formación bonificada incentivised training

Creator:	Nedra Rivera Huntington
Language pair:	Spanish to English
Discipline:	Government / Politics
Definition / notes:	Training and employment incentives form part of the Spanish government’s job creation policy. In this context, the Vocational Training for Employment subscheme encompasses a set of instruments and actions aimed at encouraging and extending to companies and to employed and unemployed workers a type of training that meets their needs and contributes to the development of knowledge based economy. These programs include most notably the credit allocated to employers for demand-based vocational training, collected in the form of reductions in social security contributions and subdivided into two types: (i) credit for carrying out own training programs and (ii) credit for granting workers individual leaves of absence for training (additional to the preceding credit).
URL:	http://www.investinspain.org/invest/en/-invest-in-spain/incentives/training-and-employment/index.html