With South Africa’s unemployment rate at an all-time high, learnerships are necessary to help build a competent workforce as well as the key to boosting an organisation’s B-BBEE levels in the process. According to Richard Rayne, CEO of iLearn, a learning solutions-based business and the leader in next generation learning for business in the country, [...]
Skills development continues to play a pivotal role in the country’s economy amidst the Stats SA’s report revealed in February, stating that overall employment in South Africa had increased by 1, 5 % in the fourth quarter of 2016 with about 235 000 jobs created. Fundamentally, skills development remains South Africa’s much-needed remedy in order [...]
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 [...]
You have an annual payroll of more than R500 000 and pay your 1% of your annual payroll towards the Skills Development Levy (SDL) for the sake of being compliant. You know your staff need to be up-skilled, but neither you, nor your overworked HR manager have the time or energy to figure out what SDLs [...]
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 [...]
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 [...]
Now that your Workplace Skills Plan (WSP) is ready, how do you manage and implement it proactively? Developing a training schedule or workplace skills plan (WSP) each year to coordinate and direct the implementation of skills development interventions, is therefore of utmost importance for each organisation’s strategic goals when it comes to identifying proper skills [...]
