fasset update october 2013
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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. - PowerPoint PPT PresentationTRANSCRIPT
Fasset UpdateOctober 2013
Fasset Seta Pipeline Approach Fasset UpdateOctober / November 2012
Fasset UpdateSeptember / October 2013Fasset’s Strategy 2013 / 2014
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.
Fasset UpdateSeptember / October 2013Flow of Funds 2013 / 2014
SDL
Paid
to S
ARS
100%
National Skills Fund 20%
Seta 80%
10% Seta Admin 0.5% QCTO
20% Mandatory Grant – due 30 April 2014
49.5% Discretionary Funding(Grants due 15 April 2014)
Unclaimed monies
Fasset UpdateSeptember / October 2013Pivotal Grant 2013/2014
• 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 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
Fasset UpdateSeptember / October 2013Learnership Cash Grant
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 other Seta
• 10 entry grants per employer
• 10 exit grants per employer
• Black African 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 Exit Tariff
12 month R 5,000 R 5,000
24 month R 7,000 R 13,000
36 month R 20,000 R 20,000
Fasset UpdateSeptember / October 2013NSFAS Loan Repayment Grant
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
Fasset UpdateSeptember / October 2013NSFAS Grant Amounts
Length Tariff Amount12 (1 year) On registration R 5,000
In month 12 of the learnership R 25,000
24 (2 year) On registration 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
36 (3 year) 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
Fasset UpdateSeptember / October 2013Assessor and Moderator Grant
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
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 UpdateOctober / November 2012
Fasset UpdateSeptember / October 2013Lifelong Learning Calendar
Only firms with a valid SDL number with Fasset will be able to register for the eventsThis calendar is subject to change
Please let your Fasset host have ideas for upcoming events
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)
Fasset UpdateSeptember / October 2013Ideas for upcoming LL events?
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 UpdateSeptember / October 2013Career Awareness
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: PE College
Goldfields FET College
Elangeni FET College
Gert Sibande FET College
University of Zululand
Orbit FET College
Waterberg FET College
University of Limpopo
Sekhukhune FET College CS Barlow Campus
Sekhukhune FET College CN Phatudi Campus
Fasset UpdateSeptember / October 2013Tools
• 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 UpdateSeptember / October 2013