The Victorian Government has recognised that workforce planning is a major issue for businesses in growing profitably.
To this end, the Government has created the My Business, My People initiative to help businesses with five to 100 employees in their workforce planning.
The Government has allocated $10.6 million over four years to the project which was launched by the Minister for Small Business, Theo Theophanous, in March 2007.
The program is divided into three main components:
• A free on-site workforce planning diagnostic where a business consultant attends the workplace
• An action plan on how the business can be improved through workforce planning
• A program to develop management capabilities where up to 50% subsidies are available for the development of management skills, training needs and developing the capabilities of owners and managers
Depending on the size of the business, the initial part of the program is valued at approximately $5,000. The only investment from a business standpoint is time for the consultant to conduct the workforce planning diagnostic, go through the action plan with the business owner or manager, and outline the components of the subsidies and how they can be accessed.
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