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Investor Presentaiton

COJG Assessment Tool - Tiers . • • The COJG applications are sorted into tiers to ensure that funded applications are in line with ministry strategic priorities. Tier 1 is defined as any training which will result in a new or better job (includes retaining employees who have received a formal notice of layoff) and is the first approved application for the employer in the last 6 months. Tier 2 is defined as any training that will lead to a new or better job but the employer has had an approved COJG application in the past 6 months or the incumbent employee will not receive an increase in wage or change in position. Tier 2 applications will only be funded if there is funding remaining after Tier 1 applications are funded. Tier 3 is defined as an application that supports incumbent employees with the training cost per trainee below $500 and under 1 week in duration or the employee is required to have the training due to legislation, regulation or policy. For applicants in Tier 3, consideration will be only given if there are no pending applications in Tier 1 & 2, and availability of COJG budget. 18 Canada-Ontario Job Grant- Employer Overview Presentation Ontario
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