Government announces cut backs to training support – these will affect your business!
Significant change to training support was announced in both the State and Commonwealth Budgets.
The State Government has decreased funding in some key courses by up to 85% and this means if you commence Government supported trainees in Business or Retail, after 1st July you will be expected to make a significant contribution to the cost of that training. The Federal Government has also announced changes to incentive payments from July 1st that will affect both the timing and value of some incentives.
However trainees who commence training before 1st July will benefit from the conditions that currently exist. If you have been seriously considering training for your staff in Retail, or Business, you should arrange enrolments now or accept the significantly higher charges that will apply.
For example
- The current Certificate III Retail enrolment fee is $295 – this will increase to in excess of $1500.
- The current employer incentive available for an eligible Certificate III Retail trainee is $4,000 ($1500 at 3 month, $2,500 on completion), this will change to $3,000 (paid on completion only).
To assess the impact of the cutbacks on your situation, I urge you to us. We will outline what you can expect to pay moving forward, but more importantly right now, how we can enrol any new trainees immediately so you can avoid the higher charges, at least in the short term.
Please contact Annette Carlin at FS Learning today on 0407 991 145, while your current entitlements are still available.
These new cutbacks will have a significant effect on the way you can benefit from training entitlements. You have just 3 weeks to enrol your employees before the new rises come into effect – ring now.
Please be assured that FS Learning will continue to work with you to achieve the best possible outcomes from your training.
