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The Magnet Student Work Placement Program

December 31, 2023

Value

50% of the wages (to a maximum of $5,000) for each net new placement. 70% of the wages (to a maximum of $7,000) for each net new placement for under-represented groups including women in STEM, Indigenous students, newcomers, and persons with disabilities, visible minority as well as first-year students.

Description

The Magnet Student Work Placement Program (SWPP) brings together employers, students, and post-secondary school stakeholders to create quality work-integrated learning (WIL) opportunities.

The program provides employers with wage subsidies to hire post-secondary students for paid work experiences. Students in turn benefit with quality work experience so they can secure employment in their chosen fields of study.

Eligible Applicants

Employers must be:

  • A Registered, Canadian business or not-for-profit;
  • Willing to provide a quality work-integrated learning experience to a Post Secondary student;
  • Committed to paying the student for the role, and have the financial capacity to pay the student for the duration of the placement in full (the wage subsidy will be administered after receiving all supporting documentation,  at the end of the placement);
  • Compliant with all federal and provincial human rights and labour legislation, regulations, and any other relevant standards including the Occupational Health and Safety Act and the Employment Standards Act;
  • Where legally required, responsible for Workplace Safety and Insurance Board (WSIB) or alternate workplace insurance coverage;

Ineligible Employers include (but are not limited to):

  • Federal, Provincial, Territorial and Municipal Government
  • Hospitals and public long-term care facilities
  • Crown Corporations
  • Post-Secondary Institutions (PSIs)
  • Financial institutions
  • Non-secular institutions
  • Please note that this list may not be comprehensive, placement eligibility is determined through the application process.

Students must be:

  • Registered as a domestic student in a recognized post-secondary institution.
  • Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act.
  • Legally entitled to work in Canada in accordance with relevant provincial or territorial legislation and regulations. International students are not eligible.
  • Undertaking a placement that is recognized as work-integrated learning in connection with a course, degree, certificate, diploma, or other recognized program offered by the institution. The placement can be required or optional, for credit or not for credit.
  • In a full or part-time program from any program of study.

Eligible Expenses

The program is delivered by a range of recognized associations and organizations who represent key industries and sectors in Canada. Together, they partner with colleges, universities, polytechnics and CEGEPs to:

  • Provide wage subsidies to employers that offer quality student work placements.
  • Create recruitment opportunities to match students to the right placements.
  • Convene educators and employers to help align PSE curricula to the skills needs of industry.

Deadline Date

Magnet is no longer accepting new applications for the Summer 2024 Student Work Placement Program and Winter 2024 term due to funding constraints.

Contact

Contact Name: Magnet

E-mail Address: swpp@magnetnetwork.ca

Website: https://swpprogram.ca/

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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