1 Latest Trends in Recruitment & Selection Fasset Presentation July 2008

2 The average spend as a % of payroll in Europe 6 – 8 % USA 5% South Africa pre-1994 – 0.5% South Africa 2002 – 2.1% South Africa 2006 – 3% Accounting increasingly employing foreign learners Did you know….? Increase in employment of foreign learners

3 Reasons for Scarce Skills

4 Scarce Skills OFO CodeOccupation Employment 2007* Retention problems Vacancy Rates** Upward pressure on Salaries MANAGERS 135Information and Communication Technology (ICT) Managers ICT Project Manager190√5.9 PROFESSIONALS 221Accountants, Auditors and Company Secretaries Trainee Accountant13 910√6.1√ Accountant (General)13 300√6.1√ External Auditor2 880√15.9√ Internal Auditor Human Resource and Training Professionals Human Resource Advisor Training and Development Professional

5 Scarce Skills Continued OFO CodeOccupation Employment 2007* Retention problems Vacancy Rates** Upward pressure on Salaries 224Information and Organisation Professionals Statistician Economist40√60.7√ 261Business and Systems Analysts, and Programmers Systems Analyst470√ Software Engineer CLERICAL AND ADMINISTRATIVE WORKERS 551Accounting Clerks and Bookkeepers Accounting Clerk730√ Bookkeeper4 230√6.5√ Purchasing Officer SALES WORKERS Insurance Agent

6 Learner Support Strategies Academic interventions Non-academic and personal support Student-to-student support Interventions for lecturers Bursaries and grants

7 Sector Profile

8 Changes in Employment 2005 – 2007

9 Employment Expectations

10 Labour Demand Projections

11 Learnership Cash Grant Due 31 March 2009 Supports: SMME’s NLP’s Transformation objectives Scarce skills learnerships Higher amount for people with disabilities

12 Strategic Cash Grant Maximum of 20% of the SDL for expenses Due 31 March 2009 for training in the period 1 January to 31 December 2008 Common claim areas: Internal bursaries (for employed staff) External bursaries (for unemployed people) Workplace experience

13 Grant Calculation Example Annual Payroll R 2,300,000 SDL 1% R 23,000 Mandatory Grant 50% R11,500 Strategic Cash Grant 20% R4,600 FSA assistance in MG, not SCG

14 Free Training July Latest Trends in Recruitment & Selection August Labour Law Update 2008 September Labour Law Update 2008 Performance Management October Managing Time & Stress Effectively November Managing Time & Stress Effectively Return on Investment / Train the Trainer? Register

15 Seta Benefits FassetMersetaBankseta Discretionary Grant Lifelong Learning ABET Voucher Scheme Workplace Readiness Employee Development

16 Estimation of Benefits Example Fasset InitiativeEstimate Value Mandatory GrantR 11,500 Strategic Cash GrantR 4,600 ABET – 1 learnerR 5,000 Learnership Cash Grant – 3 traineesR 81,000 Fasset Skill AdvisorsR 2,000 Lifelong Learning – 12 eventsR 24,000 TotalR 128,1000

17 Thank You For queries call Fasset Call Centre