The Human Resource Development Council, which has been set up under the HRD Act of 2003, has, interalia, been vested with the responsibility to administer, control and operate the National Training Fund. This Fund provides the necessary incentive to employers to develop their human resources.
The HRDC has come up with a revised scheme (effective as from 1st May 2012) so as to encourage more effective human resource development at the national level and to emphasise targeted training while at the same time minimise the existing loopholes in the previous system in order to provide training opportunities to the maximum number of employees.
The revised scheme aims at encouraging a targeted approach to training whereby the ultimate long term objective would be to develop a training grant system where all training conducted by firms would be based on a proper training needs analysis and a corporate training plan.
The HRDC has worked in collaboration with the Mauritius Employers’ Federation and other stakeholders in developing the revised scheme and is subject to continuous review at regular intervals.
Employers can recover up to 75% of course fees depending on their tax rate.
The training may either be run in-house or externally by training institutions registered with the Mauritius Qualifications Authority (MQA). Grants awarded by the HRDC are based on a cost-sharing principle, i.e., grants will meet only part of the costs incurred for training by employers since they are not intended to be a subsidy.