What is the Magnet Student Work Placement Program?

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.

Employer applications are now being accepted.

Important Notice: Please note that due to the volume of applications currently being processed and funding availability, applications submitted and approved at this time may be added to a waitlist depending on the type of SWPP placement. Funding for additional placements is expected to be made available in the coming weeks. Magnet therefore encourages eligible employers to complete their applications in order to be pre-approved. Those on the waiting list will be given priority when new funding is released and will be notified of any changes in the status of their application by Magnet.

Canada

The project is funded by the Government of Canada’s Student Work Placement Program.

How the Program Works

The program is delivered by Magnet along with 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

Funding is limited and administered on a first-come, first-served basis wherein completed applications are prioritized in the order they are received.

Wage Subsidy Overview

Program funding reimburses  eligible employers for 75% of wages (to a maximum of $7,500) for each placement.

Program Eligibility

Employers

  • Registered Canadian businesses, not-for-profits, hospitals, long-term care facilities and post-secondary institutions (universities, colleges, and polytechnics).
  • Federal, Provincial, Territorial and Municipal Government does not qualify.
  • Are committed to paying the student for the role.
  • Are willing to provide a quality learning experience to a PSE student.
  • Has the financial capacity to pay the student for the duration of the placement in full (the wage subsidy will be administered after receiving the final pay stub at the end of the placement).

The Government of Canada has also introduced the following changes to the program in response to COVID-19 and its impact on operating costs and timelines for businesses:

  • Employers will have the flexibility to postpone placement start dates to avoid rescinding placements.
  • Employers will be able to apply for funding before they finalize their selection of students to hire.
  • Students will be able to work from home.
  • Post-secondary institutions (universities, colleges and polytechnics) will be able to be the employer of record to offer meaningful placements to students.
  • Hospitals and long-term care facilities are also eligible employers of record.
  • 1500 placements have been reserved for employers in Canada’s health care sector.

*Changes in effect until March 31st, 2021.

Magnet will continue to accept applications for funding from employers. To start your application, visit magnet-swpp.smapply.ca.

Following a time of downturn, SWPP can be valuable in helping employers boost their capacity with young talent while offsetting costs.

If you have any questions or concerns, you can also reach us at swpp@magnet.today.

Students

  • Registered as a domestic student in a recognized Canadian post-secondary institution.
  • Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act. International students with a work permit are not eligible.
  • Have a required Work-Integrated Learning component (e.g. co-op, internship, etc.) in their program of study or course during the semester of the application, which their post-secondary institution recognizes as being fulfilled with the placement at your organization.
  • Can be in a full or part-time program and from any program of study (i.e. STEM, business, arts, etc).

Placements

  • Full-time or part-time positions.
  • Stacking with provincial tax credits is allowed, but it’s the employer’s responsibility to follow their provincial tax credit guidelines and consult a tax professional. Please note, wage subsidy funds cannot be counted toward any tax credits, only actual paid wages.
  • Partial government funds from provincial/territorial/municipal sources are permitted but only funds from non-governmental sources can be subsidized under this program (for example, a position paid with 60% provincial grant funding is only eligible for a subsidy on the 40% of the non-governmental funds from the employer).
  • A placement cannot be funded by this program and another source of federal funding, such as Canada Summer Jobs, Canada Emergency Wage Subsidy (CEWS), or any other delivery partner of the Student Work Placement Program (full list available here).

Contact us for more information

For employers interested in participating in the program, you...

Have hired a student or you’re about to hire one
Can meet the eligibility criteria below
Submit an employer application

Contact us for more information

How the Program Works

The program is delivered by Magnet along with 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

Funding is limited and administered on a first-come, first-served basis wherein completed applications are prioritized in the order they are received.

Wage Subsidy Overview

All interested students will have access to placements – there are no fees, preferred status, or Memorandum of Understanding with institutions is required for their participation.

Program funding covers eligible employers for 75% of wages (to a maximum of $7,500) for each placement.

Program Eligibility

Employers

  • Registered Canadian businesses, not-for-profits, hospitals, long-term care facilities and post-secondary institutions (universities, colleges, and polytechnics).
  • Federal, Provincial, Territorial and Municipal Government does not qualify.
  • Are committed to paying the student for the role.
  • Are willing to provide a quality learning experience to a PSE student.

 

Students

  • 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.
  • Must have a work-integrated learning component within their study plan.
  • Can be in a full- or part-time program.
  • Can be from any program of study (i.e. STEM, business, arts, etc).

 

Placements

  • Full-time or part-time positions.
  • Stacking with provincial tax credits is allowed, but it’s the employer’s responsibility to follow their provincial tax credit guidelines and consult a tax professional. Please note, wage subsidy funds cannot be counted toward any tax credits, only actual paid wages.
  • Partial government funds from provincial/territorial/municipal sources are permitted but only funds from non-governmental sources can be subsidized under this program (for example, a position paid with 60% provincial grant funding is only eligible for a subsidy on the 40% of the non-governmental funds from the employer).
  • A placement cannot be funded by this program and another source of federal funding, such as Canada Summer Jobs, Canada Emergency Wage Subsidy (CEWS), or any other delivery partner of the Student Work Placement Program (full list available here).

Contact us for more information

Have students eligible for funding?

Contact us today to discuss program funding for your students and employer partners.

What is a Wage Subsidy?

A wage subsidy provides financial reimbursement to employers who hire eligible job seekers.

What is WIL (work-integrated learning)?

As defined by Co-operative Education and Work-Integrated Learning Canada, work-integrated learning (WIL) is a model and process of curricular experiential education which formally and intentionally integrates a student’s academic studies within a workplace or practice setting.

Work Integrated learning opportunities that are eligible for Student Work Placement wage subsidies include, but are not limited to:

  • mentorship programs
  • co-op placements
  • practicums
  • applied research projects; and
  • internships

WIL experiences include an engaged partnership of at least: an academic institution, a host organization and a student. WIL can occur at the course or program level and includes the development of learning outcomes related to employability, personal agency and life-long learning.

How are First Year Students defined?

First Year Students are defined as students registered in the first year of their program at a recognized post-secondary institution.

Who are under-represented groups?

Students from under-represented groups include:

Women in STEM: refers to a woman registered and studying in science, technology, engineering, and mathematics (STEM).

Indigenous People: refers to people who reported identifying with at least one Aboriginal group, that is, First Nations, Métis or Inuit, and/or those who reported being a Treaty Indian or a Registered Indian as defined by the Indian Act of Canada, and/or those who reported they were members of an Indian band or First Nation.

Persons with disabilities: refers to an individual who has a difficulty or impairment due to a long-term condition or health problem and/or experiences a limitation in their daily activities.

Newcomer: refers to immigrants who immigrated to Canada within the last five years.

Learn more about the Student Work Placement wage subsidy program

Employer Application