SETA ACCREDITED TRAINING PROVIDER
YourBrand™ has been designed to be delivered straight – as standard workshops – or with credits towards a formal qualification, as a SETA accredited skills programme. And, it’s uniquely built around the power of the Insights Discovery L&D system.
YourBrand™ has been aligned to unit standards from the National Certificate in General Management (NQF Level 5): the qualification that covers the skills and behaviours required for effective personal, team, leadership, and organisational growth.
And, as a SETA accredited training provider, you’re not only able to claim 100% of your spend with us towards the Skills Development portion of your B-BBEE scorecard, you can also apply for discretionary and PIVOTAL grants for any credit‑bearing programme we develop for you!
SKILLS DEVELOPMENT & B-BBEE SCORECARD
The revised B-BBEE codes set in 2015 placed more emphasis on skills development, making it a priority element on the B-BBEE Scorecard.
The generic scorecard allocates 20 points – and 5 bonus points – to skills development, requiring a spend of 6% of leviable payroll to achieve maximum score.*
Companies need to provide targeted training, with a maximum of 15% of total expenditure on internal and/or non-accredited courses.
In other words, the focus of skills development – a minimum of 85% of training spend – needs to be on accredited skills programmes: training that delivers credits towards a SAQA recognised qualification.
And, if companies don’t achieve a threshold of 40% – 8 points – they will be penalised by a drop of one level on their scorecard.
With YourBrand™ you have a great opportunity to ensure that training delivers to the bottom line, rather than considering skills development as merely compliance.
YourBrand™ has been designed to deliver results:
- Proactively develops the skills required to deliver increased business performance and profit
- Provides a ladder of development that creates career paths, and facilitates career management and succession planning
- Drives employee engagement and retention
- Enables cost-effective implementation to increase return on investment
SKILLS DEVELOPMENT LEVY
Companies with an annual salary bill of R500,000 or more pay 1% of their salary bill as a Skills Development Levy, paid monthly to SARS together with PAYE and UIF contributions.
The Skills Development Levy is then distributed to the various SETAs (Sector Education and Training Authorities) to promote learning, development, and growth of employee skills in their area of accountability.
10.5% of the levies paid are used to cover SETA administration costs, and 20% is allocated to the National Skills Development Fund (for National, rather than sector‑specific skills development initiatives).19
The remaining 69.5% is available to fund employee skills development:
- 20% as Mandatory Grants: Linked to the delivery of your Workplace Skills Plan (WSP) and Annual Training Report (ATR).
- 49.5% as Discretionary Funding: For PIVOTAL training programmes – Professional, Vocational, Technical and Academic – that result in qualifications or part qualifications (unit standards from the same qualification) on the National Qualifications Framework (NQF)
YOUR COMPLETE SOLUTION
We can develop a YourBrand™ programme for you that’s aligned to NQF unit standards to be delivered as a PIVOTAL skills development programme/s.
With its modular framework, flexibility of implementation and simple, transparent costing structure, YourBrand™ is a complete solution to your Skills Development Plan.
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