New ITO rules good for transparency, cost saving
New ITO rules good for transparency, cost saving
BusinessNZ endorses new funding rules for
Industry Training Organisations, saying they will help the
move towards more ITO cooperation and amalgamation, allowing
for a reduction in training costs borne by business and
taxpayers.
The changes announced today by the Tertiary Education Commission will also put more responsibility on ITOs to monitor and report on trainee achievement and improve the level of qualification completion.
BusinessNZ says greater transparency and focus on training outcomes will be welcomed by enterprise.
In recent consultation undertaken by the Tertiary Education Commission the business sector advocated for greater industry involvement in ITO governance, including the collective representation of industry employees and improved ability for employer and union contribution to the guidance of industry training decisions.
The inclusion of these in the new rules for ITOs has been welcomed by BusinessNZ.
ENDS