Common use of Funding for Training Clause in Contracts

Funding for Training. In furtherance of the objectives of clause 43 hereof, and as a further initiative to enhance the employment and career opportunities of the employees covered by this Agreement, the parties will continue to facilitate on-going training to improve occupational health & safety in the industry and to improve employees work skills so as to advance progression to higher industry skill levels. To support the cost of these training initiatives the Company will introduce from 1 January 2006 a payment of $4.50 per employee per week, such monies to be paid into Incolink to support that body’s continued training funding initiatives. Provided that the Incolink arrangements be appropriately ordered so as to provide for: • Joint employer/union management of the training funding; • Access to funding in accordance with agreed guidelines, by all participating employers and unions. In the event of Incolink being unable to provide the above facility, the parties agree to establish an alternative mechanism with the intention of meeting the commitments expressed herein. The liability of the Company to pay for the cost of training courses they approve in accordance with clause 43(g), shall be met by the making of the contributions on behalf of each employee as required by this clause.

Funding for Training. In furtherance of the objectives of clause 43 hereof, and as a further initiative to enhance the employment and career opportunities of the employees covered by this Agreement, the parties will continue to facilitate on-going training to improve occupational health & safety in the industry and to improve employees work skills so as to advance progression to higher industry skill levels. To support the cost of these training initiatives the Company will introduce from 1 January 2006 make a payment of $4.50 per employee per week, such monies to be paid into Incolink to support that body’s continued training funding initiatives. Provided that the Incolink arrangements be appropriately ordered so as to provide for: • Joint employer/union management of the training funding; • Access to funding in accordance with agreed guidelines, by all participating employers and unions. In the event of Incolink being unable to provide the above facility, the parties agree to establish an alternative mechanism with the intention of meeting the commitments expressed herein. The liability of the Company to pay for the cost of training courses they approve in accordance with clause 43(g), shall be met by the making of the contributions on behalf of each employee as required by this clause.