Fara á efnissvæði

The Fund’s Criteria for Management Training

Management training (also known as leadership coaching) involves supporting managers and leaders in strengthening their skills when it comes to management, decision making, and communication. The training can be carried out in one-on-one training or group sessions that aim to increase performance and develop leadership.


According to the rules of the Trade and Office Workers’ Training Fund, management training and work-related coaching qualifies for grants under work-related self-improvement, even though life coaching does not fall under the general criteria for courses and training.


Criteria for subsidy of one-on-one training – maximum 12 hours per year:


• The training must be work-related.
• The number of hours must be listed on the invoice.
• Other life coaching that is not work-related does not qualify for grants.
• Information on the management training must be accessible.

For subsidy of management training in the form of a course or a lecture, the training must fall under the Fund’s definition of a course.


• Defined beginning and end.
• Information on the course accessible and clear.
• The course must follow a predetermined schedule or definition.
• Similar courses are available for purchase by other companies

The Fund’s definition of what constitutes as management training


Management training or leadership training is a process that includes organised education and training to improve the competence, knowledge, and skills of managers employed by companies or institutions. The objective of management training is to develop leadership skills, improve the decision-making process, increase management productivity, and improve communication skills.


Principal elements of management training and related courses must be common and compatible with:


1. Leadership training – Training in team management, employee empowerment, and in establishing a successful workplace culture.
2. Communication skills – To improve listening skills, dispute resolution, and impactful communication.
3. Policy formulation and decision making – To learn how to set clear goals, assess situations, and make efficient decisions.
4. Teamwork and project management – To organise, prioritise tasks, and delegate responsibilities within groups.
5. Performance management – To measure and improve performance of employees and organisations.
6. Change management – To lead companies and groups through changes in a successful manner.
7. Self-knowledge and self-control – To develop discipline, emotional intelligence, and stress management.

Workshops related to strategic planning within companies or company vision, do not fall under the definition of a course because their focus is on defining, assessing, and interpreting internal operations and possible remedies.