Building and Construction Development Fund

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Name of the instrument - Local language
Bygge- og Anlęgsbranchens Udviklingsfond
Name of the instrument - English translation
Building and Construction Development Fund
Scheme ID
59
Country
Denmark
Reporting year
2020
Type of instrument
Training fund
Sub-type of instrument
Sectoral level collection and sectoral level distribution
Type of entry
Example for a group of instruments
Short description

The Building and Construction Development Fund is one of the sectoral training funds in Denmark. The fund is based on a collective agreement at a sectoral level between the relevant employers' organisations and trade unions. The collective agreement states that companies in the construction sector are obliged to contribute a fixed amount per employee (DKK 520 (approx. EUR 70)) to a training fund and may receive contributions to their training costs in return. Eligible activities include general education, secondary education, adult vocational training, and tertiary education. Companies receive a grant for compensating the wage costs (DKK 55 (approx. EUR 7) contribution to the wage costs for each hour of participation in training).

Level of operation
Sectoral
Name of a part of the country
Not applicable
Name of the region (for regional instruments)
Not applicable
Name of the sector (for sectoral instruments)
Building and Construction
Relevance
Further instrument
Collective agreement
Objective(s) and target(s)
To support employees' participation in continuing education within the building and construction sector.
Year of implementation
2007
Operation/management
The fund was established as an agreement between The Danish Construction Association (employer association) and 3F (United Federation of Danish Workers). The training fund is administered by PensionDenmark which administers the AUB fund as well.
Eligible group(s)
Only employees in the building and construction sector (employers will apply for funding - wage compensation). The support is 55 DKK hourly if the employee recieve a minimum of 136,5 DKK hourly.
Group(s) with preferential treatment
no
Education and training eligible
Support can cover for example competence assessment, CVET as well as programmes targeting educational planning for employees in companies. A wide range of training activities that focus on employment in the building and construction sector and have been pre-approved by the fund are eigible; different educational levels (general education, secondary education, adult vocational training and tertiary education). The list over eligible training activities are available at: https://www.pension.dk/virksomhed/services/artikler/kurser-med-tilskud/
Source of financing and collection mechanism
Levy on companies - a fixed annual amount of DKK 520 (approx. EUR 70) per employee
Financing formula and allocation mechanisms
Companies receive up to 55 DDK per hour if the employee earns a salary of at least 136,4 DKK hourly. Other training costs may be covered by the fund as well.
Eligible costs
Mainly wage costs (a fixed contribution per hour in training is provided)
Volumes of funding
Not available
Beneficiaries/take up
Not available
Organisation responsible for monitoring/evaluation
PensionDenmark - https://www.pension.dk/en/member/
Most relevant webpage - in English
Not available
Most relevant webpage - local language
https://www.bygud.dk/uddannelses-udviklingsfonde/bygge-og-anlaegsbranch…
Recent changes

No newer changes. To support longer periods with education and training.

Recent changes in response to COVID-19

No changes

Sources
https://www.pension.dk/virksomhed/uddannelse/
https://www.bygud.dk/media/6822/bua_a4_til_pdf.pdf
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