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Complying with Changes in Legislation Fasset Presentation May to June 2008. 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?.
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Complying with Changes in Legislation Fasset Presentation May to June 2008
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?
Ask Yourself, Why Training?
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
Role of Fasset • Provision of grants • Registration of learners and learnerships • Quality assurance of training providers & assessors • Addressing skills shortages & needs
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?
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
Learnership Cash Grant • Due 31 March 2009 • Supports: • SMME’s • NLP’s • Transformation objectives • Scarce skills learnerships • Higher amount for people with disabilities
Learnership Benefits • Qualification with theory & practical • Grants • Learners exempt from SDL • Tax rebates for all learners
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
Thank YouFor queries callFasset Call Centre 086 101 0001www.fasset.org.za