ADVANTAGES OF USING A SETA ACCREDITED TRAINING PROVIDER
According to the Skills Development
Act, organizations will only be able to claim grants on the basis of
NQF registered unit standards and qualifications.
This is equal to 50% on all monies spent on payment on the Skills
Development Levies Act. (All companies that have an income in excess of
R500 000/PA are required to pay 1% of all salaries to the Skills
Development Levies Fund). Please note: Companies are not
able to claim 50% of monies spent on training, but 50% of all monies
paid to the Skills Development Levies Funds.
It enables the client to establish that the training provider used is
not a "FLY-BY-NIGHT" training provider but is indeed a recognized
training provider, with recognized standards.
The short supply of skilled staff is a serious obstacle to the
competitiveness of industry in South Africa. The levy grant scheme,
imposed by the Skills Development Act, 1998, and the Skills Development
Levy Act, 1999, aims to expand the knowledge and competencies of the
labour force. Improvements in employability and productivity will be
achieved through new approaches to planning for training, learning
programmes, incentives and an improved employment service.
Participating fully in the scheme will allow the client to reap the
benefits of a better skilled and more productive workforce.
Learners receive certificates complying with SAQA and SETA
standards.
Lifelong learning is promoted by means of adherence to the National
Qualifications Act which is enforced by government.
