Important Skills Development changes
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
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