The benefits of engaging mature aged employees now include a financial incentive, making recruiting mature aged workers more attractive to all businesses.

On Monday 14th January 2013, Kate Ellis, the Minister for Employment and Participation, launched the Governments Experience + Jobs Bonus initiative. This program aims to entice employers to engage mature aged job seekers and provides bonuses each of $1,000, up to $2,500 per year until 2016.

More than just wisdom

At the launch of the initiative Minister Ellis encouraged all businesses to take advantage of the many benefits that working with mature aged employees offers. Highlighting that in addition to bringing a wealth of experience and wisdom to a business, mature aged workers “can save their employers $2,000 a year on average compared to their younger counterparts they are more reliable, loyal and provide a better return on investment”.

Accessing the Bonus

All employers, of any business size and configuration, can access this mature age bonus. To be eligible a business must simply provide ongoing employment to a registered Job Seeker, who is over the age of 50 years. Applications for the bonus can be made online at the Department of Education, Employment and Workplace Relations via www.deewr.gov.au/experience-jobs-bonus, or by calling 1800 805 260.

Here to Help

ACAPMA Workplace Relations Professionals are available to assist members on 1300 160 270 or you can email elishar@acapma.com.au

ACAPMA Members can access resources and can call on the advice and support of the ACAPMAlliance Workplace Relations Professionals on 1300 160 270.

HR Highlights are things to consider, implement and watch out for in your business.  They are provided as general advice and you should seek further advice on your situation by  calling 1300 160 270 and speaking to one of ACAPMA Workplace Relations Professionals its free for members. ACAPMA Membership is affordable at only $550 per year for a single site and valuable with sites gaining HR advice support and representation as well as a raft of other benefits and discounts.  Click here to learn more about ACAPMA Membership.

Elisha Radwanowski
BCom (HRM & IR)
Workplace Services
ACAPMA

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