Companies Engaging in Dual VET: Do Financial Incentives Matter?
What is the Purpose of the Discussion Note?
The discussion note aims to foster a well-informed and differentiated discussion of the topic in the context of development cooperation. It offers basic information and outlines a set of key questions that helps structuring the analysis of a specific country/context.
Who Does Benefit from the Publication?
The discussion note supports donors, project collaborators and other stakeholders in the field of VET when dealing with the topic of (financial) incentives for companies.
Who is Behind it?
The discussion note has been written by Mag. Kurt Schmid (ibw Austria – Research & Development in VET), on behalf of the DC dVET.
What Does the Discussion Note Provide?
The discussion note
- outlines basic design options for financial subsidies, without assessing their potential advantages and drawbacks;
- reflects on the pros and cons of providing financial support to training companies and summarizes the key questions to be taken into consideration when making an assessment;
- presents the approaches regarding incentive schemes from the following countries:
– the DC dVET member countries, i.e. Austria, Germany, Liechtenstein and Switzerland; and
– two European countries that have recently introduced dual elements into their VET systems, i.e. Slovak Republic and Hungary.
Voices from the Field
Explore some reflections from practitioners on the topic of financial incentives:
Interview on Financial Incentives for Companies to Engage in Dual VET in Serbia
During the last years, Serbia has been implementing a far-reaching reform of its VET system, including the introduction of dual elements. Austria, Germany and Switzerland have been supporting Serbia in this process. In 2017, the three countries signed a Memorandum of Understanding to further enforce their strong collaboration on site. In the frame of their projects, all three partners have been confronted with the question if paying financial incentives is an appropriate measure to engage companies in dual VET in the Serbian context. Learn more about their opinion in our interview with them.