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2005 Ohio Investment in TrainingOITP

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Title: 2005 Ohio Investment in TrainingOITP


1
Ohio
2
Ohios Workforce Development Program
  • Ohio has many competitive advantages for
    companies interested in growth in the North
    American marketplace.
  • Successful Business Environment
  • Wealth of Choices
  • World-Class Companies
  • Flourishing Professional and Personal Life

3
Successful Business Environment
  • Attract talent - Shrink labor costs
  • Personal income tax has been lowered 21.
  • Enhance Productivity
  • No property tax on investments in machinery and
    equipment
  • Reduce tax rates
  • No business tax on products exported out of Ohio
  • Level playing field
  • All companies taxed the same
  • Start a new enterprise
  • First 1 million in gross receipts are tax-free
  • Spend less on compliance
  • Fair, simple, equitable - lower cost of doing
    business
  • Plan accurately
  • Stable, efficient, predictable - no tax surprises

4
World-Class Company HeadquartersOhio ranked 5th
for FORTUNE 500 Companies
  • Cardinal Health
  • Dana Corporation
  • Goodyear Tire Rubber
  • KeyCorp
  • Kroger
  • NCR
  • Nationwide Insurance
  • Timken

5
Best Places to Work in USRanked by Fortune in
2005
  • J.M. Smucker
  • Procter Gamble
  • Sherwin-Williams

6
Flourishing Professional and Personal Life
  • Four distinct seasons with year-round activities
  • Superior symphony orchestras, museums, ballet and
    theatre companies
  • Cleveland Orchestra is rated as one of top 5 in
    the world
  • Finest network of state parks and scenic natural
    areas
  • World-class public and private golf courses,
    ranking 6th in the country
  • The BalletMet Dance Academy is located in
    Columbus
  • Seven major league sports teams

7
Wealth of Choices
  • 1st in the U.S. for plastics, rubber and
    electrical equipment
  • 2nd in the U.S. in the production of motor
    vehicles
  • 1st in the number of auto suppliers
  • 3 Ohio communities rank among the top 30 U.S.
    biotech locations
  • One of the top 5 fuel cell programs in the U.S.
  • 10th in the U.S. in research and development
    performance
  • 2 of the worlds top 6 polymer research programs
    are based in Ohio

8
Ohios Workforce
  • In addition to quality, Ohio also offers
    quantity. Our 5.4 million skilled and willing
    workers total more than 31 states entire
    populations.

9
Ohios Education
  • Ohio ranks 5th in the nation for the number of
    higher education institutions.

10
Technology
  • Ohio has been continuously supporting technology
    investment for more than 25 years. Ohios Third
    Frontier program, a 1.1 billion initiative, is
    committed to expanding high-tech research
    capabilities and promoting innovation and company
    formation.

11
Ohio Department of Development Training Budget
  • Annual Budget 25.7 Million 2006-07 Biennium
  • Ohio Investment in Training Program (OITP)
  • 12.2 Million General Revenue Funds
  • 8 Million Unclaimed funds
  • Third Frontier Internship Program (3rd year)
    (TFIP)
  • 5 Million per year for 3 years
  • Appalachia Training Investment Program (ATIP)
  • 500,000 per year
  • (250,000 ARC/250,000 GRF)

12
Ohio Department of Development OITP (continued)
  • The company must demonstrate an investment in
    facilities and/or equipment that may otherwise
    not be made in Ohio
  • and/or the creation of jobs or retention of job
  • The company must match dollar for dollar
  • The company must pay the wages of the employee
    during training
  • Funding formula, including
  • Projects paying less than 7.73/hr. (150 of the
    Fed. Wage Rates FWR) are not eligible
  • Projects paying at or above 150 of the FWR may
    receive between 300 to 1,000 per job
  • Bonus Distressed areas of the State receive
    either 60 - 75 reimbursement rate

13
Today, Ohio uses 10 of ASTDs training categories
to define eligible training costs.
Ohio Department of Development OITP (continued)
  • Basic Skills
  • Customer Service
  • Information Technology
  • Managerial Supervisory Skills
  • Employee Orientation
  • Product Knowledge
  • Communication Skills
  • Quality
  • Maintenance/Skilled Trades
  • Technical Process

14
10 CategoriesProjected Costs
15
10 CategoriesNumber of companies requesting
specific training
16
Ohio Department of Development 3rd Frontier
Internship Program (TFIP)
  • 5 million per year (15 million total) for
    internships in the following areas
  • Advanced Manufacturing
  • Advanced Materials
  • Bioscience
  • Information Technology
  • Instruments, Controls, and Electronics
  • Power and Propulsion

17
Ohio Department of Development Appalachia
Training Investment Program (ATIP)
  • 500,000 per year (ARC matched by GRF)
  • Grantee must be located in one of Ohios 29
    Appalachian counties
  • Assist diverse industries such as small
    manufacturers, health care, business services,
    and pilot projects

18
Ohio Department of Development Staffing
  • Central Office
  • 3 person staff for OITP
  • 5 person staff for Workforce Dev. Activities,
    i.e. Board (organizes meetings of board
    interagency committees and oversees work of
    boards committees)
  • Field Staff
  • 6 Training Coordinators
  • The administrative budget is 6 of the total
    budget

19
Ohio Department of Development Program Challenges
  • Decreased budget
  • Reduction of staff
  • Demand on program
  • Partnering the different programs so they work
    better together to provide comprehensive
    assistance
  • Senior staff retirements and knowledge loss
  • New program processes (Web based application)

20
Ohio Department of Development Contact Names and
Agency Information
  • Glenda Williamson
  • Executive Director, Governors Ohio Workforce
    Policy Board
  • Manager of Ohio Investment in Training Program
  • gwilliamson_at_odod.state.oh.us
  • Phone 614-995-3802
  • Ohio Department of Development
  • 77 South High Street, 28th Floor
  • Columbus, Ohio 43215-6130
  • Phone 614-466-4155/Fax 614-728-9135
  • Department web site www.odod.state.oh.us

21
  • Questions?

22
  • Thank You!
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