1 labour law update 2008 fasset presentation august to september 2008
TRANSCRIPT
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Labour Law Update 2008
Fasset PresentationAugust to September 2008
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• 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
Investment in Training
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Reasons for Scarce Skills
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Scarce Skills
OFO Code Occupation
Employment2007*
Retentionproblems
VacancyRates**
Upwardpressure
onSalaries
MANAGERS
135 Information and Communication Technology (ICT) Managers
135102 ICT Project Manager 190 √ 5.9
PROFESSIONALS
221 Accountants, Auditors and Company Secretaries
221100 Trainee Accountant 13 910 √ 6.1 √
221101 Accountant (General) 13 300 √ 6.1 √
221203 External Auditor 2 880 √ 15.9 √
221204 Internal Auditor 580 8.3
223 Human Resource and Training Professionals
223101 Human Resource Advisor 110 7.3
223301 Training and Development Professional 260 5.9
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Sector Profile
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Changes in Employment 2005 – 2007
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Labour Demand Projections 2007-12
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Learner Support Strategies
• Academic interventions• Non-academic and personal support• Student-to-student support• Interventions for lecturers• Bursaries and grants
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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
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Fasset Learnerships Examples
Title NQF Professional Body
Chartered Management Accounting
7 Chartered Institute of Management Accountants
Chartered Accountant 7 South African Institute of Chartered Accountants
Registered Bookkeeper 4 Institute of Certified Bookkeepers
National Diploma Technical Financial Accountant
5 Institute of Certified Bookkeepers
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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
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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
February 2009• Mentoring & Coaching
March • Budget & Tax Update
April • Budget & Tax Update• Introduction to the Role of the
Skills Development FacilitatorRegister
www.fasset.org.za
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Seta Benefits
Fasset Merseta Bankseta W&R Fieta CTFL
Discretionary Grant
Lifelong Learning
ABET
Voucher Scheme
Workplace Readiness
Employee Development
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Estimation of Benefits Example
Fasset Initiative Estimate Value
Mandatory Grant 50% SDL (R23K) R 11,500
Strategic Cash Grant 20% R 4,600
ABET – 1 learner R 5,000
Learnership Cash Grant – 3 trainees R 81,000
Fasset Skill Advisors R 2,000
Lifelong Learning – 12 events R 24,000
Total R 128,100
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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
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Thank YouFor queries call
Fasset Call Centre
086 101 0001
www.fasset.org.za
Thank YouFor queries call
Fasset Call Centre
086 101 0001
www.fasset.org.za