Fasset Update March 2013

Seta Funding Regulations

Fasset Update

March 2013

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’s Strategy 2013 / 2014

Fasset Update

March 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 SCG, Bridging Programmes, LCG, NLRG etc.

Mandatory Grant

Fasset Update

March 2013

Training plan for the upcoming year and training report for the previous year

• 20% of the SDL, paid quarterly • 2 forms: <50 Employees and >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

Combined Pivotal and Strategic Cash Grant

Fasset Update

March 2013 • 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

Learnership Cash Grant

Fasset Update

March 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 • 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 Tariff

12 month 24 month 36 month R 5,000 R 7,000 R 20,000

Exit Tariff

R 5,000 R 13,000 R 20,000

NSFAS Loan Repayment Grant

Fasset Update

March 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) 24 (2 year) 36 (3 year)

Tariff

On registration In month 12 of the learnership On registration In month 6 of the 24-month learnership In month 18 of the 24-month learnership On registration In month 6 of the 36-month learnership In month 18 of the 36-month learnership In month 32 of the 36-month learnership

Fasset Update

March 2013

Amount

R 5,000 R 25,000 R 5,000 R 15,000 R 25,000 R 5,000 R 15,000 R 20,000 R 20,000

Assessor and Moderator Grant

Fasset Update

March 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

Lifelong Learning

Fasset Update

March 2013

Month

Mar 2013 Apr 2013 May 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013

Topics

Budget & Tax Update 2013 Change Management

Target Occupations

Legislative (All) HR (SDFs, HR Professionals) How to Manage your Business Culture and Diversity in the Workplace Leadership and Management (Middle & Senior Managers) Leadership and Management (Junior and Middle Managers) Project Management Leadership and Management (Junior and Middle Managers) Managing Teams Compliance with Changes in Legislation relevant to the Finance Sector Mentoring and Coaching Leadership and Management (Middle and Senior Managers) Legislative (All) HR (SDFs, HR Professionals) Nov 2013 Conflict Management Leadership 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

Innovations in accreditation

Fasset Update

March 2013 •

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

Bridging Programme: Access into Higher Education

Fasset Update

March 2013

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

Bridging Programme: Academic/Professional Body Qualifications

Fasset Update

March 2013

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

Bridging Programme: Access into Employment

Fasset Update

March 2013

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

Upcoming Research

Fasset Update

March 2013

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)

FET Funding Window

Fasset Update

March 2013

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

Career Guidance and Provincial Strategy

Fasset Update

March 2013

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

Stakeholder Engagement

Fasset Update

March 2013

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

Tools

Fasset Update

March 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

Thank You

For more information please contact the Fasset Call Centre on 086 101 0001 or visit www.fasset.org.za

Fasset Update

March 2013