Only a few days remain until 30 April 2019 – the final date on which South African employers can submit their Workplace Skills Plan (WSP) and Annual Training Report (ATR) to their respective Skills Education Training Authority (SETA).
CRS Technologies, a leader in HR and human capital management solutions, also points out that employers with a total salary bill of R500 000+ over a 12-month period are required to pay SDL levies to SARS every month.
SARS distributes these fees to the respective SETAs which, in turn, allocate the fees to grants.
SETAs offer mandatory grants to employers investing in their employee development, while discretionary grants are awarded to develop scarce skills.
This is where CRS can – and does – make a difference, by helping employers secure a return on the investment in their employees.
Nicol Myburgh, who heads up the HR business unit at CRS Technologies, says the company is ideally positioned to help businesses submit their SETA reports and ensure that they benefit from the process.
“The submission process is complex and requires a meticulous approach to gathering and applying information,” says Myburgh.
”The relevant legislation is extensive and must be carefully considered when compiling the workplace skills plan and annual training report. This is where CRS Technologies can assist clients in understanding the legislation and its impact, and advise them on the best practice process to compliance.”
Compliance with SARS and SETA regulation is mandatory and while Myburgh advises a careful and attentive approach, he also recommends enlisting the services of an experienced and knowledgeable partner on board for the best results.