1. Fasset Update September / October 2013

2. Fasset Update September / October 2013 Seta Funding Regulations Overview of major changes Mandatory Grants submission will be due on 30 April (and not 30 June anymore) as from 2014 Mandatory Grants (previously 50% of SDL) is now 20% 80% of the Discretionary Grants funding will be allocated to PIVOTAL programmes  PIVOTAL is defined as professional, vocational, technical and academic learning programmes that result in qualifications or part-qualifications on the National Qualifications Framework There is a new ‘minimum requirements’ Mandatory Grant form

3. Fasset Update September / October 2013 Fasset’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 SCG, Bridging Programmes, LCG, NLRG etc.

4. Fasset Update September / October 2013 Mandatory Grant Training plan for the upcoming year and training report for the previous year 20% of the SDL, paid quarterly 2 forms: 50 Employees (MS Excel format) All training, including short courses, PIVOTAL programmes to be specified No discretionary criteria e.g. any population group, gender etc. applies Cost of training not linked to payout amount Training committee recommended for employers employing 50 or more Reminder: this will move to 30 April from 2014

5. Fasset Update September / October 2013 Pivotal Grant Now 50% of the SDL 30% 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

6. Fasset Update September / October 2013 Learnership 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 specific other Seta learnership 10 entry grants per employer 10 exit grants per employer Black African learners 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 TariffExit Tariff 12 monthR 5,000 24 monthR 7,000R 13,000 36 monthR 20,000

7. Fasset Update September / October 2013 NSFAS 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

8. Fasset Update September / October 2013 NSFAS Grant Amounts LengthTariffAmount 12 (1 year)On registrationR 5,000 In month 12 of the learnershipR 25,000 24 (2 year)On registrationR 5,000 In month 6 of the 24-month learnershipR 15,000 In month 18 of the 24-month learnershipR 25,000 36 (3 year)On registrationR 5,000 In month 6 of the 36-month learnershipR 15,000 In month 18 of the 36-month learnershipR 20,000 In month 32 of the 36-month learnershipR 20,000

9. Fasset Update September / October 2013 Assessor 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

10. Fasset Update September / October 2013 Grant Deadlines GrantDue Date Assessor and Moderator Grant (AMG) 15 February 2014 Pivotal Grant 15 February 2014 Leadership Cash Grant (LCG) 15 February 2014 NSFAS Loan Repayment Grant (NLRG) 15 February 2014 Mandatory Grant (MG) 30 April 2014

11. Fasset Update September / October 2013 Lifelong Learning Calendar Only firms with a valid SDL number with Fasset will be able to register for the events This calendar is subject to change MonthTopicsTarget Occupations October 2013Mentoring and CoachingHR (SDFs, HR Professionals) November 2013Conflict Management Leadership and Management (Junior and Middle Managers) February 2014Office Etiquette Leadership and Management (Junior and Middle Managers) March 2014Budget & Tax Update 2013Legislative (All)

12. Fasset Update September / October 2013 Upcoming Research To assist the Board and sector in aligning training to strategic objectives. Sector Skills Plan Update for the period commencing 1 April 2014 Annual Benchmarking of Training in the Sector Learnership Readiness Pack Internship Readiness Pack Lifelong Learning Learnership Programme (LLLP) Employer Support Guide Tracer Study on Development Projects (Academic) Database Update (Employers) Database Update (Learners)

13. Fasset Update September / October 2013 FET College Engagement To develop FET colleges, which is also a national and ministerial imperative. Capacitating FET colleges with funding set aside Improvement of relevant courses offered by FET colleges Development of lecturers so as to ensure a quality supply of FET learners Partnership agreements to be put in place with Waterberg and Sekhukhune FET colleges in Limpopo as part of a broader joint Seta initiative to establish a regional presence in rural areas and townships through FET colleges Fasset will support the co-ordinated Seta collaborative effort to establish a regional presence in rural areas and townships through public FET colleges

14. 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.zawww.fasset.org.za A Tracer study to evaluate the impact of past projects has been completed and can also be found on our website. Fasset’s Board has adopted a pipeline approach to funding: Bridging Programmes for Access to Higher Education Academic Programmes that Lead to Academic/Professional Body Qualifications and Designations Bridging Programmes for Access to Employment NSFAS Loan Repayment Grant Fasset Update October / November 2012

15. No.INTERVENTION Rand value (Millions) Pipeline imperative NQF Level 1 Bridging programmes for access into higher education 3,6 Access, entry level to academic 5 2 Financial support for learners in the sector with student loans (NSFAS) 10 Academic exit level 6 - 7 3 Academic programmes that lead to academic and/or professional body qualifications/designations 40 Academic exit level 6 - 8 4 Bridging programmes for access into employment 40 Training, entry level to employment 6 - 7 Total93,6 Board Strategy Fasset Update June 2013

16. Fasset Update September / October 2013 Career 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: o PE College o Goldfields FET College o Elangeni FET College o Gert Sibande FET College o University of Zululand o Orbit FET College o Waterberg FET College o University of Limpopo o Sekhukhune FET College CS Barlow Campus o Sekhukhune FET College CN Phatudi Campus

17. Fasset Update September / October 2013 Stakeholder Engagement Engaging with Fasset stakeholders by informing and educating through regular, effective communication, meeting the following strategic imperatives: The promotion of critical and scarce skills areas within our sector Promotion of skills development within sector through targeted marketing Promoting skills, access to jobs, sustainable livelihoods via development projects Developing a culture of high-quality, lifelong learning and fostering skills development for high-quality jobs Focus on the critical SMME component, specifically levy-exempt employers Fostering skills development in the formal economy for productivity and employment growth

18. Fasset Update September / October 2013 Tools Fasset website: www.fasset.org.zawww.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

19. Thank You For more information please contact the Fasset Call Centre on 086 101 0001 or visit www.fasset.org.za Fasset Update September / October 2013