The educational allowance enables companies to strategically support their employees' professional development. The employer either covers or subsidizes costs for continuing education, seminars, workshops, or online courses that are relevant to employees' current or future roles. Whether it's soft skills, technical specialization, or digital competencies – investing in knowledge pays off. After all, well-qualified employees not only work more efficiently but also feel more valued and develop a stronger long-term commitment to the company.
The education subsidy is legally regulated under Section 3 No. 19 of the Income Tax Act. The support is tax-exempt when the educational measure primarily serves the company's interests and improves the employee's job capabilities. Eligible measures include:
- Registration Fees for External Training Programs
- Professional Literature and Digital Learning Resources
- Travel and accommodation expenses related to educational activities
- Language courses or part-time degree programs
An educational grant is more than just a financial benefit—it demonstrates a company's investment in its employees' future. Particularly in times of skilled labor shortages and rapid technological advancement, continuous learning has become a crucial competitive advantage. Companies that actively support professional development foster a culture that embraces learning, strengthen their innovative capacity, and make themselves especially attractive to new talent.