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Why employ mature age workers?

The Federal Government has announced that from July 1 2012 it will pay $1000 to businesses which employ someone over the age of 50 for at least 3 consecutive months.

Mature age workers bring a wealth of experience to your business. There are a range of tools and resources to help you attract and retain these skilled and experienced workers.

As Australia’s population ages there will be fewer people entering the workforce. This may mean it could be harder to find workers with experience in the coming years. Losing experienced staff to retirement can hurt your organisation. In addition to the costs of recruiting and training new staff, there is also the lost knowledge of your business and clients. The key to staying viable and successful is to develop policies now that will help you attract and keep skilled and experienced mature age workers.


SUPPORT FOR EMPLOYERS

Corporate Champions

Corporate Champions are employers who make a public commitment to move toward better practice in employing mature age people. Corporate Champions receive a package of tailored support to help them achieve the better practice standards outlined in the ‘Investing in Experience’ Employment Charter.

To express your interest in becoming a Corporate Champion, you can email CorporateChampions@deewr.gov.au.


Jobs Bonus
Funding of $10 million (over four years) has been committed under the Experience+ Jobs Bonus initiative for employers who offer a genuine, ongoing employment opportunity to eligible mature age job seekers.


There are a growing number of mature age people who want to stay in the workforce for longer. This means that there is a huge untapped resource available to employers. Jobs Bonuses of $1000 (GST exclusive) will be available for up to 2500 employers each financial year. This initiative will have a real impact in changing behaviour and make it easier for employers to benefit from the wealth of knowledge, experience and job ‘know how’ that mature age workers have developed over their careers.


Detailed eligibility, guidelines and the registration process will be finalised in August. The guidelines along with registration and claim forms for the Jobs Bonus will be published on the Experience+ website.
The guidelines will require that job seekers must be at least 50 years of age at the commencement of employment. The employment must commence on or after 1 July 2012 and must be ongoing. The job seeker must be unemployed and registered with a Jobs Service Australia (JSA) provider and not receiving any other wage support. The Jobs Bonus will be paid after the job seeker has been employed for at least 13 weeks and suitable proof of employment over that period has been provided.


Further details of relating to job seeker eligibility, position eligibility, and how to apply will be included in the Experience+ Jobs Bonus guidelines.
The Jobs Bonus will be delivered within a broader context of education and support for employers. Employers registered with DEEWR as Corporate Champions will receive priority access to the Jobs Bonus. The Government is committed to working with the business community to enable employers to benefit from the skills and experience that mature age workers have developed.

Further information is available from the Dept of Education, Employment and Workplace Relations website.


Author: Lynne Brook, Brook Personnel