Fasset Update March 2013

Fasset Update March 2013 Seta 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 Update March 2013 Fasset’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 Update March 2013 Mandatory Grant Training plan for the upcoming year and training report for the previous year 20% of the SDL, paid quarterly 2 forms: 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 Update March 2013 Combined 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 Update March 2013 Learnership 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 TariffExit Tariff 12 monthR 5, monthR 7,000R 13, monthR 20,000

Fasset Update March 2013 NSFAS 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 Due date 15 February 2014 – to be submitted via hand delivery on Friday

Fasset Update March 2013 NSFAS Grant Amounts LengthTariffAmount 12 (1 year)On registrationR 5,000 In month 12 of the learnershipR 25, (2 year)On registrationR 5,000 In month 6 of the 24-month learnershipR 15,000 In month 18 of the 24-month learnershipR 25, (3 year)On registrationR 5,000 In month 6 of the 36-month learnershipR 15,000 In month 18 of the 36-month learnershipR 20,000 In month 32 of the 36-month learnershipR 20,000

Fasset Update March 2013 Assessor 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 Due date 15 February 2014 – to be submitted via hand delivery on Friday

Fasset Update March 2013 Lifelong Learning MonthTopicsTarget Occupations Mar 2013Budget & Tax Update 2013Legislative (All) Apr 2013Change ManagementHR (SDFs, HR Professionals) May 2013How to Manage your BusinessLeadership and Management (Middle & Senior Managers) Jun 2013Culture and Diversity in the WorkplaceLeadership and Management (Junior and Middle Managers) Jul 2013Project ManagementLeadership and Management (Junior and Middle Managers) Aug 2013Managing TeamsLeadership and Management (Middle and Senior Managers) Sep 2013 Compliance with Changes in Legislation relevant to the Finance Sector Legislative (All) Oct 2013Mentoring and CoachingHR (SDFs, HR Professionals) Nov 2013Conflict ManagementLeadership 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 events This calendar is subject to change

Fasset Update March 2013 Innovations 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

Fasset Update March 2013 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 2 nd 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

Fasset Update March 2013 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

Fasset Update March 2013 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 Update March 2013 Upcoming 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 Update March 2013 FET 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 Update March 2013 Career 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 Update March 2013 Stakeholder 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 Update March 2013 Tools Fasset website: 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

Thank You For more information please contact the Fasset Call Centre on or visit Fasset Update March 2013