Helping young job seekers – they have all the incentive they need
The Job Commitment Bonus is part of the Australian Government’s plan to boost workforce participation and productivity in Australia.
The Job Commitment Bonus will provide a payment of $2500 to eligible young Australians aged 18 to 30 who have been on Newstart Allowance or Youth Allowance (as a job seeker) for 12 months or more, if they find and keep a job and remain completely off welfare for a continuous period of 12 months.
Eligible young people will receive a further payment of $4000 if they remain in a job and off welfare for a continuous 24-month period. Eligible young people may undertake more than one job either at the same time or one after the other and still qualify for the Job Commitment Bonus however they will not be eligible for more than one Job Commitment Bonus for the same 12-month period.
The Job Commitment Bonus will provide long-term unemployed young Australians with a real incentive to get into paid work.
Claims for the Job Commitment Bonus must be made within 90 days after the end of the 12 and 24-month qualifying periods. The Department of Human Services will pay the Job Commitment Bonus directly to the job seeker at the end of the 12 and 24-month qualifying periods upon suitable confirmation that their work has been ongoing and they have not returned to income support.
Employing a young person can be a great way to get someone at ground level that will give you both enthusiasm and loyalty.
The information in this document, broadcast or communication is provided for general guidance only. It is not legal advice, and should not be used as a substitute for consultation with professional legal or other advisors. No warranty is given to the correctness of the information contained in this document, broadcast or communication or its suitability for use by you. To the fullest extent permitted by law, no liability is accepted by the publisher for any statement or opinion, or for an error or omission or for any loss or damage suffered as a result of reliance on or use by any person of any material in the document, broadcast or communication.
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