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Fasset Update Global Economic Trends May - June 2011

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Presentation on theme: "Fasset Update Global Economic Trends May - June 2011"— Presentation transcript:

1 Fasset Update Global Economic Trends May - June 2011

2 Employer Grant Support
Fasset staff have replaced the previously offered Fasset Skills Advisor (FSA) service by offering direct support to organisations that employ between 50 and 149 people and all newly registered Skills Development Facilitator’s (SDF’s). Call centre will be available to assist with any queries you may have regarding the completion and online capturing of grant application forms.

3 9/7/2018 Pivotal Programmes Professional, vocational, technical and academic (PIVOTAL) Provide a full occupationally‐directed qualification e.g. degree, diploma, learnership, internships. Not short course Linked to the Mandatory Grant - claim a maximum of 10% of the SDL

4 Scarce Skills Scarce Skills - people to fill job vacancies
9/7/2018 Scarce Skills Scarce Skills - people to fill job vacancies 79% professional occupations e.g. trainee accountants and auditors, bookkeepers, accounting technicians, general accountants, financial officers, supply chain professionals

5 Incoming Grants Deadlines
9/7/2018 Incoming Grants Deadlines Mandatory Grant 30 June 2011 Strategic Cash Grant 1 March 2012 Pivotal Grant 1 March 2012 Learnership Cash Grant 1 March 2012 Small Medium and Micro Enterprises Grant 1 March 2012 Assessor and Moderator Grant 1 March 2012

6 LCG 2011 SDL and NLP payers Small and medium employers
9/7/2018 LCG 2011 SDL and NLP payers Small and medium employers Black and people with disabilities Commenced and completed in 2011 calendar year Fasset and other select learnerships No evidence required, Fasset will confirm on system 10 learners per employer Grant depends on length of programme, tariff scheme to be applied Entry and Exit grant Grant due on 1 March 2012

7 SCG 2011 Strategic Cash Grant
9/7/2018 SCG 2011 Strategic Cash Grant Expenses to a maximum value of 20% of SDL White women acceptable for certain criteria MS Excel format required and subject to capping Schedule of tariffs must be applied Criteria: quality-assured workplace experience, workplace experience for unemployed, learnerships, academic and professional study

8 SMME 2011 Amount will be limited to R11,000 per five employees
9/7/2018 SMME 2011 Amount will be limited to R11,000 per five employees Forms employing fewer than 50 people White women acceptable for senior courses No learnerships, structured courses only. No short courses Currently undersubscribed Size Amount 1 – 5 R 11,000 6 – 10 R 22,000 11 – 15 R 33,000 16 – 20 R 44,000 21 – 25 R 55,000 26 – 30 R 66,000 31 – 35 R 77,000 36 – 40 R 88,000 41 – 45 R 99,000 45 – 49 R 110,000

9 AMG 2010 Assessor and Moderator Grant Reimburse cost of training
9/7/2018 AMG 2010 Assessor and Moderator Grant Reimburse cost of training Assessor / moderator to register against Fasset qualification Assessor requires approval of registration (from the relevant professional body or Seta) Applicable to all population groups

10 Lifelong Learning Global Economic Trends May – June 2011
9/7/2018 Lifelong Learning Global Economic Trends May – June 2011 Recruitment and Selection July 2011 Labour Law Update August 2011 Companies Act September 2011 Performance Management October 2011 Influencing & Negotiating Skills February 2012 Budget and Tax Update March 2012 Attendance certificates are available for download Timetable subject to change

11 9/7/2018 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 Learnership Cash Grant (LCG) 70% placement minimum requirement Funded by Fasset with unclaimed levy money

12 Development Projects Thusanani
Black unemployed graduates in Gauteng with various qualifications Intensive 3 month Workplace Readiness Programme (theory and practical) Learners placed on learnerships / internships Mentorship offered for at least 6 months after the intervention Contact Avril Peddie (011) Phakamani Unemployed matriculants or those with incomplete qualifications Learners attain an Accounting Technician Certificate from the AAT Candidates receive work readiness training in Gauteng AAT learnership designed for completion within a year whilst working and studying Contact Robbie Knott (011) Bonani Black unemployed finance graduates with BCom degrees or National Diplomas Offered in Gauteng, KwaZulu-Natal, and Western Cape Intensive 5 month Workplace Readiness Programme including training in a ‘virtual office’

13 For more information please contact the or visit www.fasset.org.za
Thank You For more information please contact the Fasset Call Centre on or visit 9/7/2018


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