Home / Articles / Ohio can help you pay to train your employees

Ohio can help you pay to train your employees

September 23, 2016

Share:

In 2017, Ohio will once again offer assistance to companies to offset certain training costs for employees.  As in past years, the Ohio Workforce Training Voucher Program will provide approved companies with reimbursement of up to 50% of eligible costs (up to $75,000 total reimbursement) for eligible employee training.  However, budgeted funds will be allocated on a first-come first-served basis on October 14, 2016.  So your company should consider whether it may benefit from this opportunity as soon as possible.

Your company is a good candidate for this program if it is in one of the following industries:

  • BioHealth
  • Financial Services
  • Information Technology
  • Logistics
  • Manufacturing

Additionally, any company with its corporate headquarters in Ohio may qualify for the program.

Examples of eligible employee training that can be reimbursed include:

  • Training that leads to an industry recognized certificate or credential
  • Training provided in conjunction with the purchase of new equipment or a new computer system
  • Training from a national, regional or state trade association that offers certified training
  • Training for improved process efficiency (e.g., ISO-9000, Six Sigma, or Lean Manufacturing)

All content provided in this article is for informational purposes only. Matters discussed in this article are subject to change. For up-to-date information on this subject please contact a Clark Schaefer Hackett professional. Clark Schaefer Hackett will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.

Guidance

Related Articles

Article

2 Min Read

IRS Suspends Processing of ERTC Claims 

Article

2 Min Read

The New CECL Accounting Standard Impacts Financial Reporting

Article

2 Min Read

IRS issues guidance on new retirement catch-up contribution rules

Article

2 Min Read

Learn About Our Virtual CFO Services

Article

2 Min Read

3 Reasons to Consider Outsourced Accounting for Nonprofits

Article

2 Min Read

Prep for January: Collect W-9 Forms Now!

Get in Touch.

What service are you looking for? We'll match you with an experienced advisor, who will help you find an effective and sustainable solution.

  • Hidden
  • This field is for validation purposes and should be left unchanged.