LANSING, Mich. (WLNS) — Purposes for round $16 million in state grants for companies to fund worker coaching at the moment are open, the Michigan Division of Labor and Financial Alternative (LEO) introduced Monday.
The grants had been made obtainable for cycle 2 of this 12 months’s Going Professional Expertise Fund. The fund awards companies the funding mandatory for coaching {and professional} improvement aimed toward retaining present and newly employed staff. This funding should be short-term, fill a demonstrated want by the employer, and result in a credential for transferable expertise acknowledged by the business.
“Michigan’s economy relies on a strong and skilled workforce, and the Going PRO Talent Fund is one of the most effective tools we have to support both workers and businesses,” mentioned Stephanie Beckhorn, deputy director of LEO’s Workplace of Employment and Coaching.
In line with LEO, the fund has supplied coaching for greater than 15,000 employees and supported over 7,100 companies within the state since 2014. These employees noticed a mean hourly wage enhance of seven.2%.
Purposes shut at 5 p.m. on Might 2. Companies desirous about making use of can contact their native Michigan Works! middle for assist getting began.