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How Far Will Your Wage Subsidy Go? Ignite Hourly Estimate Calculations for 2019-20

Ignite Wage Subsidy Funding Details

Congratulations on being approved for Ignite funding! Student salaries will be paid from the departmental budget and will be reimbursed a wage subsidy of up to $2000 for a two-term (Fall & Winter) position, or $1,000 for a one term (Fall or Winter) position. Review your approval email to confirm what term(s) and position(s) you were approved for. The reimbursement will occur in two installments: one in February 2020 and another in May 2020 if applicable. The installment in May will be reimbursed before year end closes so that it may be allocated to your 2019-2020 budget.

You can set your own wages, but all positions must pay at least minimum wage. Below are approximate calculations of how many hours a student can work per term, depending on the wage you choose to pay them.

Estimated Number of Hours Covered by the Subsidy**

Hours Per Term: Wages, Vacation Pay and Holiday Pay ONLY 

The amounts below represent how many hours $1000 will cover of hourly wage, vacation pay, and holiday pay. In these scenarios, additional payroll costs (EI, CPP, EHT and WSIB) of approx. 6.72% would need to be absorbed by the departmental budget:

  • If you pay $14.00 per hour, you can expect to cover 67 hours of work per term
  • If you pay $15.00 per hour, you can expect to cover 63 hours of work per term
  • If you pay $16.00 per hour, you can expect to cover 59 hours of work per term
  • If you pay $17.00 per hour, you can expect to cover 55 hours of work per term
  • If you pay $18.00 per hour, you can expect to cover 52 hours of work per term

Hours Per Term: Wages, Vacation Pay, Holiday Pay and Add'l Payroll Costs INCLUDED

The amounts below represent a conservative estimate of how many hours $1000 will cover and includes approximate costs associated with EI, CPP, EHT and WSIB to minimize affect on departmental budget.

  • If you pay $14.00 per hour, you can expect to cover 63 hours of work per term
  • If you pay $15.00 per hour, you can expect to cover 59 hours of work per term
  • If you pay $16.00 per hour, you can expect to cover 55 hours of work per term
  • If you pay $17.00 per hour, you can expect to cover 52 hours of work per term
  • If you pay $18.00 per hour, you can expect to cover 49 hours of work per term

** Please note:

  • All calcuations are estimates only. Any hours worked or wages paid in excess of the wage subsidy funding will be the responsibility of your department.
  • If you were funded for $2,000 for a two-term position, you do not have to keep the hours balanced between the two terms -- you will be reimbursed for the total amount you spend in both terms up to a maxiumum of $2,000.
  • If your departmental budget allows, you may choose to have the student work more than the subsidy covers. If you spend more than you were subsidized for, you will be reimbursed for the $1,000 or $2,000 you were allocated and the rest of the the related expense will remain the responsibility of your department. 
  • The above calculations assume the student will earn a total of 1-2 hours of holiday pay for the public holidays in each term (Fall: Thanksgiving, Christmas Day and Boxing Day, Winter: New Year's Day, Family Day, Good Friday). Actual hours of holiday pay may vary and can be calculated by adding up the number of hours worked in the four weeks leading up to the public holiday and dividing by 20. For example: if your student works an average of 5 hours each week for the four weeks leading up to Thanksgiving, they will end up getting paid 1 hour of holiday pay for that day. If they work a total of 40 hours in the four weeks leading up to Christmas Day and Boxing Day, they will get paid 2 hours for each holiday.