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Performance Management
Fasset PresentationOctober 2008
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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
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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
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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
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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
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Fasset Best Practice Awards
• Large employer finalists
1. Anglo American
2. Deloitte
3. Ernst & Young
• Winner: Ernst &Young
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Fasset Best Practice Awards
• Medium employer finalists1. Guarantee Trust
2. SAB&T
3. Silica Financial Administrative Solutions
• Winner: Silica Financial Administrative Solutions
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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.
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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
