Draft Ontario Works Enhanced Job Placement Program Budgets
11.3	Financial Incentives Budget
	Projected that 4.5% of avg caseload participates:
	3783 X 4.5 % = 170 participants
	Projected number participants placed:	170
	Projected average cost per participant:	2000
	Estimated annualized Placement Fees	$ 340,000
Note: It is recommended that a flat hourly rate be paid to employers. Fees paid will fluctuate
based on # of monthly hours and # of months Financial Incentives negotiated for.
	Estimated Results if flat rate of $3.00/hour adopted:
	1 month's participation = $3.00 hr. x 40 hrs. x 4.3 weeks = $516.00 avg fee
	Therefore projected average # of months paid per participant =
	$2000 / $516 = 3.88 months
11.4	Placement Services Component
	Projected number participants receiving external placement services:	170
	Projected average cost per participant:	$ 1,800
	Assumptions:
A)	170 Participants will be placed, of those particpants
	25% or 42 participants will be for 1 to 2 months
B)	Of the remaining 75% or 128 placed, these will be for 3 to 6 months
	Calculation of Placement Services Fees Payable
	(I) 25% disbursement at hiring for 170 participants
	(25% of $1800) x 170 participants = $ 450 x 170 =	$ 76,500
	'(ii) 25% of additional disbursement a three-months continuous employment
	for which 128 participants reach this milestone
	(25% of $1800) x 128 participants = $ 450 x 128 =	$ 57,600
	(iii) 50 % remaining disbursement for cases continously employed for
	six months (over an eight-month period in exceptional circumstances
	such as illness, temporary lay-off or injury).
	(50% of $1800) x 128 participants = $ 900 x 128 =	$ 115,200
	Estimated annualized Job Placement Services Budget	$ 249,300
	Bonus Incentive:
	Placement of 6 months for SARS who’s length of stay of Assistance
	exceeds 2 years
	Projected 2% of participants placed
	170 x 10 % =	17
	Incentive payment of	$ 600
	Total Projected Bonus Incentive	$ 10,200
	Total Estimated annualized Placement Services Incentives	$ 259,500