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Fillable Printable Fact Sheet: Employment Training Panel (De 8714N)

Fillable Printable Fact Sheet: Employment Training Panel (De 8714N)

Fact Sheet: Employment Training Panel (De 8714N)

Fact Sheet: Employment Training Panel (De 8714N)

DE 8714N Rev. 7 (5-14) (INTERNET)Page 1 of 1 CU
EMPLOYMENT TRAINING PANEL
The Employment Training Panel (ETP) was established in
1982 and since its conception has been established as
the state’s premier program supporting job creation and
retention through workforce training.
Principally funded through the California Employment
Training Tax, the ETP is a performance-based statewide
workforce training and economic development program
which supports California’s economy by providing fi nancial
assistance to California businesses in support of customized
worker training for new and existing employees.
Ongoing investment in employee training helps California
businesses stay competitive, productive, and profi table
while supporting the creation and retention of high-wage,
high-skilled, secure jobs in industries that have the
greatest positive impact on California’s economy. Since
many employers are limited in their capacity to allocate
resources for training, the ETP program helps fi ll this gap.
Program Overview
• ETP targets rms threatened by out-of-state competition
or that compete in the global economy.
For incumbent worker training, employers contribute
to the cost of training. The ETP also funds training for
unemployed workers.
Additional incentives are provided to assist small
businesses and employers in high unemployment areas
of the state.
Partnerships allow the ETP to provide funds from
alternative sources for industry specifi c training
programs.
Employment Training Funds may be used to support
employer-customized job-specifi c training delivered to
full-time employees.
Training may be delivered by any combination of
internal and/or external training providers.
Why the ETP Funding Works
Employers make decisions about their training
program.
Training Investments help companies become more
profi table locally and globally.
Employers are encouraged to assume greater
responsibility for training.
Performance-based contracting helps to ensure
success.
ETP funding is a catalyst for future workforce training.
For More Information
For additional information about ETP training programs, visit
the ETP website at www.etp.ca.gov or call 916-327-5258.
P.O. Box 826880 • Sacramento CA 94280-0001
The EDD is an equal opportunity employer/program.
Auxiliary aids and services are available upon request to individuals with disabilities.
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