Pool of funds for skills development Sample Clauses

Pool of funds for skills development. § 1 Strategic skills development is an important tool in making employees and companies well positioned for the transformation and professional development required in the financial sector of the future. To the individual employee, regular skills development is important to maintain or increase his/her own possibilities in the financial sector of the future. The companies must pay DKK 350 semi-annually per employee covered by the collective agreements between the FA and the Finansforbundet Denmark or covered by the corporate collective agreements concluded under the general agreement between the FA and Finansforbundet. The pool of funds is managed by a board with equal representation from both parties which determines the overall use of the funds based on sector development and with a view to strengthening the employ- ees' job and career opportunities as well as transparency and documentation principles. The board is chaired by Financial Services Union Denmark, which must also provide secretariat assistance and manage the pool of funds. Contributions must be paid semi-annually together with the company's pay- ment of its education contribution.
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Pool of funds for skills development. Article 1 Strategic skills development is an important tool in making employees and companies well positioned for the transformation and professional development required in the financial sector of the future. To the individual employee, regular skills development is important to maintain or increase his/her own possibilities in the financial sector of the future. The companies will pay into a pool per employee covered by the collective agreements between the FA and the Financial Services Union Denmark or covered by the corporate collective agreements con- cluded under the general agreement between the FA and financial Services Union Denmark. Employ- ees with a monthly salary of on 1 April 2023 exceeding DKK 76,500 plus the value of the special Holi- day supplement stated in the collective agreement, holidays agreed in accordance with the collective agreement, care days and the employer's pension contribution are not subject to any contributions. As at on 1 july 2023, the monthly salary will be raised to DKK 79,950, and on 1 july 2024 the monthly xxx- ary will be raised to DKK 82,900. The rate shall be: • DKK 700 at 1 july 2022 • DKK 730 at 1 july 2023 • DKK 755 at 1 july 2024 The pool of funds is managed by a board with equal representation from both parties, which deter- mines the overall use of the funds based on sector development and with a view to strengthening the employees' job and career opportunities as well as transparency and documentation principles. xxxxx- cial Services Union Denmark supports the staff, provides secretarial assistance and manages the pool. Contributions are paid every six months and the business pays its education contributions.
Sample 1
Pool of funds for skills development. Strategic skills development is an important tool in making employees and companies well positioned for the transformation and professional development required in the financial sector of the future. To the individual employee, regular skills development is important to maintain or increase his/her own possi- bilities in the financial sector of the future. For this purpose, a pool of funds is created for skills development. The companies must pay DKK 225 semi-annually per employee covered by the collective agreements between the FA and the Financial Services Union Denmark or covered by the corporate collective agreements concluded under the gen- eral agreement between the FA and Financial Services Union Denmark. The objective of the pool of funds is to upgrade the general skills of employees within the financial sector. The funds earmarked for skills development must first and foremost be used for relevant pro- fessional skills development which will strengthen the companies and the employees' employability. Employability contributes to the employees' market value and security and further contributes to the companies' growth and competitiveness. Where relevant, the funds may also be used for personal skills development purposes. The pool of funds is managed by a board with equal representation from both parties which determines the overall use of the funds based on sector development and with a view to strengthening the em- ployees' job and career opportunities as well as transparency and documentation principles. The board is chaired by Financial Services Union Denmark, which must also provide secretariat assistance and manage the pool of funds. Contributions must be paid semi-annually together with the company's payment of its education contribution. This protocol may be terminated by either party in connection with the termination of the standard col- lective agreement at the next following central collective bargaining, if the intention behind the pool agreement in the opinion of the terminating party is not sufficiently promoted. As the pool of funds is financed within the framework at the renewal of collective agreements in 2014, this means that if the protocol terminates, the total annual amount of DKK 450 per employee will be in- cluded as a negative amount in the next collective bargaining.
Sample 1

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