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Fasset Update
October 2013
Fasset Seta Pipeline Approach
Fasset Update
October / November 2012
Fasset’s Strategy 2013 / 2014
Fasset Update
September / October 2013
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
Bridging Programmes, LCG, NLRG etc.
Flow of Funds 2013 / 2014
Fasset Update
September / October 2013
SDL Paid to SARS 100%
10% Seta Admin 0.5% QCTO
National Skills Fund 20%
20% Mandatory Grant – due 30
April 2014
Seta 80%
49.5% Discretionary Funding
(Grants due 15 April 2014)
Unclaimed monies
Pivotal Grant 2013/2014
Fasset Update
September / October 2013
• Now 49.5 % of the SDL
• 29.5% 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 NQFregistered
• 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
Learnership Cash Grant
September / October 2013
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
Length of
Learnership
Entry Tariff
Exit Tariff
12 month
R 5,000
R 5,000
• 10 exit grants per employer
24 month
R 7,000
R 13,000
• Black African and learners with a disability
36 month
R 20,000
R 20,000
• Fasset learnership or other Seta
• 10 entry grants per employer
• 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
NSFAS Loan Repayment Grant
Fasset Update
September / October 2013
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
NSFAS Grant Amounts
Length
12 (1 year)
Tariff
On registration
In month 12 of the learnership
24 (2 year)
36 (3 year)
On registration
Fasset Update
September / October 2013
Amount
R 5,000
R 25,000
R 5,000
In month 6 of the 24-month learnership
R 15,000
In month 18 of the 24-month learnership
R 25,000
On registration
R 5,000
In month 6 of the 36-month learnership
R 15,000
In month 18 of the 36-month learnership
R 20,000
In month 32 of the 36-month learnership
R 20,000
Assessor and Moderator Grant
Fasset Update
September / October 2013
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
Development Projects
Fasset Update
October / November 2012
Designed to assist unemployed learners (NQF levels 4 – 8) and bridge the
gap between theoretical learning and workplace experience
• Fasset has approved 13 new projects for this year.
• Details on each project can be found on the website: www.fasset.org.za
• A tracer study to evaluate the impact of past projects has been completed and
can also be found on our website.
Focus on:
• Bridging Programmes for Access to Higher Education NQF 5 (R3.6 million)
• Academic Programmes that Lead to Academic/Professional Body
Qualifications and Designations NQF 6-8 (R40 million)
• Bridging Programmes for Access to Employment NQF 6-7(R40 million)
Fasset Update
Lifelong Learning Calendar
September / October 2013
Month
Topics
Target Occupations
October 2013
Mentoring and Coaching
HR (SDFs, HR Professionals)
November 2013 Conflict Management
Leadership and Management
(Junior and Middle Managers)
February 2014
Office Etiquette
Leadership and Management
(Junior and Middle Managers)
March 2014
Budget & Tax Update 2013 Legislative (All)
Only firms with a valid SDL number with Fasset will be able to register for the events
This calendar is subject to change
Please let your Fasset host have ideas for upcoming events
Ideas for upcoming LL events?
Fasset Update
September / October 2013
Please let your Fasset host have ideas for upcoming events, some ideas are
included below.
1. Being a SDF, planning a skills development strategy, completing grant forms
2. Office Etiquette
3. Budget and Tax 2014
4. Changes in BEE legislation and the draft BEE codes
5. Performance Management
6. Emotional Intelligence
7. How to be a trainer?
8. Business Writing
9. Compliance with Changes in Legislation 2014 Update
Fasset Update
Career Awareness
September / October 2013
Communicate the number of career options within the Finance and
Accounting sector through various tools
• Below the line advertising
• Career Exhibitions
• Partnerships
• Campus Brand Ambassador Campaign, currently at the following institutions:
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PE College
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Waterberg FET College
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Goldfields FET College
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University of Limpopo
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Elangeni FET College
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Sekhukhune FET College CS Barlow Campus
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Gert Sibande FET College
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Sekhukhune FET College CN Phatudi Campus
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University of Zululand
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Orbit FET College
Tools
Fasset Update
September / October 2013
• Fasset website: www.fasset.org.za
• 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
Fasset Update
September / October 2013
Thank You
For more information
please contact the
Fasset Call Centre
on 086 101 0001
or visit www.fasset.org.za