Free Guide to the FUNDAELearn How to Reclaim the Cost of Training
What is the Fundae
The State Foundation for employment Training (FUNDAE) is a Spanish governmental foundation charged with promoting and coordinating the implementation of public policies on professional training.
Each company will have a certain amount of credit available to them each year
Credit is calculated based on the companies social security contributions
Credit can be used for professional workplace training
How do I know how much credit my company has available?
A percentage of the social security payments made by a company are set aside by the government in a fund to be used specifically for professional workplace training.
Ask your gestor for the "Cuota formación profesional" of your company for the previous year
Find out how many employees the company has
With those 2 figures goto the Fundae website and use the Simulador de Credito at: https://empresas.fundae.es/Lanzadera
How can I use my credit?
A company can utilise the credit available for relevant professional workplace training. There is a process as below:
Organise a course and communciate the details via the Fundae web portal
Complete payment for the course to the provider
Complete the training and reclaim the cost
How is the cost reclaimed?
Up to 100% of the cost of the training course can be relaimed depending on the credit available to your company. The cost is refunded via discounted future social security payments a company mmakes on behalf of its employees. There is a process to complete as below:
Complete and retain Fundae paperwork including participant details and feedback forms
Communicate course completion via the Fundae web portal
Select during which period your company wants to receive the refund via the Fundae web portal
Important points to consider
It is important that a company follows the Fundae regulations with regard to organising a course and reclaiming the cost. Remember:
The course details must be communicated to the Fundae at least 7 days prior to course start date
Training must be completed during employees normal working hours
The invoice must be paid before the cost can be reclaimed
Would you like to organse a course?
We make the process of organising a first aid course easy and stress free. Simply call us or request an online quotation.