Funding and Support for Management Co-op Employers

2021/22 Recruitment FAQ for Co-op Employers

Last updated Tuesday, October 19 at 4:40pm (Eastern)
 

As all Canadians implement measures to curb the transmission of the Coronavirus (COVID-19), we empathize with companies having to reassess their operations for business continuity purposes and how that could impact recruitment programs.

Our team is committed to supporting your efforts to maintain and boost your employment brand, ensuring that the University of Toronto students you hire for Fall 2021 and Winter 2022 are responsive to your organization's needs. 

For all Management Co-op employers, this means:

  • Flexible start dates and working arrangements (e.g. telecommuting) are encouraged where feasible.
    • In your discussions with students, we would greatly appreciate your support not only by enabling them to feel safe at work during this period, but also understanding there may be health circumstances that require them to remain at home. We have encouraged our students to proactively work through solutions in collaboration with their managers (please refer to our Coronavirus FAQ for students). 
  • Additional relief and support for your communications efforts and onboarding programs, including virtual orientation.
  • New opportunities to launch campus recruitment through innovative forms of Work-Integrated Learning. Contact our team to explore your options. 

 

 

 

 

Please refer to our FAQ for Management Co-op employers below as well as links to additional resources.

 

What financial incentives are available to maintain and/or increase my student recruitment?

There are many funding opportunities, including programs specifically related to COVID-19, available to Canadian employers of all sizes: 

  • The Co-operative Education Tax Credit — Corporations can claim 25% of eligible expenditures while small businesses can claim 30%, up to a maximum credit of $3,000 per work placement. Learn more.
  • The Canada Emergency Wage Subsidy (CEWS) — The CEWS provides a wage subsidy to help eligible employers prevent further job losses, re-hire workers previously laid off as a result of COVID-19, and to better position Canadian companies to resume normal operations following the crisis. Learn more.
  • The Canada Summer Jobs Program — The Government of Canada introduced temporary flexibilities to the Canada Summer Jobs Program allowing eligible employers (both private and public sector) to receive a wage subsidy reimbursement of up to 75% of the provincial or territorial minimum hourly wage, as well as the option to extend the end date for employment (including part time) to February 26, 2022. The call for applications closed on February 3, 2021. Learn more.
  • Mitacs Accelerate — Solve your research challenges with academic expertise, leveraged funding, and one-to-one support from Mitacs (a national not-for-profit organization that has designed and delivered research and training programs in Canada for 20 years). Internships start at four months and can scale up as much as you need. Your financial contribution starts at $7,500. Learn more.
  • National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) — The Youth Employment Program offers financial assistance to offset the cost of hiring young talent to work on projects with R&D, engineering, multimedia, or market analysis components or to help develop a new product or process. Learn more.
  • The Canada Emergency Business Account (CEBA) — Provides interest-free loans of up to $60,000 to small businesses and not-for-profits to help cover their operating costs during a period where their revenues have been temporarily reduced. Contact your financial institution to apply for the CEBA loan. Learn more.
  • Temporary Wage Subsidy for Employers — A three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency. Learn more.
  • Work-Sharing Agreements — The Government of Canada has introduced temporary special measures that extend the maximum duration from 38 weeks to 76 weeks. Learn more.
  • Canada’s COVID-19 Economic Response Plan — A host of supports for individuals facing hardship as a result of the Coronavirus pandemic. Learn more
     

What virtual/online recruitment options does Management Co-op offer employers?

Our team is here to help you fulfill your hiring needs by leveraging virtual/online tactics that will connect you with the best candidates at the University of Toronto.

  • To post a co-op role or schedule interviews, simply email the job description to mgmtcoopjobs.utsc@utoronto.ca and a member of our team will respond as soon as possible. Please indicate if the successful candidate will be expected to work from home (i.e. telecommute), or an alternative arrangement, during the COVID-19 response period.
  • Interviews, site visits, and meetings can continue in compliance with your company’s policies and scheduling needs. While the University of Toronto has decided to postpone all in-person events until further notice, we have full virtual capability to offer expanded client services for on-campus recruitment, including:
    • Online video interviews via Zoom, MS Teams, or other platforms.
    • Live chats.
    • Virtual career fairs or info sessions for up to 250 participants anywhere in the world.
    • Virtual workshops and career panels.
    • Ten Thousand Coffees, to connect for coffee chats online with students seeking mentorship and coaching in your professional field.
       

Please contact us today to build out a 2021/22 recruitment plan that is customized to your firm's individual needs: