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Get a Skills Development Facilitator !
Your business is paying a monthly 1% skills levy to the receiver of revenue .
This is 1% of your total payroll.
A portion thereof can be recouped by yourself from the SETA .
You stand to recover at least 20% for basic compliancy and
Another 50% by way of pre planned training grants from the SETA.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.
We have trained and registered Skills Development Facilitators ( SDF)
to act as your full time or periodic skills development consultants.
Vital Consulting- your external SDF?
Many companies opt to rather employ the services of an
external skills development facilitator
(SDF) such as Vital Consulting.
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
What are the benefits?
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 may mean :
BBBEE points for Skills Development
(Skills carries 25 points for larger companies and 30 BEE points for smaller companies)
Impacting 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 good business sense for companies to comply.