Fasset Update March 2013

Fasset UpdateMarch 2013

Fasset UpdateMarch 2013Seta Funding Regulations

Overview of major changes

• WSP submission will be due on 30 April (and not 30 June as with current) as

from 2014

• Mandatory Grants (previously 50% of SDL) is now 20%

• 80% of the Discretionary Grants funding will be allocated to PIVOTAL

programmes

• PIVOTAL is defined as professional, vocational, technical and academic learning

programmes that result in qualifications or part-qualifications on the National

Qualifications Framework

• There is a new ‘minimum requirements’ Mandatory Grant form

Fasset UpdateMarch 2013Fasset’s Strategy 2013 / 2014

Fasset is focusing on new relationships in order to extend the skills development reach in implementing a career pipeline approach

• Further Education Training (FET) Colleges

• Universities

• Addressing skills need in the public sector

• Provincial footprint, focus on rural areas

A PIVOTAL Grant will be introduced for all races, however the transformation agenda will continue to be pursued through specific interventions such as SCG, Bridging Programmes, LCG, NLRG etc.

Fasset UpdateMarch 2013Mandatory Grant

Training plan for the upcoming year and training report for the previous year

• 20% of the SDL, paid quarterly

• 2 forms: <50 Employees and >50 Employees (MS Excel format)

• All training, including short courses, PIVOTAL programmes to be specified

• No discretionary criteria e.g. any population group, gender etc... applies

• Cost of training not linked to payout amount

• Training committee recommended for employers employing 50 or more

• Due 30 June 2013 – to be submitted via hand delivery on Friday

• Will move to 30 April from 2014

Fasset UpdateMarch 2013Combined Pivotal and Strategic Cash Grant

• Now 50% of the SDL

• 30% of grant may fund any learner on pivotal programme

• 20% of grant to fund Black African learners and people with disabilities

• Qualifications (degrees, diplomas), learnerships, internships – to be NQF-

registered

• Learners currently commencing, undergoing, or completing a pivotal programme

in the 2013 calendar year

• Tariffs are applicable

• Due date 15 February 2014 – to be submitted via hand delivery on Friday

Fasset UpdateMarch 2013Learnership Cash Grant

Entry Grant : On registration of Black African learners on learnerships

Exit Grant: On completion of Black African learners on learnerships

• SDL payers and non-levy payers

• Fasset learnership or specific other Seta

learnership

• 10 entry grants per employer

• 10 exit grants per employer

• Black African learners and learners with a disability

• Higher amount for learners with a disability

• Employers with staff complement under 150

• Due date 15 February 2014 – to be submitted via

hand delivery on Friday

Length of Learnership

Entry Tariff Exit Tariff

12 month R 5,000 R 5,000

24 month R 7,000 R 13,000

36 month R 20,000 R 20,000

Fasset UpdateMarch 2013NSFAS Loan Repayment Grant

Ensuring retention of learners on learnerships

• 3 year learnership attracts R 60,000 grant towards NSFAS account

• Transformation in the sector: Black African learners and people with disabilities

• Learners currently commencing, undergoing, or completing a learnership in the

2013 calendar year with a Fasset employer

• Employed learner or an employer representative may apply

• Black African learners will be relieved of the NSFAS financial burden

• Salary threshold applies

• May be applied for in tranches


Fasset UpdateMarch 2013NSFAS Grant Amounts

Length Tariff Amount

12 (1 year) On registration R 5,000

In month 12 of the learnership R 25,000


In month 6 of the 24-month learnership R 15,000






Fasset UpdateMarch 2013Assessor and Moderator Grant

To ensure the supply of assessors of academic and workplace training

• Reimbursement of the cost of training

• Maximum of R 4,500

• Assessor/moderator to be registered with Fasset in 2013

• Training can take place before 2013


Fasset UpdateMarch 2013Lifelong Learning

Month Topics Target Occupations

Mar 2013 Budget & Tax Update 2013 Legislative (All)

Apr 2013 Change Management HR (SDFs, HR Professionals)

May 2013 How to Manage your Business Leadership and Management (Middle & Senior Managers)

Jun 2013 Culture and Diversity in the Workplace Leadership and Management (Junior and Middle Managers)

Jul 2013 Project Management Leadership and Management (Junior and Middle Managers)

Aug 2013 Managing Teams Leadership and Management (Middle and Senior Managers)

Sep 2013 Compliance with Changes in Legislation relevant to the Finance Sector Legislative (All)

Oct 2013 Mentoring and Coaching HR (SDFs, HR Professionals)

Nov 2013 Conflict Management Leadership and Management (Middle and Senior Managers)

Feb 2014 Survive and Thrive in an Office Environment Leadership and Management (Junior and Middle Managers)

Only firms with a valid SDL number with Fasset will be able to register for the eventsThis calendar is subject to change

Fasset UpdateMarch 2013Innovations in accreditation

Whole firm accreditation

• To accredit non-credit bearing training

• Firms that offer training that they would like recognised and accredited

• Non-credit bearing training i.e. no assessment

• Functions as Approved Provider accreditation i.e. not linked to unit standards

Internships

• Internships that fall into the graduate work-based category

• Companies apply for programme and site accreditation

• May then apply for Fasset grants

• Claim points of BEE scorecard


Bridging Programme:

Access into Higher Education

The funding window opens doors for learners to enter higher education.

• Black African and all disabled learners

• Learners lacking requisite entry requirements into a sector-specific higher

education qualification

• Incorrect subject choices or followed an unrelated discipline

• 2nd chance learners

• Complete programmes and meet entry requirements which allow them to enter

sector-relevant higher education qualifications, for progression in the sector

• Tuition fees, examination support courses and soft skills interventions


Bridging Programme:

Academic/Professional Body Qualifications

The funding window opens doors for learners to enter higher education.

• Public providers and professional bodies to assist learners to obtain formal

qualifications

• Learners will be placed in learnerships, internships or full-time employment

• Number of learners with scarce skills qualifications will increase

• Employers will have access to increased numbers of employable learners

• Broader economy will benefit with learners who have a cross-cutting skill that is

needed to grow the whole economy


Bridging Programme:

Access into Employment

Designed to assist unemployed learners (NQF levels 6 – 8) and bridge the gap between theoretical learning and workplace experience.

• Accounting and non-accounting graduates

• Unemployed, part of NEET population of learners

• Ministerial imperative

• Will undergo work readiness programmes e.g. bridging technical, assertiveness,

it, English language, attitude

• Available for employment on learnerships, internships or full-time employment

• Employers will have access to increased numbers of employable learners

• Broader economy will benefit with learners who have a cross-cutting skill that is

needed to grow the whole economy

Fasset UpdateMarch 2013Upcoming Research

To assist the Board and sector in aligning training to strategic objectives.

• 2012/13 (Year 13) Grant Analysis Report

• Sector Skills Plan Update for the period commencing 1 April 2014

• Annual Benchmarking of Training in the Sector

• Learnership Readiness Pack

• Internship Readiness Pack

• Lifelong Learning Learnership Programme (LLLP) Employer Support Guide

• Tracer Study on Development Projects (Academic)

• Database Update (Employers)

• Database Update (Learners)

Fasset UpdateMarch 2013FET Funding Window

To develop FET colleges, which is also a national and ministerial imperative.

• Capacitating FET colleges with funding set aside

• Improvement of relevant courses offered by FET colleges

• Development of lecturers so as to ensure a quality supply of FET learners

• Partnership agreements to be put in place with Waterberg and Sekhukhune FET

colleges in Limpopo as part of a broader joint Seta initiative to establish a

regional presence in rural areas and townships through FET colleges

• Fasset will support the co-ordinated Seta collaborative effort to establish a

regional presence in rural areas and townships through public FET colleges

• Appointment of a Fasset Provincial Liaison / Brand Ambassador

Fasset UpdateMarch 2013Career Guidance and Provincial Strategy

Fasset has an intensive National Career Guidance campaign:

• In line with DHET’s National Career Guidance initiatives

• Setas have a role to play in drawing the youth into the mainstream economy

• Targeting learners from Grade 9 level onwards, awareness on careers in finance

• Extend and deepen Fasset’s footprint and reach in rural and impoverished areas− Fasset Brand Ambassadors− Print and online advertising− Exhibitions− Print and digital motivational career guidance material− Social media− Partnerships

Fasset UpdateMarch 2013Stakeholder Engagement

Engaging with Fasset stakeholders by informing and educating through regular, effective communication, meeting the following strategic imperatives:

• The promotion of critical and scarce skills areas within our sector

• Promotion of skills development within sector through targeted marketing

• Promoting skills, access to jobs, sustainable livelihoods via development projects

• Developing a culture of high-quality, lifelong learning and fostering skills

development for high-quality jobs

• Focus on the critical SMME component, specifically levy-exempt employers

• Fostering skills development in the formal economy for productivity and

employment growth

Fasset UpdateMarch 2013Tools

• Fasset website: www.fasset.org.za

• On the website you can gain access to the following:

− Download all the application forms you are required to complete for the grants

− Latest Fasset information

− List of all the relevant Fasset contacts

− List of Fasset learnerships

− Apply for Mandatory Grant online

− Lifelong Learning calendar

http://www.fasset.org.za/

Thank You

For more information

please contact the

Fasset Call Centre

on 086 101 0001

or visit www.fasset.org.za


Fasset Update March 2013

Documents

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