1

Performance Management

Fasset PresentationOctober 2008

2

Estimation of Benefits Example

Fasset Initiative Estimate Value

Mandatory Grant 50% SDL (R23K) R 11,500

Strategic Cash Grant 20% R 4,600

ABET – 1 learner R 5,000

Learnership Cash Grant – 3 trainees R 81,000

Fasset Skill Advisors R 2,000

Lifelong Learning – 12 events R 24,000

Total R 128,100

3

Learnership Cash Grant

• Due 31 March 2009 - 2008 calendar year SMME’s NLP’s Transformation objectives Scarce skills learnerships Higher amount for people with

disabilities - R27,000 vs R47,250

4

Learnership Cash Grant

• 2007 LCG applications - 610 learners

• Black learners entering sector has increased

• Increase from 45% in 2006/07 to 51% in 2007/08

• 2,986 learners were registered on Fasset learnerships, bringing total intake until the 31 March 2008 to 29,487

5

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

• Six areas available

• Change in criteria (NQF level 1-8) –previously 5-8

6

Free Training

October 2008• Managing Time & Stress

Effectively• Performance Management

November 2008• Managing Time & Stress Effectively• Talent Management

February 2009• Mentoring & Coaching

March 2009• Budget & Tax Update

April 2009• Budget & Tax Update• Introduction to the Role of the

Skills Development FacilitatorRegister

www.fasset.org.za

7

Fasset Best Practice Awards

• Large employer finalists

1. Anglo American

2. Deloitte

3. Ernst & Young

• Winner: Ernst &Young

8

Fasset Best Practice Awards

• Medium employer finalists1. Guarantee Trust

2. SAB&T

3. Silica Financial Administrative Solutions

• Winner: Silica Financial Administrative Solutions

9

Scarce Skills – Top Scarce Skills

• Accountants, auditors and company secretaries;

• Accounting clerks and bookkeepers;

• Human resources and training professionals;

• Information and organisation professionals; and

• Business and systems analysts, and programmers.

• Shortages of accounting skills exist at all levels – from bookkeeper to registered auditor.

10

Scarce Skills – Top Scarce Skills

• Four broad educational fields or fields of study: – Accounting– Human Resources Management and Development– Information Technology– Economics and Statistics

• The employment of people with disabilities in the Fasset sector is 0.8% - well below the Department of Labour target of 4%.

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Thank YouFor queries call

Fasset Call Centre

086 101 0001

www.fasset.org.za

Thank YouFor queries call

Fasset Call Centre

086 101 0001

www.fasset.org.za