Asked by Harsimran Preet on Sep 29, 2024
Which of the following statements regarding the "1 percent training law" is correct?
A) regardless of size, all companies in Quebec have to contribute to the 1 percent fund
B) information about the participation of employees in training must be documented, and detailed information must be kept on file
C) the law applies only to companies with annual revenues of $1 million or more
D) the law applies only to organizations registered to do business across Canada
1 Percent Training Law
A guideline suggesting companies invest approximately 1% of their payroll on training and development of their employees.
Annual Revenues
The total income generated by a business or organization within a fiscal year before any deductions.
- Recognize the legislative and policy structures in Canada affecting training and development.
Learning Objectives
- Recognize the legislative and policy structures in Canada affecting training and development.
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