Monday 25 September 2017

Employers get greater say on training fund

Education Minister Richard Bruton. Photo: Steve Humphreys
Education Minister Richard Bruton. Photo: Steve Humphreys
Katherine Donnelly

Katherine Donnelly

Employers are to be given a greater say in how the hundreds of millions of euro they put into the National Training Fund will be spent.

Private sector employers pay almost €400m a year through a levy and Education Minister Richard Bruton wants to bring the figure up to about €560m a year by 2020.

Asking employers to pay a higher contribution towards meeting skills needs is part of a wider plan to boost the amount of money available for further and higher education.

It was among the recommendations from the Expert Group on Future Funding for Higher Education, known as the Cassells Report, which pointed out that, as major beneficiaries of the outcomes of higher education, employers should pay more towards its funding.

In tandem with the plan for a higher contribution from employers, Mr Bruton is giving them a greater role in informing priorities for the fund.

He said he wanted to provide assurances to employers about what the fund is delivering and how it is responding, and how it can respond better, to existing and future skills needs.

Irish Independent

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