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

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Presentation on theme: "1 Latest Trends in Recruitment & Selection Fasset Presentation July 2008."— Presentation transcript:

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

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

3 3 Reasons for Scarce Skills

4 4 Scarce Skills OFO CodeOccupation Employment 2007* Retention problems Vacancy Rates** Upward pressure on Salaries MANAGERS 135Information and Communication Technology (ICT) Managers 135102ICT Project Manager190√5.9 PROFESSIONALS 221Accountants, Auditors and Company Secretaries 221100Trainee Accountant13 910√6.1√ 221101Accountant (General)13 300√6.1√ 221203External Auditor2 880√15.9√ 221204Internal Auditor580 8.3 223Human Resource and Training Professionals 223101Human Resource Advisor110 7.3 223301Training and Development Professional260 5.9

5 5 Scarce Skills Continued OFO CodeOccupation Employment 2007* Retention problems Vacancy Rates** Upward pressure on Salaries 224Information and Organisation Professionals 224103Statistician30 20.9 224301Economist40√60.7√ 261Business and Systems Analysts, and Programmers 261102Systems Analyst470√31.1 261303Software Engineer160 6.3 CLERICAL AND ADMINISTRATIVE WORKERS 551Accounting Clerks and Bookkeepers 551101Accounting Clerk730√6.7 551201Bookkeeper4 230√6.5√ 591103Purchasing Officer120 14.0 SALES WORKERS 611201Insurance Agent110 6.4

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

7 7 Sector Profile

8 8 Changes in Employment 2005 – 2007

9 9 Employment Expectations 2007-12

10 10 Labour Demand Projections 2007-12

11 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 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 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 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 15 Seta Benefits FassetMersetaBankseta Discretionary Grant Lifelong Learning ABET Voucher Scheme Workplace Readiness Employee Development

16 16 Estimation of Benefits Example Fasset InitiativeEstimate Value Mandatory GrantR 11,500 Strategic Cash GrantR 4,600 ABET – 1 learnerR 5,000 Learnership Cash Grant – 3 traineesR 81,000 Fasset Skill AdvisorsR 2,000 Lifelong Learning – 12 eventsR 24,000 TotalR 128,1000

17 17 Thank You For queries call Fasset Call Centre 086 101 0001 www.fasset.org.za


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