Employers who pay PAYE are obliged by National Legislation to contribute 1% of their wage bill to the Skills Levy Fund. The Mandatory Claims provision of this fund enables employers to claim back 70% of this amount on educating/training current employees. Since most employers are not claiming this amount the funds become available for payment under the Discretionary Grant provision. This means that the Discretionary Funds become available to competitors who are investing in the knowledge and skills development of employees. Those companies who are not training are weakening in a very competitive market, especially in these very difficult economic times.
If Skills Development Facilitators submit Workplace Skills Plans that include accredited courses from accredited providers, companies can properly reclaim on their skills levies paid, and position themselves for a strong competitive advantage when the economy “turns”. If training budgets have been cut, then this is the time to make full use of the Skills Development Fund. This is the magic moment, as the economy “turns”, to begin to train staff and secure a strong position for your company, ensuring improved employee relationships and staff who are able to align their personal goals with that of the company, whilst meeting equity and skills training targets. In the words of Dr Nzimande, workplaces need to become “training spaces”. The time is now.
“Workplace experiences where career development learning is effectively embedded provide benefits to the student, their educational institution, and the workplace. A critical success factor in the workplace experience being transformational for all parties is that the underpinning reflective practices are designed around career development learning. The metaphor of the two-way mirror embodies the unique capacity which career development learning brings to the experience. Therefore, career development learning becomes the process which brings clarity and understanding to workplace experiences.”
This is a very valuable insight. Workplace mentors and/or supervisors who work with learners have a large role to play in the 70% workplace experience component of these learners. This role is insufficiently understood and often neglected.
Red Rabbit Skills Services will provide a flawless and efficient service for your skills training needs. Services offered: Unit standard aligned learning programmes. Skills programme development. Learning Programme Development. Sector Education and Training Authority (SETA) Quality Management Systems (QMS) for Accreditation applications. Assisting with tender applications for SETA discretionary grant funding. Contact Carol for a productive and professional discussion today : email@example.com
Skills Services will provide a flawless and efficient service for your skills training needs. Services offered: Unit standard aligned learning programmes, Skills programme development, Learning Programme Development, Sector Education and Training Authority (SETA) Quality Management Systems (QMS) for Accreditation applications, assistance with tender applications for discretionary grant funding with SETA’s. Contact Carol for a productive and professional discussion today: firstname.lastname@example.org