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Latest Trends in Recruitment & Selection Fasset Presentation July 2008

Latest Trends in Recruitment & Selection Fasset Presentation July 2008. Did you know….?. The average spend as a % of payroll in Europe 6 – 8 % USA 5% South Africa pre-1994 – 0.5% South Africa 2002 – 2.1% South Africa 2006 – 3% Accounting increasingly employing foreign learners.

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Latest Trends in Recruitment & Selection Fasset Presentation July 2008

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  1. Latest Trends in Recruitment & Selection Fasset Presentation July 2008

  2. Did you know….? • The average spend as a % of payroll in • Europe 6 – 8 % • USA 5% • South Africa pre-1994 – 0.5% • South Africa 2002 – 2.1% • South Africa 2006 – 3% • Accounting increasingly employing foreign learners • Increase in employment of foreign learners

  3. Reasons for Scarce Skills

  4. Scarce Skills

  5. Scarce Skills Continued

  6. Learner Support Strategies • Academic interventions • Non-academic and personal support • Student-to-student support • Interventions for lecturers • Bursaries and grants

  7. Sector Profile

  8. Changes in Employment 2005 – 2007

  9. Employment Expectations 2007-12

  10. Labour Demand Projections 2007-12

  11. Learnership Cash Grant • Due 31 March 2009 • Supports: • SMME’s • NLP’s • Transformation objectives • Scarce skills learnerships • Higher amount for people with disabilities

  12. 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 • Common claim areas: • Internal bursaries (for employed staff) • External bursaries (for unemployed people) • Workplace experience

  13. Grant Calculation Example • Annual Payroll R 2,300,000 • SDL 1% R 23,000 • Mandatory Grant 50% R11,500 • Strategic Cash Grant 20% R4,600 • FSA assistance in MG, not SCG

  14. Free Training • July • Latest Trends in Recruitment & Selection • August • Labour Law Update 2008 • September • Labour Law Update 2008 • Performance Management • October • Managing Time & Stress Effectively • November • Managing Time & Stress Effectively • Return on Investment / Train the Trainer? Register www.fasset.org.za

  15. Seta Benefits

  16. Estimation of Benefits Example

  17. Thank YouFor queries callFasset Call Centre 086 101 0001www.fasset.org.za

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