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RBC TALENT HUB

WAGE SUBSIDY

OVERVIEW


The RBC Talent Fund is a great way for students to gain entrepreneurial skills and have direct experience in a company’s everyday operations by working at a start-up in the HRM. The RBC Talent Fund wage subsidy helps entrepreneurial led companies based in the HRM area hire SMU students. In partnership with the SMU Co-operative Education Office, the program can help grow your business by adding bright young talent to your team.

 

RBC Talent Fund Provides:

 

  • A wage subsidy that can cover up to $3,412 per hire, broken down as 50% of the wage, up to $7.50/hour for 13 weeks
  • Training and mentoring for participants
  • Advice and monitoring throughout the program to ensure placement success
  • Assistance with job posting and shortlisting of candidates, if required

Employer Requirements:

 

  • Company must be in its early stage of development and located in HRM
  • Provide a 13-week work term of 35 hours per week
  • Must provide a minimum wage of $15/hr
  • The hire must be a Saint Mary’s University Co-operative Education Student (undergraduate)
  • Coverage of MERCs (mandatory employment related costs)
  • Complete check in reports and allow for a site visit, if required
  • Allocate student’s time for up to two days of paid training

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