Career Ready Program

By mmuise
Description:

Career Ready is TECHNATION’s wage subsidy program which supports businesses by financing their decision to hire a student for a work-term placement. This in turn creates a rewarding opportunity for students to apply their learning in real-world settings and puts them on a path to a bright career.


Comments on Funding:

Funding is a wage subsidy of:
- 50% (to a maximum of $5000.00) of a student’s pay;
- 70% (to a maximum of $7000.00) for employers hiring students from under-represented groups.

Deadline: Currently accepting applications
Eligibility:

Employer applicants must:

  • be registered Canadian businesses or organizations;
  • not be post secondary institutions, large financial sector employers, or any federal, provincial, or municipal group;
  • have the financial capacity to hire a student for a part or full time work term, pay them consistently and provide a meaningful work experience;
  • be willing to employ a student in a tech-immersive role. Tech and non-tech focused organizations are encouraged to apply;
  • follow the Net New rule.

    Student applicants must:
  • be either a Canadian Citizen, permanent resident or a protected person defined by the Immigration and Refugee Protection Act;
  • be a currently enrolled student in a Canadian post-secondary institution program;
  • not be an international student with a work permit;
  • not be an immediate family member of the employer;
  • be from under-represented groups:
    a) Women studying Science, Technology, Engineering, Maths (STEM);
    b) Indigenous students;
    c) Visible minorities;
    d) New Canadians (within 5 years);
    e) Persons with disabilities;
    f) Students in their first year of study.
Application Steps:

Applicants must:

1. complete their online application;

2. receive approval notification within just 5 – 10 business days.

Documentation Needed:

Employer applicants must provide:
1. a student to apply with;
2. a job description;
3. salary information;
4. historical information on the number of students that have been employed by applicants’ company or department in recent years;
5. an approximate number of students their company might or intend to hire over the next fiscal year.

Students will need the following information before starting their application:
1. proof of enrollment in a Canadian post-secondary institution (unofficial transcript is sufficient);
2. an updated resume.

Other Things to Note:

1. This project is funded by the Government of Canada’s Student Work Placement Program.
2. Net new is determined by subtracting the number of students the company is intending to hire (forecast) in the current fiscal year, including those already hired, from the number of students hired by applicant’s company in a fiscal year prior to first participating in this program (baseline). For example, if the company hired 3 students in the fiscal year (April 1 to March 31) prior to applying for funding, 3 is their baseline. Then, the company must intend to hire at least 4 students in their forecast of hires within that fiscal year to qualify for 1 subsidy to support the increase.

About the author
mmuise