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Got Money? Yes, You Do! Incentives for Businesses Taking on an Apprentice!

Finding high quality, properly trained employees and keeping them at your facility longer can sometimes be challenging, right?!

We get it. And finding funding to help cover the cost of training can sometimes be even harder. Again, we hear you. Don’t you wish that you could make the time to invest in your workforce, that there was some kind of encouragement, perhaps even at little to no cost? Your wish is our command.

We’ve laid out the groundwork to help show just how easy it really can be and why you should be taking on a KCTCS registered apprentice today!

Other than improving productivity, profitability, upskilling labor, and investing in your employees for the long-haul, you’ll get a larger and better, return on investment.

Plus, news flash! Did you know there are tons of great apprenticeship dollars your business could achieve just by hiring an apprentice? Kentucky has several great resources helping employers just like you have more cash flow for their business! It’s a win-win in your pocket!

No, we’re not pulling rabbits out of hats here, unless Peter the Rabbit wants to be an apprentice; however, we do want you to be aware of all the great things Kentucky offers to help with labor shortages and retention rates.

Below is our top list of money-saving ways your business can take advantage of when hiring an apprentice through the Kentucky Community & Technical College System:

  • Bluegrass State Skills
  • KCTCS TRAINS
  • Vocational Rehab
  • Workforce Opportunity Tax Credit (WOTC)
  • Kentucky Unemployment Tax Credit
  • WIOA
  • WIOA Youth
  • Work Ready Scholarship
  • KEES Money
  • Various Tax Incentives

There you have it…. so many ways to gain the benefits of hiring an apprentice today.  

Want to learn more about how apprenticeships can help you solve your labor problems? In Kentucky reach out to your local KCTCS Community & Technical College and ask to speak with the Apprenticeship Coordinator.

Author: Kayla Douthitt
About: Kayla is the Apprenticeship Project Coordinator at Elizabethtown Community & Technical College
Tags: Apprentice, Apprenticeships, KCTCS, Kentucky, Workforce Development

October 19, 2021 - 6:18 pm
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