Important Skills Development changes
- Jan
- 24
- 2013
The latest SETA (Sector Education Training Authority) grant regulations were published on 3rd December 2012.
The important changes are as follows:
- The reduction of SETA Skills Development Levies refunds from 50% to 20%. This means that the completion of a Workplace Skills Plan will no longer result in an automatic payment. The SETA’s will be focusing on training which results in a qualification or could lead to a qualification based on Unit Standards (Pivotal Training). They are trying to move away from short courses and in-house training which is in line with the new B-BBEE proposals for the Skills Development priority element.
- Introduction of the Pivotal grant.
- Improvement in the quantity and quality of labour market information received by SETAs in the form of workplace skills plans, annual training reports and Pivotal training reports.
- Promotion of the National Qualifications Framework (NQF) registered and quality assured Pivotal programmes that address priority scarce and critical skills needs identified in sector skills plans.
SETA Grant Regulations 2012
Short URL to this article: http://tinyurl.com/bcab55l
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