About Employment Training Panel
Etp'S MISSION STATEMENT AND PROGRAM OVERVIEW
The Employment Training Panel's mission is to prove financial assistance to California business to support customized worker training to:
- Attract and retain business that contribute to a healthy California economy;
- Provide workers with secure jobs that pay good wages and provide opportunities for advancement;
- Assist employers in successfully competing in the global economy; and
- Promote the benefits and ongoing investment of training among employers.
Program Overview: The ETP is a business- and labor-supported state agency that assist employers in strengthening their competitive edges by providing funds to offset the costs of job skills training necessary to maintain high-performance workplaces. ETP is governed by an 8-member Panel; seven are appointed by the Governor and the Assembly and Senate leadership. The Secretary of Business, Transportation and Housing, or his/her designee, serves as ex officio, voting member.
- The ETP program is entirely funded by a tax on employers, collected alongside the Unemployment Insurance tax. ETP receives no General Fund support.
- The program is performance-based, providing funds for trainees who successfully complete training and are retained in well-paying jobs for a specific period of time.
- The program is funded by the Employment Training Tax paid by California employers, and targets firms threatened by out-of-state and international competition.
- Since its creation in 1982, ETP has reimbursed employers more than $1.5 billion for training more than 1.1 million workers in 80,500 businesses.
- Employers match training funds awarded by ETP for training existing workers, making these projects true public-private partnerships.
- EPT also funds teaching skills to help the unemployed to gain employment.
- ETP prioritizes small businesses and employers in high unemployment areas of the State.
- The program serves as the State's premier economic development tool, encouraging many companies to locate or expand in California with the assistance of ETP's job training funds.
- Independent research has documented a return on investment of more than $4 for every $1 in ETP funds spent on training.
What is ETP?
The Employment Training Panel, formed in 1982, is a California state agency that provides significant support for incumbent worker training to retain business and jobs in the state, increase the competitiveness of companies in California, and enhance the workforce skills.
It is a cooperative business-labor program to retrain workers. It was designed to fund training that meets the needs of employers for skilled workers and the need of workers for good, long-term jobs. ETP is the only training program in California that targets the retraining of currently-employed workers.