What is a Traineeship?
A traineeship is where an employee works within your business and is also studying towards a nationally recognised qualification.
In order for structured training to be considered a traineeship, a Training Contract is signed by both the employer and trainee and registered with the NSW Department of Educationand Training (DET).
Training is delivered by PTS, a Registered Training Organisation, which has to meet stringent standards to meet the requirements of the training package.
Why employ a Trainee?
- They receive "On the job" training and development
- Training is knowledge based and increases ability and effectiveness in the office
- Provides increased underpinning knowledge of Real Estate agency
Financial Incentives
Employers may be eligible to receive financial incentives from the Federal Government for employing trainees and encouraging them to increase their skills and knowledge. These incentives typically amount to $4,000 per eligible trainee.
incentives are paid in 2 stages:
Stage 1 - $ 1,500 can be claimed after the 3rd month
Stage 2 - $ 2,500 is claimed after completion
The federal incentive is used to pay for cost of training and assessment
For New Entrants (those enrolling within the first 3 months of full time employmentor 12 months of part time employment), some of PTS training and assessment fees may be paid through NSW State incentives (subject to the trainee meeting eligibility criteria). Enrolment Fees are payable to PTS for New Entrant Trainees.
For futher information the government incentives, please see the Australian Apprenticeships website at http://www.australianapprenticeships.gov.au/about/publications.asp
The Benefits - Better Trained Staff Stay Longer!
- How much does it cost you to recruit a new team member in time and money terms?
- How much more productive is a team member with 12 months experience than with 6 months?
- How much time and lost productivity does to cost to train each new member of staff?
Who can be a Trainee?
Real Estate Traineeships are available to most employees in a Real Estate Agency subject to meeting the Commonwealth Government eligibility criteria for traineeships.
What qualifications are available?
- Certificate III in Property Services (Agency) - CPP30207
- Certificate IV in Property Services (Real Estate) - CPP40307
Certificate III in Property Services (Agency) - CPP30207
- Suitable for Receptionists, Administration Staff and Office Managers
- Covers Real Estate Agency Operations
- 12 month correspondence course with assistance provided along the way by a Trainer/Assessor
- Can be combined with a NSW Registration Certificate (may incur extra cost)
Certificate IV in Property Services (Real Estate) - CPP40307
- Suitable for Sales People and Property Managers
- Covers Real Estate Agency Sales, Property Management and Operations.
- Max 24 month (Min 18 months) correspondence course with assistance provided along the way by a Trainer/Assessor
- Aligned with NSW Real Estate Licence requirements
The Federal Government Incentives can be used to subsidise other training, including:
- NSW Registration Certificate
- NSW Real Estate Licence
The Costs
- New Entrant Enrolment Fees for those enrolling in 2010 are $414. Enrolment Fees are charged per year of the traineeship period (candidate or employer can pay).
- For Existing Worker Trainees, the Federal Government Incentives are forwarded to PTS as payment for the delivery of the training and assessment program.
Call PTS TODAY to assess whether your staff members are eligible!
