This summer, Manex signed its 14th contract with the State of California to receive $1 million in Employment Training Panel (ETP) funding to help companies receive ETP rebates on training and services. Manufacturing companies can use the ETP funds to take advantage of more than a dozen services and programs Manex has to offer, including but not limited to:
Why choose Manex?
Manex holds a contract and funding with the state, so all you need to do is fill out a two-page application and Manex takes care of the rest. Eligibility is determined within 48 hours and ETP funds are available to qualifying companies.
Employers can begin training using ETP funds within one month, while Manex maintains and manages all administrative requirements. Once training is completed, the company receives a rebate to help offset the costs.
Manex projects average more than 600% ROI – that is a $6 return for every dollar invested in these activities.
What is ETP?
Founded in 1982, ETP is a cooperative business-labor program designed to improve the state’s economic competitiveness through state-funded employee training assistance. To date, the ETP program has allocated over $850 million for training to 55,000 businesses and 600,000 employees.
What are the requirements?
Requirements include, but are not limited to:
- Manufacturing companies and those facing out-of-state competition
- Employee turnover rate that is less than 20% annually
- Trainees must attend all training sessions
- Trainees must be retained by the company for 90 days after training is completed
Why not take advantage of ETP today?
Call Manex today to discuss how to put ETP dollars to work for you. We can discuss the programs your company can benefit from the most, and how best to take advantage of the funds available.
About the Author
Michael Shabaka, Ph.D., is the Director of Sales & Innovation for Manex Consulting and strives to connect manufacturers with qualified experts to train employees and improve business operations to achieve breakthrough results in productivity, profitability, and growth. Dr. Shabaka can be reached at 925.807.5100 or firstname.lastname@example.org.
For specific ETP requirements and more details, visit www.manexconsulting.com/etp-funded-training-services.