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Labour Law Update 2008 Fasset Presentation August to September 2008

Labour Law Update 2008 Fasset Presentation August to September 2008. Investment in Training. The average spend as a % of payroll in Europe 6 – 8 % USA 5% South Africa pre-1994 – 0.5% South Africa 2002 – 2.1% South Africa 2006 – 3% Accounting increasingly employing foreign learners.

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Labour Law Update 2008 Fasset Presentation August to September 2008

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  1. Labour Law Update 2008 Fasset Presentation August to September 2008

  2. Investment in Training • The average spend as a % of payroll in • Europe 6 – 8 % • USA 5% • South Africa pre-1994 – 0.5% • South Africa 2002 – 2.1% • South Africa 2006 – 3% • Accounting increasingly employing foreign learners

  3. Reasons for Scarce Skills

  4. Scarce Skills

  5. Sector Profile

  6. Changes in Employment 2005 – 2007

  7. Labour Demand Projections 2007-12

  8. Learner Support Strategies • Academic interventions • Non-academic and personal support • Student-to-student support • Interventions for lecturers • Bursaries and grants

  9. Learnership Cash Grant • Due 31 March 2009 - 2008 calendar year • SMME’s • NLP’s • Transformation objectives • Scarce skills learnerships • Higher amount for people with disabilities - R27,000 vs R47,250

  10. Fasset Learnerships Examples

  11. Strategic Cash Grant • Maximum of 20% of the SDL for expenses • Due 31 March 2009 for training in the period 1 January to 31 December 2008 • 3 common claim – six areas available: • Internal bursaries (for employed staff) • External bursaries (for unemployed people) • Workplace experience

  12. Free Training • August 2008 • Labour Law Update 2008 • Assessor Training • September 2008 • Labour Law Update 2008 • October 2008 • Performance Management • Managing Time & Stress Effectively • November 2008 • Managing Time & Stress Effectively • Talent Management • March • Budget & Tax Update • February 2009 • Mentoring & Coaching • April • Budget & Tax Update • Introduction to the Role of the Skills Development Facilitator Register www.fasset.org.za

  13. Seta Benefits

  14. Estimation of Benefits Example

  15. Development Projects • Geared towards addressing the poor demographic profile within the sector. • The current workplace readiness projects : • Bonani – accounting • Thusanani – non-accounting • Thuthuka Programmes • University of Fort Hare Postgraduate • Full time CTA Programme • ORT CAT Work Readiness Programme

  16. Thank YouFor queries callFasset Call Centre 086 101 0001www.fasset.org.za

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