Ohio Incumbent Workforce Training Voucher Program Guidelines The Ohio Incumbent Workforce Training Voucher Program is an employer-driven program designed to provide direct financial assistance to train workers and improve the economic competitiveness of Ohio’s employers. The voucher program is designed to offset a portion, via reimbursement, of the employer’s costs to upgrade the skills of its incumbent workforce. The program will provide reimbursement to eligible employers for specific training costs accrued during the course of training. An application for the program may be filed by either the employer, or employee (with pre-approval from his or her employer). Program Eligibility: To be eligible for financial assistance, the following requirements must be met by both the employer and employee. EMPLOYER ELIGIBILITY an eligible employer must operate as a for-profit entity in a – targeted industry with a facility located in Ohio that has been in continuous operation for the 12 months immediately prior to the application submittal. Targeted industries are: Advanced Manufacturing Financial Services Aerospace and Aviation Food Processing Automotive Information Technology and BioHealth Services Corporate Headquarters Polymers and Chemicals Energy Each employer (identified by Federal Employee Identification Number/FEIN) will be eligible for up to $500,000 in voucher assistance per fiscal year. All vouchers issued to an employer during that year, at any location within the State of Ohio, will be included in calculating the $500,000 threshold. Once an employer reaches this threshold, the voucher program will not be available to that company’s employees until the next available funding year. EMPLOYEE ELIGIBILITY an eligible employee is someone who is directly employed by the – company at a facility located within Ohio and meets all of the following requirements: Employed in any of the following business functions: production, back office operations, information technology, logistics, or research and development. Earning an hourly wage of at least 150 percent of the federal minimum wage ($10.88 as of January 1, 2012) plus benefits; An Ohio resident; At least 18 years of age; and Working at 25 hours per week; Note: an employee who is employed in a retail/service function is not eligible for the voucher program. Each employee is eligible for up to $4,000 in reimbursable funds per fiscal year. This amount may be utilized for a single training or span multiple training classes, depending upon the costs.
Ohio Incumbent Workforce Training Voucher Program Guidelines The Ohio Incumbent Workforce Training Voucher Program is an employer-driven program designed to provide direct financial assistance to train workers and improve the economic competitiveness of Ohio’s employers. The voucher program is designed to offset a portion, via reimbursement, of the employer’s costs to upgrade the skills of its incumbent workforce. The program will provide reimbursement to eligible employers for specific training costs accrued during the course of training. An application for the program may be filed by either the employer, or employee (with pre-approval from his or her employer). Program Eligibility: To be eligible for financial assistance, the following requirements must be met by both the employer and employee. EMPLOYER ELIGIBILITY – an eligible employer must operate as a for-profit entity in a targeted industry with a facility located in Ohio that has been in continuous operation for the 12 months immediately prior to the application submittal. Targeted industries are: Advanced Manufacturing Aerospace and Aviation Automotive BioHealth Corporate Headquarters Energy Financial Services Food Processing Information Technology and Services Polymers and Chemicals Each employer (identified by Federal Employee Identification Number/FEIN) will be eligible for up to $500,000 in voucher assistance per fiscal year. All vouchers issued to an employer during that year, at any location within the State of Ohio, will be included in calculating the $500,000 threshold. Once an employer reaches this threshold, the voucher program will not be available to that company’s employees until the next available funding year. EMPLOYEE ELIGIBILITY – an eligible employee is someone who is directly employed by the company at a facility located within Ohio and meets all of the following requirements: Employed in any of the following business functions: production, back office operations, information technology, logistics, or research and development. Earning an hourly wage of at least 150 percent of the federal minimum wage ($10.88 as of January 1, 2012) plus benefits; An Ohio resident; At least 18 years of age; and Working at 25 hours per week; Note: an employee who is employed in a retail/service function is not eligible for the voucher program. Each employee is eligible for up to $4,000 in reimbursable funds per fiscal year. This amount may be utilized for a single training or span multiple training classes, depending upon the costs.
wtvp_Guidelines.docx