Fasset Update October to November 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

Grants for 2011 and 2012 Grant Implementation Year 2011 (Jan to Dec) Implementation Year 2012 (Jan to Dec) Mandatory Grant30 June June 2012 Pivotal Grant1 March March 2013* Strategic Cash Grant1 March March 2013* Assessor and Moderator Grant1 March March 2013* SMME Grant1 March March 2013* Learnership Cash Grant – Entry1 March March 2013* Learnership Cash Grant – Exit1 March March 2013* * The grant application forms will be published on the Fasset website on 1 April 2012 These deadline dates are subject to change 4

Board decisions for 2012 Tariff: Tariff scheme approved for all grants. Race: Indian and Coloured people are adequately or overrepresented in the sector. Changed focus on African people. People with disabilities: Changed focus on African disabled people. Gender: White women will not be supported on interventions at NQF level 7 and above. 5

Mandatory Grant 2011: 50% of SDL 2012: 40% of SDL –Remaining 10% can be claimed through the Pivotal Grant The criteria for the grant: –WSP/ATR –Employer registered with Fasset –SDL payments to SARS up-to-date –Authorised signatories have signed where required –Proof of the company’s banking details 6

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. 7

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 –Gender –Disability 8

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 9

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 –Gender –Disability 10

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 –Gender –Disability 11

Lifelong Learning Timetable subject to change 2012 changes: Reduced budget as the need to focus on unemployed learners and development projects has been prioritised. TopicMonth Companies Act UpdateNovember 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 ComplianceOctober 2012 Management and LeadershipNovember

Development Projects To address the shortage of professionals in Fasset sector Training of learners in workplace readiness skills – including soft skills and technical financial skills Learners are black and/or disabled, and once employed by the company may be put forward for a LCG 70% placement minimum requirement Funded by Fasset with unclaimed levy money 13

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 14

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 15

Best Practice Awards Fasset’s Annual Function held on 15 September 2011 –Annual General Meeting –Projects Showcase –Best Practice Awards –Thank You Function Best Practice Awards: –Winner (Large organisation): Ernst & Young –Special Mention: KPMG –Winner (Medium organisation): Silica Financial Solutions –Special Mention: Guarantee Trust 16

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