In a previous post, we introduced the Small Business Employee Training (SBET) program developed by the Louisiana Workforce Commission. We talked about the benefits of the program, the type of training that is eligible for reimbursement, where training can be held and related issues.
Here, we will answer more frequently asked questions about the SBET program.
When are employers reimbursed for training expenses?
According to the Louisiana Workforce Commission, the training must occur first. Then, the employer must submit the appropriate documentation to the Louisiana Workforce Commission. After this, the employer can expect to be reimbursed for the training expenses.
Which businesses are eligible to participate?
Among other things, the business must have been operating in Louisiana for at least three years to be eligible to participate in the SBET program. In addition, it must contain fewer than 50 employees and it must comply with the state’s unemployment insurance tax requirements.
What is the step-by-step process for participating in SBET?
- The employer determines the type of training that is required, which will depend on the particular industry and the particular needs of the employees.
- The employer chooses a training resource, which can be either a public or private training provider.
- The employer submits a SBET application and documentation.
- The Louisiana Workforce Commission reviews and approves the application.
- Training commences.
- The employer submits documentation to prove that training has been completed and paid for.
- The Louisiana Workforce Commission reimburses the expenses (up to the allowable limit).
The bottom line is that the SBET program is a valuable resource for small businesses in a wide array of industries. It is worthwhile for employers to consider this cost-effective option for improving employees’ skill levels and abilities.