Existing Worker Traineeships

Benefit employers who:

An Existing Worker Traineeship is a 24 month qualification which is funded by the Commonwealth Government. Employers can apply for incentive payments for employees who do not have tertiary qualifications. They then use this funding to pay the course fees for their employee's training.

Currently the IFS is able to deliver 9 of its qualifications to Existing Worker Trainees. The table below identifies which qualifications are funded in each State and Territory.

State and Territory Listing of Government Funded
Existing Worker Traineeships

As at 25th January, 2012

Eligibility Criteria

For an employer to be able to apply for Existing Worker Funding their employee/s MUST:

• HAVE BEEN employed for at least 3 months full time or 12 months part time; AND
• BE an Australian Citizen, an Australian Permanent Resident OR a New Zealand Citizen with more than 6 months residency in Australia; AND
• NOT have an Australian qualification higher than a Certificate II* level; AND
• NOT be currently studying.

* If the qualification is over 7 years old and not higher than a Certificate IV level the person may still be eligible. Please check with your Australian Apprenticeship Centre representative.

Employer Benefits - Government Funding

If employees fulfil all of the above criteria, the employer is entitled to receive incentive payments from the Commonwealth Government.

There are a number of incentives available to employers - generally $4,000 for each eligible trainee. You should contact a local Australian Apprenticeship Centre (AAC) who can supply you with detailed information on the range of benefits available.

You can find the name of AACs in your area by clicking here.

Paperwork for Existing Worker Trainees

• The IFS can supply you with the name and number for your nearest Australian Apprenticeship Centre (AAC).
  
  The AAC is the organisation that co-ordinates the whole traineeship process. It links the employer, the trainee, the Registered Training Organisation (RTO) and the government together to ensure that everybody fulfils their obligations throughout the period of the traineeship.
  
  A representative from the AAC will come to your office and go through the Traineeship Application Form with you. This is a FREE service.

• The Trainee must also complete an IFS Enrolment Form.

Testimonial

“Teachers Credit Union has used the IFS as its preferred RTO for many years and in particular for our Existing Worker Trainees. The IFS has been so easy to work with and has proven to be very successful as part of our L&D program.

Our trainees have been able to gain a nationally accredited qualification, whilst obtaining valuable on-the-job knowledge and experience, helping them to succeed in their Finance careers now and into the future."

Marco Sicurella

Human Resources Manager

Teachers Credit Union