Change Management February 2006 Skills Development Facilitator Networking Event

SDL Structure 100% SDL 1% Payroll 10% Admin Fasset 70% Employer Grants 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 GRANT 2006/07 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

BUDGET UPDATE SKILLS DEVELOPMENT 2006 Type of Learner Amount Change Disabled 18.1 Previously Employed Commence R 17 500 to R 20 000 150% Annual Salary to R 40 000 Max 18.2 Previously Unemployed R 25 000 to R 30 000 175% Annual Salary to R 50 000 Max 18.1 & 18.2 Complete Scholarships and Bursaries Tax exempt Tuition and related expenses Learner contract obligation to payback

Website: www.fasset.org.za Thank You Call Centre: 086 101 0001 Website: www.fasset.org.za