RBC Talent Fund
Are you looking to grow your team?
This program 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 $3,412.50 per hire
- Assistance with job posting and short listing of candidates if required
- Training and mentoring for participants to enhance their work experience
- Advice and monitoring throughout the program to ensure participants and employers are receiving the best possible experience
* Subsidy is based on a $15/hr wage and 35 hour work week
* Subsidy will provide 50% of the wage up to $7.50 an hour, for 13 weeks
Employer Requirements
- The company must be in its early stage of development and be located in the Halifax Regional Municipality
- Must hire a Saint Mary’s University Undergraduate C0-Operative Education Student
- Provide a minimum of $15/hr wage to the new hire
- Coverage of MERC (mandatory employment related costs) – CPP, EI, Vacation Pay
- Assign an organization supervisor to act as a mentor for the participant
- Allocate student’s time for up to two days of paid training through the program during their placement where required
- To receive payment, employers can submit monthly invoices or one at the end of the term (average payment turnaround time is 15 days)
Employer Application
For more information, please contact talenthub@smu.ca
The program is made possible with support from RBC Foundation https://news.smu.ca/news
