: docs.employment.gov.au/system/files/doc/other/bac-questions-answers.pdf