Corporate Training
For training of five or more staff members Customized Corporate Contract Training may be the most economically efficient and convenient means of providing your business and staff with necessary workforce skills to keep current in today's highly competitive market.
Let CTC's professionally trained staff help you develop a program that is catered to your business needs and desires by choosing the best available curriculum, students, location, days, and times.
Quick Start
Georgia's Quick Start program is nationally recognized for providing high-quality training services at no cost to new or expanding businesses in Georgia. Since 1967, Quick Start has provided customized training for hundreds of thousands of employees and for thousands of businesses and industries throughout the state. For more information about Quick Start, please contact Alex Ferdinand at aferdinand@chattcollege.com or 770-528-4550.
Georgia Retraining Tax Credits
http://www.georgiaquickstart.org/econdev/retrain.html
The purpose of the Retraining Tax Credit is to: 1) foster the profitability and competitiveness of Georgia’s existing businesses by encouraging workforce development through retraining tax incentives; 2) help companies offset the costs of retraining employees that are affected by the implementation of new equipment or new technology; and 3) enhance the skills of Georgia employees to enable them to successfully use new equipment, technology, or operating systems.
An eligible business enterprise may be granted tax credits against its Georgia state tax liability: 1) equal to one half of the direct cost of retraining; 2) up to $500 per approved training program per year for each full-time employee who has successfully completed an approved retraining program; and 3) up to 50 percent of the amount of the taxpayer's income tax liability for the taxable year as computed without regard to this Code.
Retraining programs that are eligible for the Retraining Tax Credit include: 1) retraining of current employees on newly installed equipment and 2) retraining of current employees on newly implemented technology, such as computer platforms, software implementation and upgrades, Total Quality Management, ISO 9000, and self-directed work teams. Not eligible is executive training, management development training, career development, personal enrichment training, etc.; cross-training of employees on equipment or technology that is not new to the company.
Certain direct costs are eligible for the Retraining Tax Credit. These costs include: 1) instructor salaries; 2) employee wages during the retraining; 3) development of retraining program; 4) materials and supplies, textbooks and manuals; 5) instructional media, such as videotapes, presentations, etc.; 6) equipment used for retraining only (not production); and 7) reasonable travel costs. Costs that are not eligible include sales taxes, training space, and employee-paid training. An employer may not receive a credit if the employer requires that the employee reimburse or pay the employer for the cost of retraining either directly or indirectly or through use of forfeiture of leave time, vacation time, or other compensable time.
To be eligible for the Retraining Tax Credit, employees must be: 1) Georgia residents; 2) first-line employees or immediate supervisor; 3) continuously employed with the company for a minimum of 16 weeks; and 4) full-time employees (employed for a minimum of 25 hours per week). Employees that are not eligible for the Retraining Tax Credit include executives, management, partners, etc. (above first-line supervisors).
For more information about Georgia Retraining Tax Credits, please contact Alex Ferdinand at aferdinand@chattcollege.com or 770-528-4550 or visit their website at http://www.georgiaquickstart.org/econdev/retrain.html.