Ohio Training Grant Update

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ERC continues to work closely with the Ohio Development Services Agency (formerly Ohio Dept. of Development) to get the latest news regarding the Ohio Incumbent Workforce Training Voucher Program.

Since the announcement of the grant on 12/21/12 by Gov. Kasich, the Agency has received applications that have expended the $20 million budgeted for the state’s current fiscal year (July 1, 2012 - June 30, 2013). However, within the last week, we received this advice from the Agency:

 “We are still encouraging folks to complete the application. As we begin reviewing applications, there may be ineligible costs that will become available to those that might be in our queue.”

As always, we are here to answer your questions and to help with the application process. For more information contact Pete Bednar at 440-947-1293 or pbednar@yourERC.com.

$20 Million in Training Grant Dollars Available to Ohio Companies

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Update (1/10/13): As of January 10, 2013 over 400 applications have been submitted for the Ohio Incumbent Workforce Training Voucher Program. According to the Ohio Development Services Agency (formerly Ohio Department of Development), many more companies have begun applications. The Ohio Development Services Agency is still encouraging companies to apply for funding.

The Ohio Incumbent Workforce Training Voucher Program has been officially announced, making $20 million available for training opportunities to enhance worker skills.

The ultimate goal of this program is twofold: allow employers to retain and grow their existing Ohio workforce and create a statewide workforce that can meet the present and future demands in an ever changing economy.

Applications are now available at www.OhioMeansJobs.com. Funding is made available on a first come, first served basis. The caps on the program funding will be $500,000 per eligible company and/or $4,000 per eligible employee, with a reimbursement rate of up to 50%; all training must begin and be completed between February 4, 2013 and June 30, 2013.
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HR Analysts Experience Job Growth Statewide

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In an era where an uncertain economy demands that business expenses undergo intensive financial scrutiny and metrics such as “return on investment” or ROI calculations are a driving force behind business decisions large and small, benchmarking trends in human resources is part of the expected norm.

From compensation and benefits analysis to a wide variety of workplace practices benchmarks, HR plays a major role in analyzing how your organization’s pay and benefits practices stack up next to the competition. Demand for this type of data driven decision making bodes well for the HR specialists whose major job duties involve analysis and reporting of these critical HR metrics.
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