 | Employment Training Panel |
The Employment Training Panel is a significant economic development tool for business attraction and business retention. ETP will work in partnership with business, labor and government to provide funds for training California's workforce in the skills necessary for businesses to remain viable and successfully compete in the global economy, while providing workers with reasonable wages and secure employment.
The ETP funding is performance based. In general, the ETP has three levels of reimbursement:
- The
ETP will reimburse your company per employee per hour for any classroom
or laboratory training that is provided by an out-sourced training provider (subcontracted vendor).
- The ETP will reimburse your company per employee per hour for any classroom or laboratory training that is provided internally, instructed by company personnel.
- The ETP will reimburse your company per employee per hour for certain kinds of computer-based training (CBT).
About the ETP
A division of the California Employment Development Department (EDD), the ETP was established in 1982 by the California legislature. The ETP disburses funds that are mandated by the California State Legislature and specifically targeted for companies to increase their efficiency and lower costs to meet the pressure of competition from out-of-state companies.
One
tenth of one percent of the first $7,000 income per employee collected
from California unemployment insurance taxes goes to fund the
Employment Training Fund (approximately $60 million to $100 million per
year). The State Legislature is determined to maintain a viable
economic climate by encouraging businesses to adapt to a high
performance workplace.