South Africa contributes a large portion of its national budget towards education and skills development. Approximately 1.5% of our Gross Domestic Product (GDP) is contributed towards education and training after school, most of which is received by vocational colleges and the National Skills Fund, among others. The Importance of Training Economic Benefits The majority of [...]
The construction sector is one of the perceived opportunities to address the unemployment problem in South Africa. According the Industrial Development Corporation, 44,000 jobs were created in this sector during 2016. The question is, what kind of jobs were these and how sustainable were they? According to Ian Massey, Director of MDA Consulting and professional chartered civil [...]
What is a Mandatory Grant and how do I access it? The Mandatory Grant facilitates a reimbursement of training expenses incurred (both internal and external) by a compliant employer of up to 20% of their Skills Development Levy contribution, subject to: The employer being up to date with the payments of Skills Development Levies due [...]
The development of your staff is very important in business, mainly because they are the driving force in moving your business forward. Regular skills development is essential in ensuring ongoing business development. There are a number of important reasons why skills development training can be beneficial to the business and should therefore be made a [...]
Leverage your size to their benefit: Help SMEs by giving them favourable terms on raw materials; allowing an SME to pay bulk prices for small quantities will help them compete against larger businesses. This is not a handout, but can prove to be a huge enabler for SMEs. Stick to specifics and pay on [...]
According to the latest edition of the Global Gender Gap Report almost half of all the world’s women are now in employment, , why are only 31% leading their field? Women’s marches, protests and campaigns may paint a picture of women smashing through centuries of sexual inequality, but in many, very measurable ways, the push [...]
The WSP and ATR submission deadline was on the 31st of March 2018. Preparing and submitting these documents can be very time-consuming, confusing and stressful. What is a Workplace Skills Plan? The Workplace Skills Plan (WSP) is intended to document the skills needs in a company The Workplace Skills Plan (WSP) is intended to document [...]
As small businesses in South Africa are recognised as a driving force for economic growth and creation of jobs, enterprise development programmes offered by government and corporates offer black entrepreneurs the opportunity to find support and training to further develop their small businesses. Businesses serve a critical role in driving more inclusive and sustainable development. [...]
Enterprise development is defined as the act of investing time and capital in helping people establish, expand or improve businesses. Enterprise development helps people to earn a living; it helps them out of poverty; and it leads to long-term economic growth for themselves, their families and their communities. Not only is enterprise development one of [...]
Industrial Relations vs Human Resource Management Difference between industrial relations and human resource management is that industrial relations is about establishing relationships among the stakeholders while human resource management is about managing the human resource in an organisation. This article analyses these two concepts and the difference between industrial relations and human resource management in [...]