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Managing Teams to Excellence Fasset Update August 2013

Managing Teams to Excellence Fasset Update August 2013. Seta Funding Regulations. Fasset Update. August 2013. Overview of major changes Mandatory Grants (previously 50% of SDL) is now 20% 80% of the Discretionary Grants funding will be allocated to PIVOTAL programmes

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Managing Teams to Excellence Fasset Update August 2013

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  1. Managing Teams to Excellence Fasset Update August 2013

  2. Seta Funding Regulations Fasset Update August 2013 • Overview of major changes • 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 • WSP submission will be due on 30 April (and not 30 June as with current) as from 2014 • Companies implementing internships may apply for programme and site accreditation from Fasset

  3. Pivotal Grant (PG) 2013 / 2014 Fasset Update August 2013 • Previously called the Strategic Cash Grant • Now 49.5% of the SDL • Pivotal Programmes are defined as: Qualifications (degrees, diplomas), learnerships, internships – to be NQF-registered • A maximum of 29.5% can be claimed for pivotal programmes implemented with White, Indian and Coloured learners, and non-South Africans • Any unutilised portion of the 29.5% and an additional 20% may be claimed for African Black learners and learners with a disability • Those commencing, undergoing, or completing a pivotal programme in 2013 • Tariffs are applicable • Due date 15 February 2014 – may be submitted via hand delivery on Friday

  4. Learnership Cash Grant (LCG) 2013 / 2014 Fasset Update August 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 or other Seta learnership • 20 grants (any combination of entry and exit) • Black African learners & learners with a disability • Higher amount for learners with a disability • Employers with staff complement under 150 • Due date 15 February 2014 – may be submitted via hand delivery on Friday

  5. NSFAS Loan Repayment Grant (NLRG) Fasset Update August 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 – may be submitted via hand delivery on Friday

  6. NSFAS Grant Amounts Fasset Update August 2013

  7. Assessor and Moderator Grant (AMG) 2013 / 2014 Fasset Update August 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 – may be submitted via hand delivery on Friday

  8. Lifelong Learning 2013 / 2014 (calendar subject to change) Fasset Update August 2013 • Where Fasset-registered organisations can offer a venue and catering for 50 or more delegates – a specific event may be offered • Attendees must working for Fasset-registered firms or be invited by Fasset • All Non-Levy Paying firms must annually renew their Fasset registration

  9. Bridging Programme: Access into Higher Education Fasset Update August 2013 • Fasset will be funding projects 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 • 2nd 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

  10. Bridging Programme: Academic / Professional Body Qualifications Fasset Update August 2013 • Fasset will be funding projects 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

  11. Bridging Programme: Access into Employment Fasset Update August 2013 • Fasset will be funding projects designed to assist unemployed learners (NQF levels 6 – 8) and bridge the gap between theory and the workplace • Accounting and non-accounting graduates • Unemployed, part of NEET (Not in Employment Education and Training) learner population, 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

  12. FET Funding Window Fasset Update August 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

  13. Career Guidance and Provincial Strategy Fasset Update August 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

  14. Tools and Resources Fasset Update August 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 • Fasset call centre 086 101 0001

  15. Fasset Update August 2013 Thank You For more information please contact the Fasset Call Centre on 086 101 0001 or visit www.fasset.org.za

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