Financing20 October 2022 2023-06-06 12:47
Different ways of
Depending on your status, you can get your training financed in a number of different ways. In short, the main options are:
- Employees: can get financing through the CPF (Compte Personnel de Formation)
- Companies: can get financing through their OPCO (Opérateur de Compétence)
- Non-salaried workers: (Company owners, independent specialists, auto-entrepreneurs) – can get financing through their FAF (Fond d’Assurance Formation)
Compte Personnel de Formation (CPF)
WHAT IT IS?: All French employees have a personal fund to undertake any training they wish. Previously known as the DIF (Droit Individuel à la formation). If you are a salaried employee, an individual entrepreneur, or currently unemployed, you are eligible for the CPF. Each year money is deposited into your training account which can be used for any eligible training course.
ELIGIBLE TRAINING : Qualified training organisations offer programmes on the CPF website. Training organisations must go through a rigorous audit to ensure that they are a good quality establishment. Once approved, they are able to advertise programmes on the moncompteformation.gouv.fr website.
CERTIFIED EXAM: Every training programme requires that their students complete a certified exam.. For English, currently the TOEIC exam is the approved test.
OTHER INFORMATION: CPF training courses are normally done outside of working hours (compared to OPCO training). However, speak with your company to verify their policy.
ELC and CPF: View ELC’s English programmes on the CPF platform.
Not registered? Click here to register and start using your funds.
Have questions? Click to contact us to discuss your questions.
Opérateurs de Compétences (OPCO)
WHAT ARE THEY?: OPCOs work with businesses to finance relevant vocational training for their employees.. There are 11 different OPCOs in France. Each deals with different industries and specialities. Every company will have a specific OPCO, which can be found using your SIRET or the number of your National Collective Bargaining Agreement.
ELIGIBLE TRAINING: A qualified team is a productive team. OPCOs finance training that leads to more professional, qualified, and competent workers for your company. From apprenticeships to general business skills, there is a wide range of options, depending on the sector.
IS ENGLISH ELIGIBLE? : In most cases, yes! English is a very valuable and required skill for many jobs in most industries. Most companies are eligible to train their employees in English and have their programme financed for them. Check with your particular OPCO today.
OTHER INFORMATION: OPCO training courses are normally done within working hours (compared to CPF training).
What is my OPCO? Enter your SIRET number here to know which OPCO you depend on.
Any questions? Click here to ask us.
Fond d’Assurance Formation (FAF)
WHAT ARE THEY? : FAFs work with small business owners and auto-entrepreneurs (travailleurs non-salariés/indépendants) to finance their training. There are different FAFs in France, depending on their sector of activity. Eligible workers can benefit from the fund if they have contributed to the fund. Your FAF can be found using your NAF or APE code.
ELIGIBLE TRAINING: A qualified business owner is a productive business owner. Training can relate to areas such as management training, business creation, or sector-specific skills and certifications. Each FAF has eligibility criteria for approved training relevant to its specific sector of activity.
IS ENGLISH ELIGIBLE? : In many cases, yes! English is a very valuable and required skill for many jobs in most industries. For many business owners and auto-entrepreneurs, English is a relevant and/or crucial business skill, especially in bigger cities. Check with your particular FAF today