SETA Funding
Discretionary Grants
These programs are specifically designed to address critical and scarce skills identified in its sectors, as delineated in the Sector Skills Plan (SSP), in adherence to the newly enacted regulations.
This grant becomes applicable when an employer undertakes initiatives to address scarce and critical skills within the sectors through various PIVOTAL programs.
Learnerships
These programs, formally registered with the Department of Labour, comprise both practical (70%) and theoretical (30%) components, culminating in a full qualification.
Skills Programs
Short courses varying in duration (1 day, a week, a month, etc.), consisting of one or more unit standards.
Apprenticeships
Involving on-the-job training with accompanying study, enabling practitioners to gain licensure in a regulated profession.
Workplace Experience Placements
These placements, whether paid or unpaid, are part of a study course and typically arranged through a university with an employer or by the student, spanning an agreed period.
Internships
Designed for candidates who have completed their training but lack the requisite workplace experience before employment.
Learnerships stand out as an effective means to augment training expenditure, as the salary of the learner can be included in the overall training costs. Employers, through the learnership process, not only enhance the skill levels of their workforce but also could recover the learnership fees from their respective SETA.
For eligibility for SETA funding, employers are urged to initiate contact with their SETA by providing a Letter of Intent (LOI). This preliminary step is essential to determine the feasibility and appropriateness of SETA funding for their proposed initiatives. Learnerships serve to increase your training spending without incurring additional costs, thereby augmenting your B-BBEE score.
Contact
- +27 11 842 4000
- info@wacotraining.co.za
- 181 Barbara Road, Elandsfontein, Gauteng, 1600
LEVEL 2
BBBEE COMPANY
Whistle Blowers
0800 205 065
