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Three Reasons to Invest in Employee Training

Training is defined as teaching or developing oneself in any skills or knowledge with goals of improving one’s capability, capacity, productivity, and performance. There are two types of employee training: onboarding and continued. Onboarding training introduces the employee to their position, as well as company inner workings. Continued training is education that employees complete throughout their employment, which ensures they continue learning new skills throughout their career.

Both onboarding and continued training are worth investing in for employees. Here’s why:

  1. Continued employee training is an investment not only in the employee, but in the company as a whole. Continued education can help employees bring new ideas to their role, which further advances the company overall. When people have the skills and knowledge to do their jobs, they are more productive. They work independently, innovate, and meet challenges as they come up. In a global economy that continues to evolve, the most successful companies will be those that adapt quickly and effectively. This starts with training employees in new skills and furthering their market education.
  2. Both initial onboarding training and continued training are crucial in an employee’s success and allow employees to advance in their career. Continuous employee training increases agility by encouraging them to think and understand quickly. One of the key reasons for training employees is that it keeps their knowledge fresh, their skills sharp, and their confidence booming. When your existing employees see that you’re investing in their growth, they can become more engaged in their work.
  3. Employee training is good for company culture. When employees are continuing their education together, it fosters collaboration and engagement. Each employee comes into the company with different levels of experience. Collaborative education allows employees to brainstorm together and bring new education into the mix. A learning culture supports market adaptation, innovation, and boosts overall employee engagement.

How does JetCo Federal incorporate training into our company culture?

At JetCo Federal, we recognize the importance of investing in our employees. We have implemented a strong training plan with a learning management platform and incorporate designated time for training.

We push our employees to be their best selves, both personally and professionally. We give them tools for personal financial sustainability, and we charge them with building professional development plans we can support. We believe our employees are the core of our success.

To read more about what we offer our employees, visit our career page.

 

VETS-4212 and Contracting Compliance

If you’re a prime government contractor, or even a subcontractor, the term VETS-4212 might be familiar to you. While it’s one of the many FAR clauses that can be in a solicitation, VETS-4212 acts as a good example when it comes to government contracting and compliance within the government sales process. Before we dive into the importance of compliance and communicating flowdown clauses, let’s first take a look at VETS-4212.

VETS-4212

VETS-4212 is an annual report that is required to be filed by the U.S. Department of Labor (DOL) Veterans’ Employment and Training Services, or VETS. The VETS-4212 annual submission form must be filed by all federal contractors and subcontractors who enter into a contract larger than $150,000 with any department or agency of the United States for the procurement of personal property and non-personal services (including construction).

The annual filing period for VETS-4212 is August 1 – September 30, and the form can be filed at the Department of Labor website or mailed in. Filing online is preferred by the DOL and also allows for batch filing if you need to file for multiple locations.

Contracting Compliance

Why bring up VETS-4212? VETS-4212 is a good example of a flowdown clause that must be communicated between prime contractors and subcontractors. As a prime contractor on many government solicitations, it’s extremely important at JetCo Federal that we take precautions in understanding what FAR clauses and regulations need to be realized by our suppliers.

This is why maintaining relationships and having open communication with our suppliers is core to our business. We candidly talk about payment terms, flowdown clauses, and expectations when we’re working with our suppliers to ensure compliance within the complex structure of government solicitations. This style of communication, in addition to our prompt payments, has cemented us as a priority customer for our suppliers.

The VETS-4212 annual submission is no exception and must be discussed anytime a solicitation lists FAR Clause 522.222-37 or is over the $150,000 threshold. This is why with every contract we enter into, we develop a contract compliance matrix to ensure all requirements are met and all reporting needs are noted and clearly communicated.

Contract compliance can be a time consuming and confusing aspect of any government opportunity. It’s important that compliance, specifically when it comes to flowdowns and subcontractors, is clearly communicated and approached efficiently so that suppliers can do what they do best while we handle the fine print of government solicitations.

Are you a highly qualified supplier interested in working as a subcontractor on a government solicitation? Contact us to learn more.