The Incumbent Worker Training Program (IWTP) is designed to improve the skill sets of the existing workforce of Louisiana-based employers. There are two distinct IWTP programs:
- Small Business Employee Training
Designed to benefit businesses and industries with fifty (50) or fewer employees by assisting in the skill development of existing employees through standardized, "off-the-shelf" programs. Qualifying employers may receive a rebate of up to $3,000 per trainee per state fiscal year.
- Customized Training
The program is designed to assist the employer in preventing job losses due to obsolete skill sets, technological change or national/global competition. The employer must demonstrate a history of successful training through placement, retention and satisfaction rates, a collaboration within its industry segment in terms of curriculum development and that the program will utilize current industry standards as the basis to train its existing employees. The employer determines what training is needed and selects the preferred training provider or providers. There is an expectation of job retention or job creation and an increase in wages for the trained employees under this program. There is no pre-determined rebate schedule for this program. |