Shared Flashcard Set

Details

skills development act
Part of legislation
16
Business
12th Grade
10/18/2021

Additional Business Flashcards

 


 

Cards

Term
Why was the SDA implemented?
Definition
  • To redress past inequalities politically, socially and economically
  • To develop the skills and learning capacity of employees to decrease unemployment
Term
Right of workers according to the skills development act
Definition
  • Obtain the necessary skills and knowledge
  • Enroll in skills development programmes
  • Participate in learnership programmes
Term
Rights of business/employer according to the SDA
Definition
  • Reclaim a percentage of all levies paid- evidence of training must be provided
Term
Purpose on the Skills Development Act
Definition
  • Develop skills to improve productivity
  • Increase employability of previously disadvantaged
  • Rectify imbalances of the past
Term
Advantages of the skills development act
Definition
  • Improve productivity
  • Promotes self employment
  • Business becomes globally more competitive
  • Increased pool of skilled workers
  • Address workplace discrimination through training
Term
Disadvantages of the SDA
Definition
  • Difficult to monitor and control implementation
  • Increases cost
  • Programmes not addressing training needs
  • Extra burden on financially struggling companies
  • Attend learnerships during work hours
Term
Discriminatory actions according to the Skills Development Act
Definition
  • Prevent employees from signing for a leanership due to age or position in the workplace
  • Unfair training to certain employees
  • Providing false information in any prescribed document
Term
Implications of the SDA for businesses
Definition
  • Pay levies within 7 days after end of month
  • Benefit from an increased pool of skill workers
  • Register with SARS if total annual salary expense exceeds R500 000
  • Records must be available and kept for 5 years
Term
Compliance with the Skills Development Act
Definition
  • Register with SARS
  • One percent of employers payroll has to be paid over to the SETAs
  • More than 50 employees → appoint skills development facilitator
Term
Penalties for non-compliance with the SDA
Definition
  • Fined or forced to stop operating
  • Businesses that do not pay the SDL may not not offer learnerships or claim grants from the SDA
Term
What is the national skills development strategy
Definition
  • Improves access to training programmes
  • Improves social development through economic development
  • Encourages good quality training in the workplace to ensure on-going development of skills
Term
What is the human resources development strategy
Definition
  • Improves the supply of skills
  • Promotes social development and social justice which helps to alleviate poverty
  • Addresses skill shortages in the South African workforce
Term
Purpose of the SETAs
Definition
  • Improve the skills of employees in each economic sector
  • Control the education standards of the labour force
  • Assist with the development of skills
Term
Functions /Role of the SETAs
Definition
  • Identify what skills are needed by each sector
  • Promote leanerships and skills programmes
  • Provide training material/programmes
  • Collect levies and pay out grants as required
Term
Funding of SETAs
Definition
  • SDL paid by employers
  • Donations and grants from the public
  • Funds recieved from rendering their services
Term
Originality for SDA essay
Definition
  • 27 different SETAs in South Africa
  • SETAs were established in March 200
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