Incumbent worker training (IWT) provides funding assistance to companies to provide training designed to improve the skills of employees and the competitiveness of an employer. IWT can be used to help avert potential layoffs or to increase the skill level of employees so they can be promoted or to create backfill opportunities. Companies will receive the funding assistance needed to meet the demands of the rapidly changing economy, and the employees will receive the training necessary to upgrade present work skills, heighten job security, provide marketable skills, and increase the possibilities for higher wages and promotional opportunities.
What companies are eligible?
Any qualifying established employer within the 10 County Coastal Region
What employees are eligible for training?
Employees who have been employed for a minimum for 6 months are eligible for training. IWT funding cannot be used to fund training for seasonal, temporary or intermittent employment.
What costs does the funding cover?
WSC can provide up to 100% of direct training costs. The funding provided by WSC covers training related costs including tuition, instructor wages, books, manuals and technology fees.
Are there any costs to the employer?
The employer’s share of the cost is determined by the size of the company’s workforce and may include the amount of the wages paid to the employee while the employee is attending training. This is the employer’s non-federal share of the cost of the training. The non-federal share can also include other costs associated with the training not covered by WSC. The employer non-federal share may not be less than:
- 50 or fewer employees = 10% of training related costs
- 51 to 100 employees =25% of training related costs
- 101 employees or more = 50% of training related costs
How does a company apply for funding?
Funding is awarded through an application process. Contact WorkSource Coastal at 912-675-8178 to learn more.