Businesses Can Qualify For $50,000 To Retain Employees

TAMPA, FL — CareerSource Tampa Bay announces open enrollment for its Incumbent Worker Training program for 2021.

Employers can qualify for $50,000 in matching funds for Incumbent Worker Training. There is a total of $500,000 available. The funds can be used to hire employees that are full time, focusing on industry or business-specific skills, technical or computer skills, foundational such as leadership, teamwork or management.

Incumbent Worker Training is designed for employers to assist in training their current workforce to expand their business offerings, offer promotional or hirer pay to incumbent workers, or to reduce turnover. The program is also designed to upgrade an employer’s existing team’s skills to improve retention and advancement, with financial assistance provided through the Workforce Innovation and Opportunity Act.

“CSTB recognizes that utilizing Incumbent Worker Training funds will help businesses stay competitive and expand in our region,” said CSTB CEO John Flanagan. “We know there is a demand in the business community for this type of training assistance.”

“Incumbent Worker Training has become very popular amongst established companies in Hillsborough County,” said CSTB business services director, Dan Schneckenburger. “In this COVID-19 recovery period, it is even more important for businesses to provide a better-skilled workforce and retain their valuable employees.”

To access an online application, click here.