Attention Training, Learning & Development and Talent Development Managers:
Though your titles may vary, your mission is the same – to keep the skills of your employees razor sharp and up to date. More importantly, you are being challenged to ensure that your company is able to continue to retain your best performers, and do it all with a shrinking training budget. Do not despair. There is a solution. Your company is already spending time and effort training your workers. So why not get paid for it? Yes, your company can get funding from the State of California to pay for employee training!
Since 1983, the State of California’s Employment Training Panel (ETP, www.etp.ca.gov) has been paying California companies to offset the cost of employee training. Every year, California employers pay $7.00 as Employment Training Tax per employee, which results in an $80-$100M state-wide annual training budget. ETP disburses the funds (on a first come first served basis) to California employers who need to upgrade their workers’ skills. As you can see, your company already paid for this training by paying the annual taxes. It is your own money coming back to you! So, why is the State of California doing this? The State wants California companies to grow and be competitive. California does not want to lose jobs and businesses to other states.
What kind of training does ETP pay for? You decide based on your business requirements! For example, ETP funding can be used for a variety of training subjects like Computer Skills, Lean Manufacturing, Sales Training, Quality improvement, Customer Service training, etc. Also, you can choose either internal trainers or external vendors to deliver the training. Since your company pays the annual training tax for each employee, you can train all employees that meet ETP eligibility requirements. There is no limit to the number of employees your company may train.
With over fourteen years of experience of successfully winning and executing ETP contracts, Saisoft now wants to put its knowledge and experience to work for you. Saisoft provides comprehensive services to help you get the training funds you need. We assist with preparing the application, obtaining the funds, and administering the contract in compliance with ETP regulations.
Ready to get your piece of the training funding pie? Reach out to us by filling out this form and we will be happy to get you the funds you deserve!