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October 2007 Lifelong Learning Event Ethics in Business and the Professions Fasset Presentation.

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Presentation on theme: "October 2007 Lifelong Learning Event Ethics in Business and the Professions Fasset Presentation."— Presentation transcript:

1 October 2007 Lifelong Learning Event Ethics in Business and the Professions Fasset Presentation

2 This course demonstrates Fasset’s commitment to lifelong learning Funded out of discretionary Seta funds (unclaimed levies) All Fasset funded interventions support the skills shortage in South Africa – JIPSA, ASGISA Focus on learners and professionals Welcome

3 Scarce Skill Occupations characterised by a scarcity of qualified and experienced people (current and anticipated) e.g. Accountant, Doctor

4 Critical Skill Particular skills gaps within an occupation e.g. Knowledge of IFRS, Communication Skills

5 In the professionals & associated professionals occupations Accountants and trainee accountants Qualified black people, especially in the higher level occupations and professional designations Where are the shortages?

6 Many employers find it difficult to meet their employment equity targets because of the unavailability of suitably qualified black staff Shortages? Continued

7 Specialist financial skills Basic computer skills Administrative and support skills Management and leadership skills Critical Skills Shortages?

8 Available on Fasset website Detail in Sector Skills Plan (SSP) –2007/2008 –2008/2009 Scarce & Critical Skills Guideline

9 Deadline of 30 June 2007 – now past No extensions New employers may apply 50% of SDL to be refunded 1 st payment was made on 31 August Fasset Skills Advisors (FSAs) Mandatory Grant 2007/2008

10 20% of the SDL Six strategic areas Due 31 March 2008 For expenses in the period 1 January to 31 December 2007 Strategic Cash Grant 2007/2008

11 1.Adult Basic Education & Training 2.Internal Bursaries 3.External Bursaries 4.Workplace Experience 5.Learnerships 6.New Venture Creation SCG 2007/2008 Continued

12 LCG available for SDL and non-SDL firms Black and/or learners with disabilities Commencement between 1 January and 31 December 2007 Firms must employ fewer than 150 people Differs from SARS tax deduction Learnership Cash Grant 2007/2008

13 Application due 31 March 2008 Fasset and other selected learnerships Extensions to be submitted by/on 31 March 2008 Tax deduction is available to firms who employ ANY learner on a learnership LCG 2007/2008 Continued

14 Lifelong Learning For Skills Development Facilitators Understanding Emotional Intelligence September 2007 - past Latest Trends in Recruitment November 2007 SDF 1 day training – April 2008 Topic to be confirmed – November 2008

15 Lifelong Learning Continued General Courses Budget & Tax 2008 Update - March 2008 Compliance with legislation (to be confirmed) - May to July 2008 Labour Law (to be confirmed) - August 2008

16 Lifelong Learning Continued General Courses Language/Business Writing (to be confirmed) - October 2008 Courses can be run in different venues on request from 14 or more delegates Certificate of attendance Fasset members

17 Three Work Readiness Programmes in operation Includes employability and soft skills Learners available for uptake and recruitment Place 70% of learners on learnerships, internships or permanent employment in Fasset sector. Development Projects

18 Looking to the Future 450 unemployed Black commerce graduates Work readiness programme that combines soft skills and academic skills 400 accounting and 50 bookkeeping 1. Bonani

19 Getting Ready or Preparing Oneself 30 unemployed Black graduates 6-week work readiness training programme in selected technical and soft skills required for CA environment 2. Itukisa

20 Tshivenda phrase Help Each Other 400 unemployed Black graduates in batches of 100, over 2 years Work readiness, employability and soft skills Encompassing the critical skills areas in the sector Provide comprehensive mentor (learner support) programme 3. Thusanani

21 Free Adult Basic Education and Training (ABET) Non levy payer registrations Other

22 Questions? For more information or queries call Fasset Call Centre on 086 101 0001 www.fasset.org.za Thank You


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