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'My greatest concern is not whether you have failed , but whether you are content with your failure.' A.Lincoln. 'My greatest concern is not whether you have failed , but whether you are content with your failure.' A.Lincoln.
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Free in Durban areas only
Skills Development Facilitator
is a must for your business!
Q: Have you been getting your grants back from your SETA?
Q: Is someone planning , monitoring and ensuring that your training suits your BBBEE strategy ?
Q: Have you got learnerships and other BEE training programmes in place?
If the answers are no , then the chances are that you are losing money and need help.
Your business is paying a monthly 1% skills levy to the receiver of revenue .
This is 1% of your total payroll.
A portion thereof , 20% is allocated to the National Skills fund.
The balance is paid over to your SETA - Sector Education and Training authority.
The Seta is entitled to withold a small amount for administration costs.
You stand to recover at least 20% for basic compliancy and
another 50% by way of pre planned training grants from the SETA.
We have trained and registered Skills Development Facilitators ( SDF) to act as your full time or periodic skills development consultants.
Why should you bother?
There is no legal obligation to do any training or to comply as long as you are paying your monthly SKILLS DEVELOPMENT Levies to the reciever of revenue.
However, failing to run a proper skills development process/strategy :
BBBEE points for Skills Development
(Skills carries 25 points for larger companies and 30 BEE points for smaller companies).
Impact on your employment equity compliancy
( Employment Equity requires targetted upskilling and training to be implemented) .
No grants back from the SETA
(Complying enables your company to retrieve up to 70% of your skills development levy).
.Disqualification from accessing discretionary grants, learnerships and other training initiatives
These incentives and requirements make it imperative for companies to comply.
Vital Consulting as your external SDF?
Many companies opt to rather employ the services of an
external skills development facilitator
This because :
This consulting fee counts as an allowable B-BBEE EXTERNAL training spend as it falls in the sub element 'external training',
Companies get the benefit of external advice on the skills process, getting the process aligned with your BEE strategy and your Employment Equity requirements
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