On the Job Training
On The Job Training (OJT) is funded through the federal Workforce Innovation and Opportunity Act (WIOA). OJT provides an opportunity for employers to receive financial assistance for training new employees in the skills needed to perform effectively. The OJT program is ideal for re-careering to a new occupation.
What is On The Job Training?
OJT provides reimbursement to the employer for up to 50 percent of the wage rate of the trainee or the extraordinary costs of providing the training and additional supervision related to the training. OJT is not to exceed 500 hours.
Benefits to Employers
- Assists employers in hiring and training eligible applicants with high potential for success
- Support for the employer while the employee gains essential knowledge and skills
- Potential to qualify for Federal Income Tax Credits for hiring individuals with disadvantages
How OJT Works
- The Employer must first hire the OJT participant.
- The participant must not already have the main skills required for the job.
- Jobs must be not be temporary in nature.
- OJT funds are used to offset the extraordinary training costs and lower productivity related to new employee.
- Reimbursement rate is usually calculated at half the pay rate for the agreed-upon training period.
For more information on On The Job Training email email@example.com or call (540) 581.0620 option 4.