The Fundación Estatal para la Formación en el Empleo, better known as FUNDAE, is a Spanish entity whose main objective is to promote and coordinate vocational training in the workplace. FUNDAE’s management is crucial for companies to take advantage of subsidized training opportunities, improve the skills of their employees and, consequently, increase competitiveness and productivity. How FUNDAE’s management of in-company training works:
Introduction to FUNDAE
Objectives of FUNDAE.
- Promoting vocational training. FUNDAE focuses on promoting continuous on-the-job training, ensuring that both the employed and unemployed have access to training programs that improve their skills.
- Improving employability. Through its programs, FUNDAE seeks to increase the employability of workers, adapting their skills to the demands of the labor market.
- Promoting competitiveness. Continuous training allows companies to be more competitive by having highly qualified personnel.
The training subsidized by FUNDAE is financed through social security contributions made by both workers and employers. This model ensures a constant fund for training.
Types of training managed by FUNDAE
Training programmed by companies.
- Description. Companies can organize their own training courses for employees. These courses are tailored to the specific needs of the company.
- Allowances. Companies can deduct the costs of this training from their social security contributions.
Individual training permits (PIF).
- Description. Employees can request paid leave to attend courses to improve their training and professional qualifications.
- Allowances. Companies can subsidize the salary costs of these leaves.
Offered training.
- Description. This refers to free training courses offered to workers and the unemployed, financed with public funds.
- Access. Workers are free to enroll in these courses.
Management procedure for programmed training
Identification of training needs
- Internal analysis. Companies must conduct an analysis of the training needs of their employees. This includes identifying the skills and competencies to be improved.
- Planning. Based on the analysis, a training program should be planned that is aligned with the company’s strategic objectives.
FUNDAE Registration.
- Access to the platform. Companies must register on the FUNDAE platform to manage training actions.
- Required data. Data of the company and the participants in the training must be provided.
Communication of the training actions.
- Anticipation. Training actions must be communicated to FUNDAE sufficiently in advance, specifying the details of the course (contents, dates, duration, etc.).
- Modifications. Any modification in the training actions must be communicated and justified to FUNDAE.
Execution of the training.
- Execution of the courses. The courses must be carried out as planned. They can be given by internal or external trainers.
- Control and follow-up. A detailed record must be kept of the attendance and use of the participants.
Justification and bonus.
- Required documentation. At the end of the training, the company must submit supporting documentation (attendance lists, invoices, etc.).
- Application of the bonus. The company can deduct the costs of the training from the social security contributions of the month following the end of the course.
Benefits of proper FUNDAE training management
Improvements in personnel qualification.
- Updating of knowledge. Continuous training allows employees to update and improve their knowledge and skills.
- Motivation and satisfaction. The possibility of receiving training improves employee motivation and job satisfaction.
Increased business competitiveness.
- Productivity. More qualified employees contribute to increase the company’s productivity.
- Adaptation to the market. Training allows the company to adapt quickly to market changes and demands.
Economic advantages.
- Discounts. The possibility of subsidizing training costs represents a significant saving for companies.
- Return on investment. The improvement in personnel qualification and business competitiveness entails a return on investment in the medium and long term.
Challenges and considerations
Administrative management.
- Complexity. The management of training through FUNDAE can be complex due to administrative requirements and procedures.
- Resources. It is necessary to dedicate resources (time, personnel) to properly manage training programs.
Impact evaluation.
- Measurement. Evaluating the real impact of training on improving skills and productivity can be challenging.
- Monitoring. It is important to implement monitoring and evaluation systems to measure the results of training.
FUNDAE’s management of in-company training is a valuable tool for promoting staff skills and competitiveness. Although the management process can be complex, the benefits in terms of improved staff skills, increased business competitiveness and economic advantages make it worthwhile. Companies should carry out an exhaustive analysis of their training needs, plan and execute training actions properly and take advantage of available subsidies to maximize the return on investment in training.
