Sectoral training funds (STFs) managed by the social partners, sometimes in cooperation with government, contribute to improving both the quantity and quality of training supply (public and private), in particular by aligning it to specific sector situations and needs.
STFs are also increasingly sector centres of knowledge and expertise in labour market and training issues carrying out a range of activities such as mediation, research, consulting and advice. However, red tape, especially in administering STFs can deter companies, particularly small and medium-sized enterprises (SMEs) from taking advantage of the funds.
Publication number: 8560
Publication date: 2008
Number of pages: 4
Available in print: No
Available for download in the languages: EN, DE, FR.