The Pikes Peak Labor Center
To help companies retain staff amid rising quit rates, the Pikes Peak Workforce Center offers funding for industry-recognized short-term certifications.
The Workforce Center has RUN (Reskill, Upskill, Next-skill) funding of $100,000 available from the Colorado Workforce Development Council through HB21-1264 to fund training for hundreds of certification options at short term in many industries including information technology, cybersecurity, agriculture, manufacturing, commerce, family and consumer science, retail and hospitality, skilled trades, healthcare and others.
According to the Monster Fall 2021 Hiring Report, 95% of employees plan to leave their jobs, but 45% of employees would consider staying if they had the opportunity for training. Thus, these short-term certifications offer a solid solution to retention.
Options include a variety of on-the-job, virtual and classroom training for current employees that will increase staff and company competitiveness.
Employers are able to choose the training that will best meet the needs of their business and their employees.
“Given the current labor shortage, this is a timely opportunity for businesses in El Paso and Teller Counties,” said Erica Romero, business relations manager for the Pikes Peak Workforce. Center. “We hope a variety of businesses and nonprofits will apply for this funding to retrain, upskill and upskill a cohort of their existing staff to help boost economic viability and retention rates for their business. .”
Companies must pay for training in advance; Pikes Peak Workforce Center will reimburse 100% of eligible training costs.
Eligible costs include:
· Salary related to the training of instructors/trainers
· Textbooks, instructional materials, textbooks, materials and supplies
· Purchases of training materials
· Certification exam (if a separate cost)
· Other necessary and reasonable costs directly related to the training.
The following costs are not covered:
Remuneration of employees/trainees
· Expenses incurred before the application approval date
· Capital improvements
· Travel, food, accommodation
· Contributions and/or dues.
The deadline for employers to apply is Friday, February 4, 2022 at 5 p.m.
Employers should attend one of these virtual information sessions on how to apply:
· 9am-9.30am, Tuesday 25 January
· 2-2:30 p.m., Wednesday 26 January
· 11:30 a.m. to noon, Thursday, January 27.
To register for an information session and view the app, visit ppwfc.org/funds-for-worker-training.
All employee training must be completed by Wednesday, June 15.
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