December 1st, 2015
Internships have been a regular part of the employment world for decades, but have proven of increasingly significant importance for businesses operating today. During economic slumps, companies often rely on interns to make up the labour difference when full-time hiring is at a standstill. The Environmental Youth Corps (EYC) Internship Program is an example of government funding for business that makes this sort of employment more financially feasible for companies involved in the crucial fields of science, technology, engineering, and mathematics.
Helping Young Graduates Enter the Workforce
Internships provide work experience that often proves invaluable and gives potential candidates a significant leg up when applying for available positions. Full time jobs are difficult to find in today’s market for those fresh out of school and short on practical experience. As a result, young people looking to make their mark are increasingly relying on internships. One of the primary benefits of the EYC program is that the successful applicant receives both the benefits that come from internship and a full-time position with that organization.
Funded through Environment Canada’s Science Horizons Program, the EYC program is a long-standing initiative that celebrated its 20th anniversary in 2015. It provides eligible employers with 33% of an intern’s salary up to a maximum of $12,000 per year. This allows for the creation of more than 100 jobs annually and a total of $800,000 in wage subsidies. More than 2,500 careers in environmental industries have resulted to date because of this government funding for business incentive.
Companies participating in the program are required to be Canadian owned or a Canadian subsidiary. The 12-month internship position must lead to a permanent, full-time, environment-related role in the fields of science, technology, engineering, or mathematics.
Principal among the eligibility credentials for potential interns is that they must be post-secondary graduates entitled to work in Canada. They must currently be unemployed or underemployed and also have the intention of launching a career in one of the aforementioned fields. The organization in question cannot already employ the candidate in another capacity and the individual may not be over the age of 30.
Once candidates have applied and received pre-approval for the EYC wage subsidy, they can seek out eligible companies. They are also able to access valuable business skill training courses and webinars available as part of the program through ECO Academy. Designed specifically for employees of environmental firms, these include Consulting 101, Navigating Canadian Environmental Law, Project Management Basics, Technical Writing, Professional Communications, Fundamentals of Waste Incineration, and Sustainability Reporting.
Internships represent an employment arrangement that is beneficial for both the worker and the company engaging them. An example of government funding for business that makes this financially feasible for organizations, The Environmental Youth Corps (EYC) Internship Program allows eligible individuals seeking meaningful jobs in the environmental sector to get a leg up on the competition. Organizations benefit because they receive an enthusiastic candidate they can train and evaluate at reduced cost before engaging their services on a permanent basis.