Are you missing out?
'$4,000 of Government Training incentives per eligible employee'
Only a small proportion of organisations realise they qualify for Government funded training incentives. Now you don’t have to pay for all your training.
The Government understands the nation’s competitive advantage is based on human capital, so a portion of government revenue is given back in training incentives. This covers up to 100% of training undertaken with funds of up to $4,000 per qualifying employee.
Click here for Government Funded Training flyer
Brainpower Training makes the process simple by:
- Assist you in sourcing funding
- organising your accredited training
- bundling additional business skills training at no extra cost.
This maximises the productivity of other members of your organisation who don’t qualify for Government incentives.
Simple example:
50 people in a business or department.
20 people are eligible for Government funding. The manager/owner designates ten of these people should benefit from training which will help strengthen the organisation. All are existing employees.
The Federal Government offers incentives for employees beginning, and again for completing, a nationally recognised training qualification.
In this example the incentivised training is in Frontline Management (Cert IV Business BSB41004).
Ten employees complete this training over a 12-24 month period.
In this example there is an addition five days of business skills training (up to 16 people per course - giving 80 training days) provided free. This enables the remaining 40 people to enhance their skills dramatically improving their overall productivity.
Return On Investment (ROI) - The bonus business skills training to other employees gives great benefits:
Time Management ROI
Just imagine. . . if you train 30 people in Time Management, then they each work 10% more efficiently, that extra productivity is equal to three full-time positions giving you perhaps a $150,000+ per year benefit.
Customer Service ROI
Did you know most businesses lose 50% of their customers every 5 years… and they don't tell you they are leaving?
Will 10% of YOUR customers leave you this year? Bottom-line: invest in Customer Service training, keep 10% of customers you will otherwise lose, save 10% of current annual turnover.
Three pools of funds available:
1) Existing Employees Incentive
Employed longer than 3 months full-time or 12 months part-time.
Employers are eligible for:
Standard Commencement Incentive ($1,500 ) 3 months from commencement.
Plus a Completion Incentive ($2,500), total $4,000.
With bundled 1/2 day business skills course for up to 16 people per existing employee enrolled.
2) New Employees Incentive
Employed less than 3 months full-time and 12 months part-time.
Employers are eligible for:
Standard Commencement Incentive ($1,500 ) 3 months from commencement.
Plus a Completion Incentive ($2,500), total $4,000.
With bundled 1 day business skills course for up to 16 people per new employee enrolled.
Must work an average of 15 hours per week.
Must not have a prior tertiary qualification in the same subject area completed in the last 7 years.
3) Additional Incentives
In many cases there are additional advantages with payroll tax and workers compensation incentives available.
Note different States have different incentives and criteria. Contact us for full eligibility conditions.
The employer benefits by:
- increased performance
- improved productivity
- higher profitability
- more motivated staff
- improved staff retention
- becoming an employer of choice.
The accredited employees benefit by:
- nationally recognised qualification
- job satisfaction
- promotion prospects
- up-to-date skills.
Next step:
Simply supply us with the full name, date of birth, start date, full / part-time (minimum 15 hours per week), job location (State) and current job title of each of the employees requiring training.
Once available funding in confirmed we can discuss the training needs, agenda, meet the employees and set the dates for both the accredited training and he bundled business skills workshops.
Information supplied is strictly confidential.
If you have any questions or you wish to discuss participating in Government funded training, contact us now. |
