If you are a sponsoring business and have been operating in Australia for more than 12 months, you will need to demonstrate that you meet a benchmark of providing training opportunities for Australian citizens or permanent residents.
The amount you are required to commit depends on your annual payroll.
There are two types of training benchmarks, A and B.
Training Benchmark A
To meet training benchmark A, you must contribute equivalent of 2% of your annual payroll in an industry training fund.
Training Benchmark B
To meet training benchmark B, you must spend equivalent of 1% of your annual payroll towards training your Australian citizen or permanent resident employees. This can be internal or external training.
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