Transcript Internships & Work-based Experience Grant Policy

Internships &
Work-based
Experience Grant
Policy
Speaker: Aubrey Maseko – Learnerships
Manager
INSETA Internships Policy
Definitions
Work-based Experience grants:
 A program for learners who require work experience
in order to complete a diploma or degree (e.g.
“technikon” or technical college type courses) that
require the person to have a certain amount of work
experience in order to achieve the qualification.
Internships:
 A program for learners who require work experience
in order to gain occupational or professional
registration (i.e. engineer, lawyer, chartered
accountant) that require a person to have a certain
amount of work exposure in order to register with a
professional or occupational body.
Definitions
Eligibility Criteria
1. Companies can apply for grants for learners
who:
• have completed the Standard / FSC
Learnership Programme
• could open their own new venture in
Brokering, after the year’s internship
programme
• have achieved the theoretical Accounting
qualification
• need to comply with the theoretical
Information Technology qualification
Eligibility Criteria
Eligibility Criteria (cont.)
2. Must be a resident of South Africa.
3. Comply with selection criteria which
include ability and potential,
academic merit and the likelihood that
the candidate will successfully
complete their programme.
4. Are prepared to undergo an interview
by INSETA.
Eligibility Criteria
(cont)
Payment Matrix
Learner Type
Maximum Monthly Value
Tenure
Completed
R1500.00
Learnership graduates
for FAIS compliancy
6 months
or one
year
Accounting interns
R2000.00
One year
IT interns
R2000.00
6 months
or one
year
Pay ment Matrix
Application Dates
• No Closing date will apply to Internships /
WBE grants applications
• Funding allocations will be subject to
availability of funding.
• Application forms available on the INSETA
website www.inseta.org.za
Application Dates
Submission after Provisional
Approval
1. An employment/Internship contract for the
duration of the programme signed by all parties.
2. Have written endorsement of completion of the
theoretical component of their qualification from
their academic institution
3. Certified copies of Interns Identity Document.
4. A full programme layout.
Contract Attachments
Non-Performance Criteria
For a Learner
• In the event of an internship / work-based
experience grant recipient not completing
their programme, through absconding
from the programme, the lead employer
will be required to refund INSETA the
internship / work-based experience grants
or funds, based on a pro-rata amount.
• The lead employer will be responsible to
recover the amount from the learner
Non-performance
Criteria
Non-performance Criteria (cont)
For the Lead Employer
• Should work-based activities cease for any
reason whatsoever, INSETA will require a
pro-rata based amount from the lead
employer refunded into the Internship /
Work-based Experience account.
• The declaration signed at application stage
by lead employer will contain such
specifications.
Non-performance Criteria (cont.)