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Navigating Legislation Changes - Fasset Presentation Q2 2008

Explore the impact of legislative changes on training spend, scarce skills, and funding allocation in the Fasset sector. Learn about Skills Development Act benefits, learnership grants, and upcoming training events. Stay informed and compliant!

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Navigating Legislation Changes - Fasset Presentation Q2 2008

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  1. Complying with Changes in Legislation Fasset Presentation May to June 2008

  2. Did you know….? • The average spend as a % of payroll in • A European company is 6-8% • A USA company is 5% • In South Africa is about 0,5% • Are we spending more on training? • In SA we import welders from Malaysia?

  3. Ask Yourself, Why Training?

  4. Skills Development Act Purpose • Develop skills of SA workforce •  investment in education & training • Encourage employers to use workplace as active learning environment • Provide opportunities for employees to acquire new skills

  5. Role of Fasset • Provision of grants • Registration of learners and learnerships • Quality assurance of training providers & assessors • Addressing skills shortages & needs

  6. Scarce & Critical Skills • Scarce skills • People to fill job vacancies • Critical skills • Specific skill that is ‘critical’ to the full functioning of a person in their job • How are scarce and critical skills supported?

  7. Money-Go-Round 100% Paid to SARS Allocated to relevant Seta 20% 80% National Skills Fund Department of Labour 70% Available for Grants 10% Unclaimed SDL goes into discretionary projects decided by the Management Board Seta Admin 20% 50% Strategic Cash Grant 31 March Mandatory Grant 30 June

  8. Learnership Cash Grant • Due 31 March 2009 • Supports: • SMME’s • NLP’s • Transformation objectives • Scarce skills learnerships • Higher amount for people with disabilities

  9. Learnership Benefits • Qualification with theory & practical • Grants • Learners exempt from SDL • Tax rebates for all learners

  10. Fasset Learnerships Examples

  11. Free Training • May • Changes in Legislation • Assessor Networking Event • June • Changes in Legislation • July • Latest Trends in Recruitment & Selection • Assessor Training • August • Labour Law Update • September • Labour Law Update • Performance Management • October • Emotional Intelligence • November • Mentoring and Coaching Register www.fasset.org.za

  12. Fasset Benefits Summary

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

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