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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.
Meta Dynamics makes the process easy by:
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Assist you in sourcing funding
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tailoring your accredited training to your business.
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 for Cert III or IV.
Plus a Completion Incentive ($2,500), total $4,000 for Cert III or IV.
2) New Employees Incentive
Employed less than 3 months full-time and 12 months part-time.
Employers are eligible for:
Standard Commencement Incentive up to $1,500 3 months from commencement .
Plus a Completion Incentive up to $2,500, total of up to $4,000. .
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.
NSW Government Incentives for Employers, Apprentices and Trainees
Full Payroll Tax Exemption for Employers of Apprentices and Trainees
The NSW Government provides a full exemption from payroll tax for employers in relation to apprentices and new entrant trainees. Employers should not include the salaries and entitlements of apprentices and new entrant trainees in their payroll tax calculation. The previous rebate scheme in relation to new entrant trainees was abolished from 1 January 2004. Contact 13 28 11 or the Office of State Revenue for further details. Transport Concessions and the Vocational Training Assistance Scheme
Public transport concessions are available for travel on NSW government buses, ferries and trains for New Entrant trainees and for first, second and third year New Apprentices. .
Some private operators also provide similar concessions
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:
Contact Meta Dynamics to discuss and tailor a program to your needs Course available
PH: 1300 664 908
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