National Training Fund (NTF)
- Name of the instrument - Local language
- National Training Fund
- Name of the instrument - English translation
- National Training Fund (NTF)
- Scheme ID
- 109
- Country
- Ireland
- Reporting year
- 2015
- Type of instrument
- Training fund
- Type of entry
- Single instrument
- Short description
Employers are obliged by law to contribute a fixed share of payroll (0.7%) to a training fund. The fund provides for expenditure on training for those seeking employment, training for persons in employment, literacy and numeracy, training for those in the community and voluntary sector and also provides funding for the identification of existing and future skills needs for the economy.
- Short description of the related instruments
nap
- Level of operation
- National
- Name of a part of the country
- nap
- Name of the region (for regional instruments)
- nap
- Name of the sector (for sectoral instruments)
- nap
- Legal basis
National Training Fund Act 2000
- Objective(s) and target(s)
To support the training of those in employment and those who wish to take up employment. It also is used to provide funding of research into existing and future skills requirements of the economy.
- Year of implementation
- 1999
- Year of latest amendment
- 2010
- Operation/management
The Department for Education and Skills assumed responsibility for the Fund in 2010. The fund provides for expenditure on training for those seeking employment, training for persons in employment, literacy and numeracy, training for those in the community and voluntary sector and also provides funding for the identification of existing and future skills needs for the economy.
- Eligible group(s)
those seeking employment, employees, persons that need traning in literacy and numeracy, those in the community and voluntary sector.
- Group(s) with preferential treatment
None
- Education and training eligible
Depending on the programme/initiative.
- Source of financing and collection mechanism
The fund is mainly resourced by a compulsory levy on employers of 0.7% of reckonable earnings of employees in certain employment classes, which is collected through the PAYE/PRSI system.
- Financing formula and allocation mechanisms
Depending on the programme/initiative.
Allocation: The department of Education and Skills decides training support policies and allocation of NTF funds to different agencies/programmes. Then, typically, a system of annual calls and competing proposals from companies/groups of companies is applied. It is also used to fund programmes such as Skillnets and MOMENTUM.
Grants are allocated to companies which best meet pre-defined criteria (specified through top-dow procedures).- Volumes of funding
na
- Beneficiaries/take up
na
- Organisation responsible for monitoring/evaluation
Department for Education and Skills (audited by the Comptroller and Auditor General).
- Monitoring/evaluation reports available
na
- Most relevant webpage - in English
https://www.education.ie/en/Publications/Corporate-Reports/Financial-Re…
- Most relevant webpage - local language
https://www.education.ie/en/Publications/Corporate-Reports/Financial-Re…
- Sources
https://www.education.ie/en/Publications/Corporate-Reports/Financial-Re…
- Short description
- Short description of the related instruments
- Level of operation
- Name of a part of the country
- Name of the region (for regional instruments)
- Name of the sector (for sectoral instruments)
- Legal basis
- Objective(s) and target(s)
- Year of implementation
- Year of latest amendment
- Operation/management
- Eligible group(s)
- Group(s) with preferential treatment
- Education and training eligible
- Source of financing and collection mechanism
- Financing formula and allocation mechanisms
- Volumes of funding
- Beneficiaries/take up
- Organisation responsible for monitoring/evaluation
- Monitoring/evaluation reports available
- Most relevant webpage - in English
- Most relevant webpage - local language
- Sources