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Fasset Update October 2013

Fasset Update October 2013. Fasset Seta Pipeline Approach. Fasset Update. October / November 2012. Fasset’s Strategy 2013 / 2014. Fasset Update. September / October 2013.

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Fasset Update October 2013

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  1. Fasset Update October 2013

  2. Fasset Seta Pipeline Approach Fasset Update October / November 2012

  3. Fasset’s Strategy 2013 / 2014 Fasset Update September / October 2013 • Fasset is focusing on new relationships in order to extend the skills development reach in implementing a career pipeline approach • Further Education Training (FET) Colleges • Universities • Addressing skills need in the public sector • Provincial footprint, focus on rural areas • A PIVOTAL Grant will be introduced for all races, however the transformation agenda will continue to be pursued through specific interventions such as Bridging Programmes, LCG, NLRG etc.

  4. Flow of Funds 2013 / 2014 Fasset Update September / October 2013

  5. Pivotal Grant 2013/2014 Fasset Update September / October 2013 • Now 49.5 % of the SDL • 29.5% of grant may fund any learner on pivotal programme • 20% of grant to fund Black African learners and people with disabilities • Qualifications (degrees, diplomas), learnerships, internships – to be NQF-registered • Learners currently commencing, undergoing, or completing a pivotal programme in the 2013 calendar year • Tariffs are applicable • Due date 15 February 2014 – to be submitted via hand delivery on Friday

  6. Learnership Cash Grant Fasset Update September / October 2013 • Entry Grant : On registration of Black African learners on learnerships • Exit Grant: On completion of Black African learners on learnerships • SDL payers and non-levy payers • Fasset learnership or other Seta • 10 entry grants per employer • 10 exit grants per employer • Black African and learners with a disability • Higher amount for learners with a disability • Employers with staff complement under 150 • Due date 15 February 2014 – to be submitted via hand delivery on Friday

  7. NSFASLoan Repayment Grant Fasset Update September / October 2013 • Ensuring retention of learners on learnerships • 3 year learnership attracts R 60,000 grant towards NSFAS account • Transformation in the sector: Black African learners and people with disabilities • Learners currently commencing, undergoing, or completing a learnership in the 2013 calendar year with a Fasset employer • Employed learner or an employer representative may apply • Black African learners will be relieved of the NSFAS financial burden • Salary threshold applies • May be applied for in tranches • Due date 15 February 2014 – to be submitted via hand delivery on Friday

  8. NSFAS Grant Amounts Fasset Update September / October 2013

  9. Assessor and Moderator Grant Fasset Update September / October 2013 • To ensure the supply of assessors of academic and workplace training • Reimbursement of the cost of training • Maximum of R 4,500 • Assessor/moderator to be registered with Fasset in 2013 • Training can take place before 2013 • Due date 15 February 2014 – to be submitted via hand delivery on Friday

  10. Development Projects Fasset Update October / November 2012 • Designed to assist unemployed learners (NQF levels 4 – 8) and bridge the gap between theoretical learning and workplace experience • Fasset has approved 13 new projects for this year. • Details on each project can be found on the website: www.fasset.org.za • A tracer study to evaluate the impact of past projects has been completed and can also be found on our website. • Focus on: • Bridging Programmes for Access to Higher Education NQF 5 (R3.6 million) • Academic Programmes that Lead to Academic/Professional Body Qualifications and Designations NQF 6-8 (R40million) • Bridging Programmes for Access to Employment NQF 6-7(R40million)

  11. Lifelong Learning Calendar Fasset Update September / October 2013 Only firms with a valid SDL number with Fasset will be able to register for the events This calendar is subject to change Please let your Fasset host have ideas for upcoming events

  12. Ideas for upcoming LL events? Fasset Update September / October 2013 Please let your Fasset host have ideas for upcoming events, some ideas are included below. • Being a SDF, planning a skills development strategy, completing grant forms • Office Etiquette • Budget and Tax 2014 • Changes in BEE legislation and the draft BEE codes • Performance Management • Emotional Intelligence • How to be a trainer? • Business Writing • Compliance with Changes in Legislation 2014 Update

  13. Career Awareness Fasset Update September / October 2013 • Communicate the number of career options within the Finance and Accounting sector through various tools • Below the line advertising • Career Exhibitions • Partnerships • Campus Brand Ambassador Campaign, currently at the following institutions: • PE College • Goldfields FET College • Elangeni FET College • GertSibande FET College • University of Zululand • Orbit FET College • Waterberg FET College • University of Limpopo • Sekhukhune FET College CS Barlow Campus • Sekhukhune FET College CNPhatudi Campus

  14. Tools Fasset Update September / October 2013 • Fasset website: www.fasset.org.za • On the website you can gain access to the following: • Download all the application forms you are required to complete for the grants • Latest Fasset information • List of all the relevant Fasset contacts • List of Fasset learnerships • Apply for Mandatory Grant online • Lifelong Learning calendar

  15. Fasset Update September / October 2013 Thank You For more information please contact the Fasset Call Centre on 086 101 0001 or visit www.fasset.org.za

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