(November 15, 2012)--The Texas workforce Commission announced Thursday that $1 million from the state’s Skills Development Fund will help fund Skills for Veterans, a program that offsets employer training costs for eligible veteran new hires.
The program is an effort to expedite the return of veterans to the civilian workforce.
Skills for Veterans will provide post-9/11 veterans with the training that employers say is necessary for business growth.
Up to $1,450 will be spent per newly-hired veteran in a year’s time.
Private Texas employers will need to partner with the technical colleges in their area or the Texas Engineering Extension Service (TEEX) to participate.
The hourly wage for each veteran trained under the program must meet or exceed the prevailing wage for that occupation in the local labor market.
“The leadership, experience and skills veterans bring back home are a valuable asset to Texas employers,” Gov. Rick Perry said.
To participate in Skills for Veterans, a business must be a private, for profit business or private nonprofit hospital, employ at least one full-time permanent individual, be financially stable, be liable to pay Unemployment Insurance contributions to TWC, be in compliance with TWC’s reporting and payment requirements and accept the business and commerce code requirements.