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The financial investment in training rate (taux de participation financière à la formation - TPF)

Last update : 08.12.2014

Definition

In Luxembourg, companies may seek financial support from the State for their investment in continuing vocational training. The co-funding requests that they submit contain a qualitative and quantitative description of the implemented training plan. Company training investment indicators are analysed in this context.

The financial investment in training rate (taux de participation financière à la formation - TPF) is the direct investment in training divided by the gross total wage bill.

Source: INFPC, Training Observatory (Observatoire de la Formation) - Formastat 2012