Evidence of effectiveness
The instrument is still operational, however, in 2017 some 38 different private companies in various industries have benefited from Investing in Skills. These companies have been awarded around €145,804 for the training of their employees. The beneficiaries of the Investing in Skills instrument have been successful in tapping into this policy to further the knowledge and skills of their workers. However, the real benefits brought about by this instrument will have to be measured and monitored upon the end of this scheme in 2020. Currently, there have been no unexpected benefits or costs to the instrument.
Engagement of stakeholders
The agency that is mainly responsible for the national implementation of the instrument is in constant contact with the other stakeholders involved, namely: the Ministry for Education and Employment (MEDE), the Treasury Department at the Ministry for Finance, as well as the companies that apply under this instrument. While Jobsplus and MEDE come in contact with the beneficiaries through registration and shadowing of the companies, the Treasury Department is responsible for the distribution of the financial incentives offered through Investing in Skills.