Fasset PresentationFasset Presentation

October 2009October 2009

Complying with Changes in Legislation 2009

Complying with Changes in Legislation 2009

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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

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Skills Levy Grant Cycle

20%

National Skills FundDepartment of Labour

80%

Allocated to relevant Seta

10%70%

Seta Admin

Available for Grants

50% 20%Mandatory Grant 30 June

Strategic Cash Grant31 March

100% Paid to SARS

Unclaimed SDL goes into

discretionary projects decided by

the Management Board

Unclaimed SDL

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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

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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

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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

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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

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Free Lifelong Learning 2009/10

• Register on www.fasset.org.za

Sep – Oct ’09 Enhancing Business Writing Skills

Oct ‘09 Complying with Changes in Legislation

Nov ’09 Innovation and Creativity

Nov ‘09 Organisation as a Site of Learning Excellence

Launch of Disability Toolkit

Dec ‘09 Assessor Networking Event

Feb ’10 Managing Change

Feb – March ’10 Office Etiquette

Mar ’10 Introduction to the Role of SDF 2010

Mar – Apr ’10 Budget & Tax Update 2010

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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

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Fasset Best Practice Awards

• Large employer finalists

1. Deloitte

2. Ernst and Young

• Winner: Ernst and Young

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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)

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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

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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

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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

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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

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Thank You

Fasset Call Centre

086 101 0001

www.fasset.org.za