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Latest Trends in Recruitment & Selection Fasset Presentation July 2008

Stay ahead by exploring the latest trends in recruitment and selection strategies for effective hiring. Gain insights into sector profile changes, scarce skills challenges, learner support strategies, and employment projections in this presentation.

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Latest Trends in Recruitment & Selection Fasset Presentation July 2008

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  1. Latest Trends in Recruitment & Selection Fasset Presentation July 2008

  2. Did you know….? • 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 • Increase in employment of foreign learners

  3. Reasons for Scarce Skills

  4. Scarce Skills

  5. Scarce Skills Continued

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

  7. Sector Profile

  8. Changes in Employment 2005 – 2007

  9. Employment Expectations 2007-12

  10. Labour Demand Projections 2007-12

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

  12. 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 • Common claim areas: • Internal bursaries (for employed staff) • External bursaries (for unemployed people) • Workplace experience

  13. Grant Calculation Example • Annual Payroll R 2,300,000 • SDL 1% R 23,000 • Mandatory Grant 50% R11,500 • Strategic Cash Grant 20% R4,600 • FSA assistance in MG, not SCG

  14. Free Training • July • Latest Trends in Recruitment & Selection • August • Labour Law Update 2008 • September • Labour Law Update 2008 • Performance Management • October • Managing Time & Stress Effectively • November • Managing Time & Stress Effectively • Return on Investment / Train the Trainer? Register www.fasset.org.za

  15. Seta Benefits

  16. Estimation of Benefits Example

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

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