To support student work, the Student Work Placement Program (SWPP) and InnovateBC have implemented changes to their process and eligibility. SWPP has additional flexibility on wage subsidy requirements to support a wider range of employers, including post-secondary institutions. InnovateBC is offering adaptations to grant eligibility requirements and grant stacking opportunities for employers in the province of British Columbia.
Employers determine and fund the salary for a UBC Science Co-op student, though our office can help with salary recommendations.
Figures represented in the PDF file below are not salaries set by our office, but merely a compilation of salaries provided by companies/organizations who have hired UBC Co-op students on work terms. Approximately 75 per cent of UBC Science Co-op placements are in BC’s Lower Mainland.
- Figures are gross monthly salaries and are in Canadian dollars.
- Generally, salaries for student placements are lower than those for an individual who has completed their education but is doing a comparable position in industry.
- Click here for minimum wages in BC. Click here for minimum wages in other provinces.
- Salaries across Canada and the world vary by location.
Sources of Funding
There are many sources of funding available to various types of employers through grants, awards and workplace tax rebates. Contact the UBC Science Co-op office to learn about which funding options might be available to you:
SWPP (Student Work Placement Program) Co-op Subsidy
On September 5th, 2017, the Government of Canada announced that it will invest $73-million over four years (2017 to 2021) to support post-secondary co-op student work placements with industry employers and subsidize salaries for co-op students who meet eligibility requirements.
Industrial Research Assistance Program
To learn more about this subsidy, please call to find an IRAP regional office near you or visit the IRAP homepage. Your regional IRAP office representative will consult with you and assess whether your organization is eligible.
Pacific Institute for Climate Solutions
PICS Internships provide support for the hiring of university students to work on topics that align with one of our five research themes. Internships serve to enhance the students’ knowledge and expertise in the area of climate change, as well as to integrate that knowledge into practice. $10,000 in internship funding per four-month placement is available to provincial and local governments and BC-based NGOs. In addition, PICS will match private sector and crown corporation contributions to a maximum of $6,000 for four-month internship placements in areas of interest to PICS.
Canada Summer Jobs
Funding available to approved employers for up to 50% of the minimum hourly wage for private and public sector companies, and up to 100% of the minimum hourly wage for not-for-profit organizations.
Scientific Research and Experimental Development Tax Credit
Provides a 10 percent tax credit to qualifying corporations--claimed when filing the T2 Corporation Income Tax Return.
Green Spaces Funding
Funding available to subsidize wage for co-op positions primarily related to the Environment, Climate Change and Sustainable Development. Position must be at least 12 weeks in duration to qualify as co-op role.