Wage Assistance for Small Business
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With the NEXT Apprenticeship Program, we are able to offset the talent crunch by providing a continuous source of trained student talent, while providing up to $4,800 in matching funds per student hire for small businesses with fewer than 50 employees.
Traditional skills-first recruiting can be summarized as:
- Post a job.
- Hire a recruiter.
- Return to step one.
It creates escalating costs in the form of time and money, the two resources tech companies - especially small businesses - can't afford to waste. A larger corporation may be able to absorb the cost of a bad hire; a small business can’t.
With the NEXT Apprenticeship Program, we are able to offset the talent crunch by providing a continuous source of trained student talent, while providing up to $4,800 per student hire for businesses with fewer than 50 employees. This allows for cost savings across the board. All that is needed for a small business to take advantage of this funding is to:
- Go through a brief online training on how to work with students (beginning November 1, 2019)
- Hire a student as a W2 employee
- Provide feedback on the student's performance
- Provide a safe work environment
- Match all funds provided for student wages