Industry training funds:
I
- ndustry training funds are statutory authorities responsible for providing funding for training of eligible workers in certain industries, such as construction and mining.
- You should contribute to a fund that operates in the same industry as your business. If your industry does not have an eligible training fund, you can contribute to:
- a recognised industry body that provides training opportunities for its members, provided they reserve the funds contributed for training
- a recognised scholarship fund at a university or TAFE college that supports education or training for Australians in the same or a similar industry as your business.
Examples of ways to meet the training benchmarks:
You can show you meet the training benchmarks in relation to your Australian
- employees by:
- paying for a formal course of study for your Australian employees
- funding a scholarship in a formal course of study approved under the Australian Qualifications Framework for your Australian employees
- employing apprentices, trainees or recent graduates on an ongoing basis in numbers proportionate to the size of the business
- employing a person who trains your Australian employees
- paying external providers to deliver training for Australian employees
- providing on-the-job training that is structured with a timeframe and clearly identified increase in the skills at each stage, and demonstrating all of the following:
- the learning outcomes of the employee at each stage
- how the progress of the Australian employee will be monitored and assessed
- how the program will provide additional and enhanced skills
- the use of qualified trainers to develop the program and set assessments
- the number of people participating and their skill and occupation.
- Expenditure that cannot count towards this benchmark includes expenditure for training that is:
- delivered on the job, other than on-the-job training that meets the requirements outlined above
- confined to only one or a few aspects of the businesses broader operations, unless the training is in the primary business activity
- only done by people who are not Australian citizens or permanent residents
- only done by people who are principals in the business or their family members
- only relating to a very low skill level having regard to the characteristic and size of the business
- wages paid to staff for the time they spend at training.