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Targeted Financial Incentives

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Targeted Financial Incentives

Targeted Financial Incentives  

Mildura Senior College is continuing to grow, and we are seeking dynamic educators to join our team.

Applicants are welcome to speak confidentially with our Principal, Belinda Hudak, if interested in more information.

Positions with Targeted Financial Incentives (TFI) program includes incentive payments. 

Payments are only applicable and payable if the successful candidate meets the applicable eligibility criteria as noted below.

Payments and support on offer, subject to eligibility criteria:

1.       A commencement incentive payment (pro-rata for positions less than full- time) to the amount of:

1.       $25,000 (before-tax) if the position is for a school located within `Inner Regional Australia (Vic.)‘, per Australian Bureau of Statistics, ASGS Edition 3 Remoteness Areas, or

2.       $50,000 (before-tax) if the position is for a school located within `Outer Regional Australia (Vic.)‘ or `Remote Australia (Vic.)‘, per Australian Bureau of Statistics, ASGS Edition 3 Remoteness Areas.

2.       $10,000 (before-tax) annual retention payments (pro-rata based on 1.0 FTE), at the conclusion of the second, third and fourth years of employment, for a total of up to $30,000 (before-tax). Each retention payment is subject to successful completion of employment milestones.

 

Eligibility for Targeted Financial Incentive (TFI) program payments:

1.       The successful candidate must be a new employee to this school.

2.       The successful candidate is committing to a minimum of 2 years of employment at this school.

3.       The successful candidate must not have previously received $50,000 (before-tax), or more, in commencement TFI payments within the last 5 years:

•       Where the successful candidate has previously received commencement TFI payments totalling less than $50,000 (before-tax), an amount of up to $50,000 (before-tax), minus the total amount of commencement TFI payments previously received, may be offered provided other criteria is met.

4.       The successful candidate meets the requirements for relocation (e.g.

ordinarily resides at least 1 hour from this school at the time of application), as outlined within ‘Travel and Personal Expenses – Teaching Service‘.

5.       The successful candidate does not at present ordinarily reside within ` Outer Regional Australia (Vic.)‘ or `Remote Australia (Vic.)‘, per Australian Bureau of Statistics, ASGS Edition 3 Remoteness Areas.

6.       Only applicable for positions attracting a $25,000 (before-tax) commencement incentive payment: The successful candidate will also not at present ordinarily reside within `Inner Regional Australia (Vic.)‘,

per Australian Bureau of Statistics, ASGS Edition 3 Remoteness Areas.

 

For more information on Australian Bureau of Statistics, ASGS Edition 3 Remoteness  Areas area classifications, or to review a particular school or residential address, refer to ABS Maps, via Australian Bureau of Statistics (select filter ‘2021 Remoteness Area’).