What is SETA?
The Services Sector Education and Training Authority (Services SETA) must develop and implement a skills development plan, be responsible for quality control and pay out development grants along with regulating courses for skills development. For a course to be SETA approved, and subsequently recognised as a part of B-BBEE compliance, it must:
- Acknowledge the current skills of the workforce and enhance them by identifying skills requirements
- Provide validation and quality training
- Meet national standards of educational frameworks
- Certify the new participants in the labour market receive proper training
The benefits of SETA-accredited courses
Your employees will receive a high standard of training thus creating a strong and highly skilled workforce. The more training you provide, the better; not only will you qualify for additional B-BBEE points but you will also qualify for additional learnership tax rebates and SETA funding.
Mandatory employee training
Mandatory employee training often has to do with workplace relations and safety. This training is mandatory for all employees and is essential to a functioning and safe work environment. A combination of mandatory and non-mandatory training is most effective as all employees get trained for their industry-specific needs and according to the nature of their workplace.
Learnerships and B-BBEE
There are learnership programmes available for those who wish to qualify for tax rebates. This is the best way to maximise your B-BBEE points and potentially qualify for bonus points.
The beauty of using learnerships to boost B-BBEE points is that it simultaneously contributes to the South African working force. Industry entrants will be trained and educated to be able to fulfil their professional duties.
The youth of South Africa can benefit from industry-specific learnerships: self-improvement and a strengthened work ethic as well as an ability to manage responsibilities and to fully comprehend the given field, are some of the advantages the youth can enjoy.
By making these programmes available, the South African youth can also benefit from government funding. Never give up or pass up an opportunity: this is the first lesson as an individual starting a career. If the opportunity for government education arises – grab it!
You have nothing to lose and everything to gain. Companies can earn the maximum B-BBEE points while educating future employees.