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Fasset Presentation

Fasset Presentation. Complying with Changes in Legislation 2009. October 2009. Seta Landscape. DoL has not released notification regarding the future Seta landscape Once the notice is gazetted there will be a public comment phase, which will include public hearings

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Fasset Presentation

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  1. Fasset Presentation Complying with Changes in Legislation 2009 October 2009

  2. Seta Landscape • DoL has not released notification regarding the future Seta landscape • Once the notice is gazetted there will be a public comment phase, which will include public hearings • Fasset Board preference to maintain status quo • Move from Department of Labour to Department of Higher Education and Training due to take place by November 2009 2

  3. Skills Levy Grant Cycle 100% Paid to SARS Allocated to relevant Seta 20% 80% National Skills Fund Department of Labour 70% Available for Grants 10% Unclaimed SDL goes into discretionary projects decided by the Management Board Seta Admin 20% 50% Strategic Cash Grant 31 March Mandatory Grant 30 June Unclaimed SDL 3

  4. Funding areas for 2010/11 • Lifelong Learning • Learnership Cash Grant (LCG) • SMME Grant • Development Projects • Strategic Cash Grant (SCG) • Fasset Skills Advisors (limited service) • General Research • Numeracy and literacy research • ABET (still funded via the SCG) • Assessor and moderator training • Tax learnership • Financial markets learnership 4

  5. LCG 2009/2010 due 31 March 2010 • Learnership Cash Grant • Commencement period 1 Jan to 31 Dec 2009 • Firm must employ fewer than 150 • Extension requests to Fasset on or before 31 Mar 2010 • Grant due 31 March 2010 • Higher amount for people with disabilities – R27,000 vs. R47,250 for 3-year programme 5

  6. Tax Amendment Bill • Released for public comment • Documents on www.treasury.gov.za • Substantial positive changes regarding the learnership tax allowance • Increase in allowance for multi-year learnerships • Forward your comments directly to Treasury and/or work with your professional body 6

  7. Scarce Skills • Address scarce skills • People needed to fill job vacancies • Tertiary education • Black and/or disabled graduates • Finance and accounting • Predominantly small firms • Refer to 2009/2010 Scarce Skills Guide 7

  8. Free Lifelong Learning 2009/10 • Register on www.fasset.org.za 8

  9. Fasset Annual Report and AGM • Fasset recognised by DoL (2008 National Skills Conference) as SA’s top performing Seta • 3 436 learners were registered in this year – total learners registered since 2000 = 31 219 • 15 862 learners have completed and placed in employment • LL remains a flagship initiative with 41 686 delegates attending LL since 2000 9

  10. Fasset Best Practice Awards • Large employer finalists • Deloitte • Ernst and Young • Winner: Ernst and Young 10

  11. Development Projects • To address shortage of professionals in sector • Funds training of learners in workplace readiness skills – which includes both soft skills and technical financial skills • Learners are black and/or disabled • Once employed by the company may be put forward for a Learnership Cash Grant (LCG) 11

  12. Bonani Workplace Readiness • Black unemployed finance graduates with B.Comm degrees or National Diplomas • Offered in Gauteng, KwaZulu-Natal, Free Sate and the Western Cape • Intensive 5 month Workplace Readiness Programme (WRP) including training in a ‘virtual office’ environment • Contact Waldo Jonker (011) 466-3312 • www.fasset.org.za for more details 12

  13. Scimathus Work Readiness • Assist black learners to access higher education in the Economic and Management Sciences • Offered in the Western Cape • Content includes academic language, study and thinking skills, computer literacy and statistics • Contact Anneke Muller (021) 808-3483 • www.fasset.org.za for more details 13

  14. Pagamani Workplace Readiness • Unemployed matriculants or incomplete qualifications to attain certificate from the AAT • Candidates receive work-readiness training • Learnership is designed to be completed within a year whilst working and studying • Offered in Gauteng, KwaZulu-Natal, Free State and the Western Cape • Contact Waldo Jonker (011) 466-3312 • www.fasset.org.za for more details 14

  15. Thusanani Workplace Readiness • Black unemployed graduates in Gauteng with various qualifications • Mentorship offered for at least 6 months after the intervention • Intensive 3 month Workplace Readiness Programme (theoretical and practical) • Contact Avril Peddie (011) 678-2144 • www.fasset.org.za for more details 15

  16. Thank You Fasset Call Centre 086 101 0001 www.fasset.org.za 16

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