Employers reimbursed up to $10,000 for employee training costs
Employers still have a chance to apply for the Re-Open Saskatchewan Training Subsidy (RSTS).
The province has announced the application deadline has been extended from Dec. 31, 2020 to March 31, 2021.
“This program has been another important tool to support Saskatchewan businesses as they work through the global COVID-19 pandemic,” says Jereny Harrison, minister of immigration and career training. “With significant uptake to this point, we want to extend the deadline to give more businesses the opportunity to access this program as we continue with our economic recovery efforts.”
The temporary training subsidy reimburses eligible private sector employers 100 per cent of employee training costs up to $10,000 per business, which will help to re-open businesses safely. Approved training must begin within four months of the RSTS application date and it must be completed within a maximum of four months.
Younger workers are suffering disproportionately amid the COVID-19 pandemic compared to older workers, according to a report from the International Labour Organization (ILO) released in May.
Since its launch date on June 18, 2020, the RSTS has approved more than 600 applications and committed $2.5 million in support to affected Saskatchewan businesses, according to the government.
“This program has been an important tool in supporting Saskatchewan businesses as they work through the COVID-19 pandemic,” tweeted Premier Scott Moe.