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.
Benefits of the Student Work Placement Program
The COVID-19 pandemic has significantly changed Canada’s social and economic landscape, leaving a significant impact on hiring capacity, operations, and business growth opportunities.
SWPP is an opportunity for employers of all sizes and industries to build a talent pipeline while offsetting costs.
Hiring a Student
Outcome Campus Connect is Canada’s largest online student recruitment tool. Employers using Magnet can use the Outcome Campus Connect functionality to send job postings to 85+ post-secondary institutions with a single posting.
Employers can target students based on region, school, and program of study, and recruit students from underrepresented groups.
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.
- 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.
Magnet is no longer accepting new applications for the Winter 2022 Student Work Placement Program. Magnet is one of 18 SWPP delivery partners across Canada. Magnet’s Outcome Campus Connect tool can connect you to an alternative delivery partner based on your industry and the availability of funding.
Magnet is no longer accepting new applications for the Summer 2022 Student Work Placement Program. Magnet is one of 18 SWPP delivery partners across Canada. Magnet’s Outcome Campus Connect tool can connect you to an alternative delivery partner based on your industry and the availability of funding.
Magnet is one of several partners across Canada who represent various industries. Magnet’s Outcome Campus Connect tool will connect eligible employers to an appropriate delivery partner based on availability of funding and industry, and direct you to the relevant application process. Outcome Campus Connect can be used to apply for subsidies from the following delivery partners:
Provides subsidies for placements or employers with a biotechnology or healthcare focus.Apply Now
Agriculture employers are encouraged to hire students from agriculture and non-agriculture programs. Subsidies of up to $7500 or 75% of wages are available.Apply Now
For employers hiring full-time students registered in a STEM or business program in aviation and aerospace.Apply Now
The program connects students to Canadian cultural sector employers and will support 150 placements through March 2022.Apply Now
Co-op positions related to the environment or environment project.Apply Now
Provides subsidies to employers in generation, transmission, and distribution of electricity.Apply Now
For employers across Canada’s manufacturing and related sub-sector and supply chain employers.Apply Now
Wage subsidies of up to $7,500 available per intern for Quebec businesses.Apply Now
Supports employers in hiring students in food science, business, engineering, and quality assurance.Apply Now
Magnet’s Program Eligibility
Program funding reimburses eligible employers for 75% of wages (to a maximum of $7,500)
- Registered, Canadian business or not-for-profit
- Post-secondary institutions (universities, colleges and polytechnics) will be able to be the employer of record to offer meaningful placements to students.
- Federal, Provincial, Territorial and Municipal Government does not qualify
- Financial institutions do not qualify
- 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
- 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.
- Graduate students (including Masters and PhD’s) are eligible.
- Can be in a full or part-time program
- Can be from any program of study
- Employers will be able to apply for funding before they finalize their selection of students to hire.
- Positions do not have to be net new
- Students will be able to work from home.
- 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. Wage subsidy funds cannot be counted toward any tax credits, only actual paid wages
- Placements can be partially funded by non-federal (provincial, municipal, territorial) government funds provided these funds and the funds from the SWPP together do not exceed 100% of the gross wage paid to the student during the placement
For employers that meet the respective eligibility criteriaStart your application today
For Schools that have students eligible for funding
Contact us today to discuss program funding for your students and employer partners.
Wage subsidies are available for mining employers to connect with students for work integrated learning placements.Apply Now
Available for employers hiring students in positions that are relevant to the digital economy.Apply Now
Registered Canadian businesses or nonprofits located anywhere in Canada may apply.Apply Now
Technation accepts applications from Canadians businesses and nonprofits who provide tech-focused work placement opportunities for students.Apply Now
Funding available for placements representing accommodations, food and beverage services, culinary, recreation, entertainment and culture, events, transportation and more.Apply Now
Trucking HR supports opportunities to increase job readiness of students in transportation, logistics and supply chain related programs.Apply Now
Canadian startups can access the next generation of talent and provide them with the skills they need to thrive.Apply Now
A wage subsidy provides financial reimbursement to employers who hire eligible job seekers.
The SWPP program is an economic development effort funded by the federal government to support the growth of Canadian businesses and nonprofits. Organizations who wish to participate must demonstrate a projected increase in the number of students hired in their “baseline year” in order to qualify. Net new is determined by subtracting the number of students hired by an employer in the first year prior to first participating in the Student Work Placement Program, from the number of students (not staff) the employer is intending to hire in the current fiscal year, including those already hired.
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
- applied research projects; and
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.Learn more about WIL
First Year Students are defined as students registered in the first year of their program at a recognized post-secondary institution.
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.
Visible Minorities: refers to persons, other than Aboriginal peoples, who are non-Caucasian in race or non-white in colour