Employer incentives for hiring students

Hire a student! Today’s youth bring energy, technological savvy and a global perspective to our workplaces. If you are considering hiring a youth or student for the summer, or longer, there are also great financial incentives available!

$2-per-hour Summer Incentive

If you are a private, not-for-profit or broader public sector employer offering a summer job in Ontario to students age 15 to 30 who are returning to school in the fall, you could qualify for a $2-per-hour hiring incentive.

This incentive subsidizes an employer from April 1 to September 30.

Where to apply

 

Refundable tax credits

There are provincial and federal tax credits available to employers who hire and train apprentices in skilled trades or recruit eligible university or college students enrolled in a recognized post-secondary program.

Ontario Public Service summer employment students

Co-operative education tax credit

Your business may be eligible for this tax credit if you hire a student enrolled in a co-operative education program at a recognized Ontario university or college. In most cases, you may:

  • hire a student for a minimum of 10 weeks, up to a maximum of four months
  • apply for a refund up to $3,000 per placement
The Apprentice

Apprenticeship training tax credit

Your Ontario business may be eligible for a tax credit up to $10,000 per year, to hire and train an apprentice in certain skilled trades. The maximum credit amount is $40,000 over a 48 month period. Eligible expenditures for your qualified apprenticeships include:

  • salaries and wages (including taxable benefits)
  • fees paid to an employment agency for services performed by an apprentice

 

Updated: November 14, 2014