Training for Companies

Company training activities are those that companies themselves plan and manage for their employees; they are funded using the training allowance allocated to each company based on its workforce.

This training initiative also includes Individual Training Permits, which allow employees to complete training activities recognized by an official qualification, at no cost to the company where they work.

Companies have access to a loan to finance their employees’ training. This loan is obtained by applying the percentage established annually to the amount paid by each company in the previous year as a vocational training fee.

According to the latest data, 82% of institutions in Spain do not use the Subsidized Continuing Education Funds made available to them by the State, primarily due to a lack of information regarding the aid. Spanish companies have various channels available to subsidize their employees’ training, such as the Subsidized Continuing Education Funds, which come from the Social Security contributions of companies and employees—the company contributes 0.60% of the contribution base and the employee contributes 0.10%—but they do not use them.