1 latest trends in recruitment & selection fasset presentation july 2008

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1 Latest Trends in Recruitment & Selection Fasset Presentation July 2008

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1

Latest Trends in Recruitment & Selection

Fasset PresentationJuly 2008

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• The average spend as a % of payroll in

Europe 6 – 8 % USA 5% South Africa pre-1994 – 0.5% South Africa 2002 – 2.1% South Africa 2006 – 3% Accounting increasingly employing foreign

learners

Did you know….?

• Increase in employment of foreign learners

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Reasons for Scarce Skills

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Scarce Skills

OFO Code Occupation

Employment2007*

Retentionproblems

VacancyRates**

Upwardpressure

onSalaries

MANAGERS

135 Information and Communication Technology (ICT) Managers

135102 ICT Project Manager 190 √ 5.9  

PROFESSIONALS

221 Accountants, Auditors and Company Secretaries

221100 Trainee Accountant 13 910 √ 6.1 √

221101 Accountant (General) 13 300 √ 6.1 √

221203 External Auditor 2 880 √ 15.9 √

221204 Internal Auditor 580   8.3  

223 Human Resource and Training Professionals

223101 Human Resource Advisor 110   7.3  

223301 Training and Development Professional 260   5.9  

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Scarce Skills Continued

OFO Code OccupationEmployment

2007*Retentionproblems

VacancyRates**

Upwardpressure

onSalaries

224 Information and Organisation Professionals

224103 Statistician 30   20.9  

224301 Economist 40 √ 60.7 √

261 Business and Systems Analysts, and Programmers

261102 Systems Analyst 470 √ 31.1  

261303 Software Engineer 160   6.3  

CLERICAL AND ADMINISTRATIVE WORKERS

551 Accounting Clerks and Bookkeepers

551101 Accounting Clerk 730 √ 6.7  

551201 Bookkeeper 4 230 √ 6.5 √

591103 Purchasing Officer 120   14.0  

SALES WORKERS

611201 Insurance Agent 110   6.4  

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Learner Support Strategies

• Academic interventions• Non-academic and personal support• Student-to-student support• Interventions for lecturers• Bursaries and grants

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Sector Profile

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Changes in Employment 2005 – 2007

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Employment Expectations 2007-12

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Labour Demand Projections 2007-12

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Learnership Cash Grant

• Due 31 March 2009• Supports:

SMME’s NLP’s Transformation objectives Scarce skills learnerships Higher amount for people with

disabilities

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Strategic Cash Grant

• Maximum of 20% of the SDL for expenses

• Due 31 March 2009 for training in the period 1 January to 31 December 2008

• Common claim areas:

Internal bursaries (for employed staff) External bursaries (for unemployed

people) Workplace experience

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Grant Calculation Example

• Annual Payroll R 2,300,000

• SDL 1% R 23,000

• Mandatory Grant 50% R11,500

• Strategic Cash Grant 20% R4,600

• FSA assistance in MG, not SCG

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Free Training

July• Latest Trends in Recruitment & Selection

August• Labour Law Update 2008

September• Labour Law Update 2008• Performance Management

October• Managing Time & Stress Effectively

November• Managing Time & Stress Effectively• Return on Investment / Train the Trainer?

Register www.fasset.org.za

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Seta Benefits

Fasset Merseta Bankseta

Discretionary Grant

Lifelong Learning

ABET

Voucher Scheme

Workplace Readiness

Employee Development

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Estimation of Benefits Example

Fasset Initiative Estimate Value

Mandatory Grant R 11,500

Strategic Cash Grant R 4,600

ABET – 1 learner R 5,000

Learnership Cash Grant – 3 trainees R 81,000

Fasset Skill Advisors R 2,000

Lifelong Learning – 12 events R 24,000

Total R 128,1000

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Thank YouFor queries call

Fasset Call Centre

086 101 0001

www.fasset.org.za

Thank YouFor queries call

Fasset Call Centre

086 101 0001

www.fasset.org.za