Fasset UpdateOctober 2013

Fasset Seta Pipeline Approach Fasset UpdateOctober / November 2012

Fasset UpdateSeptember / October 2013Fasset’s Strategy 2013 / 2014

Fasset is focusing on new relationships in order to extend the skills development reach in implementing a career pipeline approach

• Further Education Training (FET) Colleges

• Universities

• Addressing skills need in the public sector

• Provincial footprint, focus on rural areas

A PIVOTAL Grant will be introduced for all races, however the transformation agenda will continue to be pursued through specific interventions such as Bridging Programmes, LCG, NLRG etc.

Fasset UpdateSeptember / October 2013Flow of Funds 2013 / 2014

SDL

Paid

to S

ARS

100%

National Skills Fund 20%

Seta 80%

10% Seta Admin 0.5% QCTO

20% Mandatory Grant – due 30 April 2014

49.5% Discretionary Funding(Grants due 15 April 2014)

Unclaimed monies

Fasset UpdateSeptember / October 2013Pivotal Grant 2013/2014

• Now 49.5 % of the SDL

• 29.5% of grant may fund any learner on pivotal programme

• 20% of grant to fund Black African learners and people with disabilities

• Qualifications (degrees, diplomas), learnerships, internships – to be NQF-

registered

• Learners currently commencing, undergoing, or completing a pivotal programme

in the 2013 calendar year

• Tariffs are applicable

• Due date 15 February 2014 – to be submitted via hand delivery on Friday

Fasset UpdateSeptember / October 2013Learnership Cash Grant

Entry Grant : On registration of Black African learners on learnerships Exit Grant: On completion of Black African learners on learnerships

• SDL payers and non-levy payers

• Fasset learnership or other Seta

• 10 entry grants per employer

• 10 exit grants per employer

• Black African and learners with a disability

• Higher amount for learners with a disability

• Employers with staff complement under 150

• Due date 15 February 2014 – to be

submitted via hand delivery on Friday

Length of Learnership Entry Tariff Exit Tariff

12 month R 5,000 R 5,000

24 month R 7,000 R 13,000

36 month R 20,000 R 20,000

Fasset UpdateSeptember / October 2013NSFAS Loan Repayment Grant

Ensuring retention of learners on learnerships• 3 year learnership attracts R 60,000 grant towards NSFAS account

• Transformation in the sector: Black African learners and people with disabilities

• Learners currently commencing, undergoing, or completing a learnership in the

2013 calendar year with a Fasset employer

• Employed learner or an employer representative may apply

• Black African learners will be relieved of the NSFAS financial burden

• Salary threshold applies

• May be applied for in tranches

• Due date 15 February 2014 – to be submitted via hand delivery on Friday

Fasset UpdateSeptember / October 2013NSFAS Grant Amounts

Length Tariff Amount12 (1 year) On registration R 5,000

In month 12 of the learnership R 25,000

24 (2 year) On registration R 5,000

In month 6 of the 24-month learnership R 15,000

In month 18 of the 24-month learnership R 25,000

36 (3 year) On registration R 5,000

In month 6 of the 36-month learnership R 15,000

In month 18 of the 36-month learnership R 20,000

In month 32 of the 36-month learnership R 20,000

Fasset UpdateSeptember / October 2013Assessor and Moderator Grant

To ensure the supply of assessors of academic and workplace training• Reimbursement of the cost of training

• Maximum of R 4,500

• Assessor/moderator to be registered with Fasset in 2013

• Training can take place before 2013

• Due date 15 February 2014 – to be submitted via hand delivery on Friday

Development Projects

Designed to assist unemployed learners (NQF levels 4 – 8) and bridge the gap between theoretical learning and workplace experience• Fasset has approved 13 new projects for this year.

• Details on each project can be found on the website: www.fasset.org.za

• A tracer study to evaluate the impact of past projects has been completed and

can also be found on our website.

Focus on:• Bridging Programmes for Access to Higher Education NQF 5 (R3.6 million)

• Academic Programmes that Lead to Academic/Professional Body

Qualifications and Designations NQF 6-8 (R40 million)

• Bridging Programmes for Access to Employment NQF 6-7(R40 million)

Fasset UpdateOctober / November 2012

Fasset UpdateSeptember / October 2013Lifelong Learning Calendar

Only firms with a valid SDL number with Fasset will be able to register for the eventsThis calendar is subject to change

Please let your Fasset host have ideas for upcoming events

Month Topics Target Occupations

October 2013 Mentoring and Coaching HR (SDFs, HR Professionals)

November 2013 Conflict Management Leadership and Management (Junior and Middle Managers)

February 2014 Office Etiquette Leadership and Management (Junior and Middle Managers)

March 2014 Budget & Tax Update 2013 Legislative (All)

Fasset UpdateSeptember / October 2013Ideas for upcoming LL events?

Please let your Fasset host have ideas for upcoming events, some ideas are included below.

1. Being a SDF, planning a skills development strategy, completing grant forms

2. Office Etiquette

3. Budget and Tax 2014

4. Changes in BEE legislation and the draft BEE codes

5. Performance Management

6. Emotional Intelligence

7. How to be a trainer?

8. Business Writing

9. Compliance with Changes in Legislation 2014 Update

Fasset UpdateSeptember / October 2013Career Awareness

Communicate the number of career options within the Finance and Accounting sector through various tools

• Below the line advertising

• Career Exhibitions

• Partnerships

• Campus Brand Ambassador Campaign, currently at the following institutions:­ PE College

­ Goldfields FET College

­ Elangeni FET College

­ Gert Sibande FET College

­ University of Zululand

­ Orbit FET College

­ Waterberg FET College

­ University of Limpopo

­ Sekhukhune FET College CS Barlow Campus

­ Sekhukhune FET College CN Phatudi Campus

Fasset UpdateSeptember / October 2013Tools

• Fasset website: www.fasset.org.za

• On the website you can gain access to the following:

− Download all the application forms you are required to complete for the grants

− Latest Fasset information

− List of all the relevant Fasset contacts

− List of Fasset learnerships

− Apply for Mandatory Grant online

− Lifelong Learning calendar

Thank You

For more information please contact the Fasset Call Centre on 086 101 0001

or visit www.fasset.org.za

Fasset UpdateSeptember / October 2013