Subsidised courses for your company
At LinguaTracks we take care of the correct management of each of the steps to obtain the calculated amount /allowance for sponsorship/ to be subsidised. Your company does not have to worry about anything, we do everything for you.
On the basic level course, each student receives a €9/h allowance provided that they meet the minimum 75% attendance requirement for each course.
Private co-financing: if your company has more than 5 employees, it is obliged to assume a percentage of the total costs reported in the platform throughout the year. The platform will calculate the co-financing as follows:
(training costs + salary costs) - allowance applied.
LinguaTracks charges 10% of the total amount of the allowance as an administration fee. This amount is foreseen by the allowance itself as indirect costs. This allowance is returned to the company. In short, the real cost for the company is 0%.