Main Objective
Support barriered youth while leveraging industry partnerships and employers to place and sustain individuals in meaningful jobs within Canada’s bio-economy.
The project objectives are to:
- Facilitate the transition of barriered youth into the labour market;
- Encourage bio-economy employers to adopt a diverse and inclusive work culture;
- Demonstrate federal leadership by investing in skills required to meet the needs of the knowledge economy;
- Help youth achieve the work experience, knowledge, skills and information they need to make a successful transition to the workplace.
Timeline:
September 2019 to October 2020
Industry need:
In its 2013 study, BioTalent Canada also discovered the industry showed a decline in the percentage of under-represented talent that it hired between 2008 and 2013. Bio-economy employers hired:
- 11.5% less women
- 13.2% less Indigenous persons
- 14.3% less persons with disabilities
- 6.7% less newcomers to Canada
BioTalent Canada has found that one of the most effective ways to integrate marginalized and under-represented demographic groups into the bio-economy labour market is through wage subsidy programming. It has successfully placed over 2000 job seekers into the bio-economy through wage subsidy programming since 2005, most of which are from under-represented groups. Furthermore, with high retention rates into the private sector, those subsidies quickly paid for themselves through recovered tax dollars, EI and CPP contributions once the private sector takes on the full cost of the employees.
Wage subsidies in combination with other supports such as BioTalent Canada’s Bioskills Recognition Program for industry skills validation and on-the-job mentors, will help barriered youth at risk of disconnecting from the workforce, transition and remain in the bio-economy.
Program description:
To encourage employers to hire barriered youth, the “Employing Barriered Youth in Canada’s Bio-economy Program” will minimize perceived risk to small and medium sized biotechnology companies by covering the cost of a youth’s salary by 50% to a maximum $20,000 for a 3 to 9-month period. For more information on eligibility and application information please see the Employer Application page.
Funded in part by Government of Canada’s Youth Employment Skills Strategy Program 