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Job Training Incentive Program (JTIP)

The Job Training Incentive Program (JTIP) is designed to provide quick-response training to new or expanding businesses in New Mexico.

Under the program, financial assistance is available to help new or expanding businesses with the expense associated in training employees. The amount of funding allocated to a company is determined by the number of trainees, the wage and the hours of training needed. Training can be customized to meet the company's needs and can be classroom, on-the-job, or a combination of the two.

Program Provisions
1. Training assistance of up to 1,040 hours per trainee is available under the program. However, the O*NET (Occupational Information Network) and wage scale are used to determine training hours required. Costs are reimbursed at fifty percent (50%) of the trainee's hourly wages multiplied by the hours of training allowed. Businesses outside the city limits of Albuquerque, Santa Fe, Roswell, Las Cruces and Rio Rancho will be reimbursed at sixty percent (60%). If a company is located in an economically distressed area of New Mexico, the said company is eligible for sixty-five percent (65%). The following counties are considered economically distressed: Cibola, Mora, Guadalupe, Rio Arriba, Luna, San Miguel, McKinley, and Taos.

2. Trainees must be new hires, must have resided in the state of New Mexico for at least one year prior to enrollment into the Job Training Incentive Program, and must be eligible under the Federal Fair Labor Standards Act

3. Trainees must have completed the training in order for the business to receive funding.

4. Trainees must be full-time, permanent-part-time, or a full-time equivalent and must be hired for year-round employment to participate in the program. Trainees must be guaranteed full-time, employment upon successful completion of the training program, provided that no more than ten percent of the payments are for part-time positions.

5. Trainees must not have terminated high school within the previous three months, except through graduation.

Please see the FAQ section for frequently asked questions about the Job Incentive Training Program.

 

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