Training Benchmark B Includes
What can be included within the 1%?
- A variety of training and expenditure can be included, such as:
- Funding a scholarship in a formal course of study approved under the Australian Qualifications Framework
- Graduate salaries for a formal, structured graduate program for up to two years, or a professional year post-graduation
- On the job training as part of a formal, structured course
- Funding study relevant to the business
- Purchasing of on-line learning and self development material Workforce Education provides this
- Total salaries of apprentices or trainees
- Journal and magazine subscriptions related to the business
- Reasonable costs associated with training
What’s not included?
- Excluded items encompass:
- Wages of staff attending training
- Trade show or conference networking opportunities or costs associated with attendance of such
- Membership of professional associations but not if a specific percentage of the fee entitles attendance at professional development seminars
- Third party training within the same business
- Registration or licensing fees