Fasset Update November to December 2011

Sector Skills Plan Update 2012/13 This SSP contains the blueprint for the Fasset's strategy and activities for NSDS III for the financial year from 1 April 2012 to 31 March Document was submitted to DHET by 30 September The updated document is available on Fasset’s website: 2

Scarce Skills Positions that remain unfilled for prolonged periods of time People required to fill ongoing employment vacancies 79% professional occupations Examples include: trainee accountants and auditors, bookkeepers, accounting technicians, general accountants, financial officers, supply chain professionals 3

Key Outcomes Funding 2012/13 Interventions which seek to increase the number of skilled people: –Mandatory Grant –Pivotal Grant –Assessor and Moderator Grant –Lifelong Learning Interventions which seek to upskill and drive transformation: –Learnership Cash Grant –Strategic Cash Grant –SMME Grant –Development Projects

Grants for 2011 and 2012 Grant Implementation Year 2011 (Jan to Dec) Implementation Year 2012 (Jan to Dec) Mandatory Grant30 June June 2012 Pivotal Grantn/a1 February 2013* Strategic Cash Grant1 March February 2013* Assessor and Moderator Grant1 March February 2013* SMME Grant1 March February 2013* Learnership Cash Grant – Entry1 March February 2013* Learnership Cash Grant – Exit1 March February 2013* * The grant application forms will be published on the Fasset website on 2 March 2012 These deadline dates are subject to change 5

Board decisions for 2012 Race: Indian and Coloured people are adequately or overrepresented in the sector. Changed focus on African people for certain interventions. People with disabilities: Changed focus on African disabled people for certain interventions. 6

Mandatory Grant 2011: 50% of SDL 2012: 40% of SDL –Remaining 10% can be claimed through the Pivotal Grant –Deadline 30 June every year, no late submissions –All learners regardless of race, gender and disability status –Any training 7

Pivotal Grant Professional, vocational, technical and academic (PIVOTAL) programmes Provide a full occupationally ‐ directed qualification e.g. degree, diploma, learnership, internships. Not short courses Linked to Mandatory Grant – claim a maximum of 10% of the SDL –All learners regardless of race, gender and disability status –All learners studying through bursaries at recognised institutions or professional bodies –Learners studying towards quality-assured and structured workplace experience –Grant funding regulations are still to be gazetted. 8

Strategic Cash Grant Expenses to a maximum value of 20% of SDL in terms of set tariffs MS Excel format required and subject to capping 2012 changes: –Workplace experience criteria removed –Include increased tariff for employers taking learners onto a new learnership programme –Race –Disability 9

Assessor and Moderator Grant Reimburse cost of training Assessor / moderator to register against Fasset qualification/unit standard Assessor requires approval from the relevant professional body for some qualifications Applicable to all population groups 2012 changes: –Grant capped at R7,000 –Learners with a disability capped at R12,250 10

SMME Grant Firms employing fewer than 50 people (Small Medium and Micro Enterprises) Structured courses only. No short courses or learnerships Currently undersubscribed To be claimed in terms of a tariff scheme 2012 changes: –Limited to R300,000 per firm –Race –Disability 11

Learnership Cash Grant SDL and NLP payers with 149 or less employees No evidence required, Fasset will confirm on system Applicant to ensure Professional Body submits learner information to Fasset 10 learners per employer, Entry and Exit Grant Tariff depending on length of programme, entry and exit status 2012 changes: –Race –Disability 12

Lifelong Learning TopicMonth Performance ManagementDecember 2011 Office EtiquetteFebruary 2012 Budget and Tax UpdateMarch 2012 Influencing and Negotiating SkillsApril 2012 Skills Development Facilitator TrainingMay 2012 Global TrendsJune 2012 Corporate Social ResponsibilityJuly 2012 Business WritingAugust 2012 Risk / EthicsSeptember 2012 Compliance with Legislation ChangesOctober 2012 Management and LeadershipNovember Timetable subject to change

Development Projects To address the shortage of professionals in Fasset sector Training in workplace readiness skills –soft skills and financial skills Learners are black and/or disabled, may be put forward for a LCG 70% placement minimum requirement 2012 changes: –Race –Disability –Increased funding focus with unclaimed SDL 14

Development Projects Thusanani Black unemployed graduates in Gauteng with various qualifications Intensive 3 month Workplace Readiness Programme (theory and practical) Learners placed on learnerships / internships Mentorship offered for at least 6 months after the intervention Contact Avril Peddie via Bonani Black unemployed finance graduates with BCom degrees or National Diplomas in Accounting or Taxation Offered in Gauteng, KwaZulu-Natal, and Western Cape Intensive 5 month Workplace Readiness Programme including training in a ‘virtual office’ Contact Robbie Knott via 15

Career Guidance National campaign in line with NSDS III Mediums used: –Print and online advertising –Print and digital motivational material –Partnerships –Exhibitions Currently being developed: –Viral campaign –Brand ambassadors –Social media 16

Thank You For more information please contact the Fasset Call Centre on or visit 17