The Skills Development Department is responsible for the development of employees within the Banking and Microfinance Sector through capacitating Skills Development Facilitators (SDF), to develop Workplace Skills Plans (WSP), and Annual Training Reports (ATR), also referred to as Implementation Reports for the organisations they present.
Mandatory Grant Report
The Mandatory Grant Report consists of a WSP and ATR. The report is due on or before 30 April annually and must be submitted on the BANKSETA Management Information System (BANKSETA MIS) by each registered stakeholder organisation’s SDF. BANKSETA hosts annual Information Sessions to capacitate SDFs before submission takes place.
Workplace Skills Plan
The WSP reflects the intended skills development programme of a participating organisation for the year ahead. The WSP provides the basis for identifying and planning for skills development initiatives relevant to your organisations’ strategy and to individual development needs.
Reporting period is from 1 January 2016 – 31 December 2016.
Annual Training Report
The ATR reflects the actual skills development that took place within an organisation for the previous 12 month period.
The ATR provides the basis against which you can report progress towards skills development needs identified in the WSP submitted the previous year.
Reporting period is from 1 January 2015 – 31 December 2015.
The submission and subsequent approval of these two documents entitles levy paying organisations to claim back 20% of the skills levy that they paid over to SARS. It is also a pre-requisite for any BANKSETA registered organisation (levy paying or non-levy paying) to participate in BANKSETA Discretionary Grant funded projects, such as Learnerships, Bursaries, Internships, etc.
Growing skills in the banking and microfinance sector
The Skills Development Department implements a number of initiatives that support Junior and Middle Management, Occupationally Directed Qualifications, Executive Courses and International Executive Development Programmes.
For more information on the programmes, kindly click on skills programmes.