Fasset UpdateOctober to November 2011

Sector Skills Plan Update 2012/13

• This SSP contains the blueprint for the Fasset's strategy and activities for NSDS III for the financial year from 1 April 2012 to 31 March 2013.

• Document was submitted to DHET by 30 September 2011.

• The updated document is available on Fasset’s website: www.fasset.org.za

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Scarce Skills

• Positions that remain unfilled for prolonged periods of time

• People required to fill ongoing employment vacancies

• 79% professional occupations

• Examples include: trainee accountants and auditors, bookkeepers, accounting technicians, general accountants, financial officers, supply chain professionals

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Grants for 2011 and 2012

GrantImplementation Year 2011 (Jan to Dec)

Implementation Year 2012 (Jan to Dec)

Mandatory Grant 30 June 2011 30 June 2012

Pivotal Grant 1 March 2012 1 March 2013*

Strategic Cash Grant 1 March 2012 1 March 2013*

Assessor and Moderator Grant 1 March 2012 1 March 2013*

SMME Grant 1 March 2012 1 March 2013*

Learnership Cash Grant – Entry 1 March 2012 1 March 2013*

Learnership Cash Grant – Exit 1 March 2012 1 March 2013*

* The grant application forms will be published on the Fasset website on 1 April 2012 These deadline dates are subject to change

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Board decisions for 2012

• Tariff: Tariff scheme approved for all grants.

• Race: Indian and Coloured people are adequately or overrepresented in the sector. Changed focus on African people.

• People with disabilities: Changed focus on African disabled people.

• Gender: White women will not be supported on interventions at NQF level 7 and above.

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Mandatory Grant

• 2011: 50% of SDL

• 2012: 40% of SDL

– Remaining 10% can be claimed through the Pivotal Grant

• The criteria for the grant:

– WSP/ATR

– Employer registered with Fasset

– SDL payments to SARS up-to-date

– Authorised signatories have signed where required

– Proof of the company’s banking details

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Pivotal Grant• Professional, vocational, technical and academic (PIVOTAL)

programmes

• Provide a full occupationally‐directed qualification e.g. degree, diploma, learnership, internships. Not short courses

• Linked to Mandatory Grant – claim a maximum of 10% of the SDL

– All learners regardless of race, gender and disability status– All learners studying through bursaries at recognised institutions or

professional bodies– Learners studying towards quality-assured and structured workplace

experience– Grant funding regulations are still to be gazetted.

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Strategic Cash Grant

• Expenses to a maximum value of 20% of SDL in terms of set tariffs

• MS Excel format required and subject to capping

• 2012 changes:

– Workplace experience criteria removed

– Include increased tariff for employers taking learners onto a new learnership programme

– Race

– Gender

– Disability

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Assessor and Moderator Grant • Reimburse cost of training

• Assessor / moderator to register against Fasset qualification/unit standard

• Assessor requires approval from the relevant professional body for some qualifications

• Applicable to all population groups

• 2012 changes:

– Grant capped at R7,000

– Learners with a disability capped at R12,250

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SMME Grant

• Firms employing fewer than 50 people (Small Medium and Micro Enterprises)

• Structured courses only. No short courses or learnerships

• Currently undersubscribed

• To be claimed in terms of a tariff scheme

• 2012 changes:

– Limited to R300,000 per firm

– Race

– Gender

– Disability

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Learnership Cash Grant• SDL and NLP payers with 149 or less employees

• No evidence required, Fasset will confirm on system

• Applicant to ensure Professional Body submits learner information to Fasset

• 10 learners per employer, Entry and Exit Grant

• Tariff depending on length of programme, entry and exit status

• 2012 changes:

– Race

– Gender

– Disability

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Lifelong LearningTimetable subject to change

2012 changes:

Reduced budget as the need to focus on unemployed learners and development projects has

been prioritised.

Topic Month

Companies Act Update November 2011

Office Etiquette February 2012

Budget and Tax Update March 2012

Influencing and Negotiating Skills April 2012

Skills Development Facilitator Training

May 2012

Global Trends June 2012

Corporate Social Responsibility July 2012

Business Writing August 2012

Risk / Ethics September 2012

Compliance October 2012

Management and Leadership November 2012

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Development Projects

• To address the shortage of professionals in Fasset sector

• Training of learners in workplace readiness skills – including soft skills and technical financial skills

• Learners are black and/or disabled, and once employed by the company may be put forward for a LCG

• 70% placement minimum requirement

• Funded by Fasset with unclaimed levy money

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Development Projects

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Career Guidance

• National campaign in line with NSDS III

• Mediums used:

– Print and online advertising

– Print and digital motivational material

– Partnerships

– Exhibitions• Currently being developed:

– Viral campaign

– Brand ambassadors

– Social media

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Best Practice Awards

• Fasset’s Annual Function held on 15 September 2011

– Annual General Meeting

– Projects Showcase

– Best Practice Awards

– Thank You Function

• Best Practice Awards:

– Winner (Large organisation): Ernst & Young– Special Mention: KPMG

– Winner (Medium organisation): Silica Financial Solutions– Special Mention: Guarantee Trust

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Thank You

For more information

please contact the

Fasset Call Centre

on 086 101 0001

or visit www.fasset.org.za

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