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Stay informed about the crucial changes in skills development and grant opportunities for employers in 2006. This update highlights the upcoming workshops, including a free SDF networking event in May, mandatory and discretionary grant deadlines, and the re-opening of the Learnership Cash Grant scheme. Additionally, learn about registration requirements for newly registered and old employers, and important financial updates. Ensure your organization is ready to take advantage of available funding through Fasset.
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Change ManagementFebruary 2006 Skills DevelopmentFacilitator NetworkingEvent
10% Admin Fasset 70% Employer Grants SDL Structure 100% SDL 1% Payroll 20% NSF Y6: 1 Apr 05 - 31 Mar 06 Y7: 1 Apr 06 - 31 Mar 07 WSP 50 % SCG 20% No ATR in this year Mandatory Grant ATR 05/06 & WSP 06/07 50% SCG: TBA Unclaimed Grant Rollover Funds
Rollover Funds • CPE Technical: Budget & Tax Update March 06 • CPE Learner: Survival Skills for the World of Work May 06 • CPE and CPEL will be also be available to exempt members who register with Fasset • Social Projects (e.g. Matric rewrite to work readiness programmes at PG level). • Consult Fasset www for CPA and CA learners).
SDF Update • 14th Free SDF Networking Event (May 2006) – TBA • 3 more SDF n’working events this year: May, Aug, Nov 06 • FSA intervention begins 01 April 2006 • SDF 1 day training July 2006 • Learnership Cash Grant (2005/06) closes 31 March 2006 • Learnership Cash Grant (2006/07) opens 1 April 2006 • FREE ABET – ongoing registration and assessment of learners in all provinces, contact Samson @ 011 953-1663 • Research • Sector Skills Plan • Annual analyses of grant submissions
SDF UPDATE • Mandatory grant extensions for newly registered employers only • No extensions for mandatory grants for ‘old employers’ • Extensions for discretionary grants only if received before 31 March • Mandatory grant 2006/07 (ATR & WSP) forms available on www • SCG 2005/06 forms on website, deadline 31 March 2006 • SCG 2006/07 criteria on website, % TBA, deadline 31 March 2007
PDI GRANT 2005/06 • R 25 000 PDI Grant PER LEARNER on a sliding scale - due on 31 March 2006 • Learner to be registered in period 1 April 2005 to 31 March 2006 • A checklist for submission of the PDI Grant is available on the Fasset website • Learners must be registered on a Fasset learnership before submitting a PDI grant (registering your learner does not automatically qualify you for the grant) • Submit the PDI grant whilst still in the process of registering your learner on a learnership if required
LEARNERSHIP CASH GRANT2006/07 • Two forms: 1 for SDL paying and 1 for exempt • Non levy payers are to register as employers with Fasset irrespective of whether they had a SDL number in the past (forms on www) • Length of learnership linked to grant amount (i.e. 12-36 months, R 10 000 to R 25 000) • Allowable learnerships beyond Fasset only • Timeframe for registering learnership agreements has changed to 30 days - incomplete forms will be returned
Thank You Call Centre: 086 101 0001 Website: www.fasset.org.za