Access to funding
A number of funding opportunities may be available to your business to support training of your workforce. Funding is often provided in conjunction with a range of Commonwealth and State Government initiatives – such as those providing incentives to small business and industry sectors, employment programs, and to address skills shortages.
TAFE NSW consultants can work with you to identify any relevant funding programs and help you access that funding.
Apprenticeship and traineeship incentives
Apprenticeships and traineeships combine time at work with training and can be full-time, part-time or school-based.
There is likely to be an apprenticeship or traineeship to suit your business needs. They are available in a variety of qualification levels in more than 500 occupations across Australia – in traditional trades, as well as a diverse range of emerging careers in most sectors of business and industry.
Apprenticeships and traineeships deliver a range of benefits for your business. They:
- provide people trained to your business requirements
- are offered in a range of industries
- are offered from Certificate to Advanced Diploma level
- feature off-the-job training (TAFE NSW can provide training tailored to your time, location and other requirements)
- can provide access to User Choice funding from the NSW government
- attract a range of financial incentives for eligible employers
- can be full-time, part-time or school-based, depending on what suits your business
- deliver nationally recognised qualifications and competencies.
There are a number of financial incentives available to encourage businesses to employ apprentices and trainees:
- Employers who hire mature age workers (over age 45) in skill shortage areas may attract a special Mature Age Worker Commencement Incentive of $750 and a Completion Incentive of $750
- Employers in regional and rural Australia who employ an apprentice in an eligible national skills needs area may be eligible for a special commencement incentive of $1,000
- Employers may be eligible for incentives to offset training costs when undertaking an Existing Worker Traineeship
- Employers may be eligible to receive a subsidy of $104 per week plus up to $5,000 for workplace modification under the Disabled Australian Apprenticeship Wage Support program.
Rural and regional programs
To ensure better access to training in rural and regional areas, the Australian Government is offering pilot funding under the National Skills Shortages Strategy.
Each program aims to work with local industry, education providers and communities to:
- profile existing and potential industries in a region
- identify skills and training needs
- engage relevant national, state and local industry and training bodies
- pilot strategies that could be used in other regions.
Workforce diversity programs
A number of government programs fund training to improve workforce diversity.
For Indigenous Australians:
- Community Development Program – If you employ Indigenous Australians you may be eligible for Wage Assistance.
- Corporate Leaders for Indigenous Employment Project – You may benefit from a flexible package of funding by using elements of the Australian Government's Indigenous Employment Program.
- Structured Training and Employment Project – You may receive incentives ranging from $4,000 to $7,700.
- Australian Employment Covenant (AEC) – Aims to secure 50,000 full-time employment opportunities nationwide for Indigenous Australians. For more information contact the AEC Hotline on 1300 346 325.
For very long-term unemployed:
- Wage Assist – This wage subsidy program provides ongoing, full-time work opportunities.
For potential employees:
- Work experience programs – These can help you determine how a potential employee will operate at your workplace.
For people with a disability:
- Supported Wage System (SWS) – The Australian Government's SWS program allows you to pay a wage that corresponds to the employee's rate of productivity, with the Government also contributing to their income.
Strategic Skills Program (SSP)
SSP aims to address industry skill shortages in key NSW industries. It funds part-qualification training that addresses skill development priorities.
Workplace English Language and Literacy (WELL)
If your staff could benefit from English language, literacy and numeracy training, WELL may be what you need.
TAFE NSW can help you apply for WELL funding and can deliver training at your workplace or one of our campuses.
Productivity Places Program (PPP)
The Commonwealth Productivity Places Program (PPP) is designed to provide employers with more qualified recruits and a more highly skilled workforce. The scheme provides subsidised training places in areas of skills shortage and aims to increase the number of training places in NSW by 12% over 4 years from 2009.
For employers and existing workers, TAFE NSW offers a range of eligible higher-level qualifications from Certificate III to Advanced Diploma.
Learn more about PPP:
Other programs that fund training include:
- Corporate Partners for Change – Collaboration between government, industry, unions and communities to place people in work.
- Green Small Business Incentives – Promoting sustainability in small businesses.
- Energy Efficiency Training for Trades and Professionals Program – Increasing energy efficiency in the workforce.
- Skills Enhancement Program – Improving skills in priority industries and for priority groups.
- Existing staff traineeship programs – Training at Certificate III and higher for existing staff.
Find out more
TAFE NSW business consultants can help you identify your training needs, direct you to appropriate funding programs, and assist with funding applications.