How learnerships can add to your company’s bottom line

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SPONSORED | Seta authorities are accrediting blended learnerships as a form of qualification delivery

13 August 2021 - 10:00The official unemployment rate was 32.6% in the first quarter of 2021, according to the

“The government is encouraging companies to put employees through learnerships to upgrade their workforce,” says iLearn CEO Richard Rayne. Successful completion of a learnership will lead to a nationally recognised qualification. Learnerships play a pivotal role in the skills upliftment in SA and improving access to employment. And c

Eighty percent of discretionary grants are allocated to pivotal programmes while the remaining 20% are allocated to non-pivotal programmes . These discretionary grants come from the remaining 80% of the SDL. “Learnerships help businesses benefit from tax rebates, which is a great advantage for organisations,” says Rayne.

According to the ETI, if you employ someone who, among other things, is aged between 18 and 29, earns less than R6,000 a month and was newly employed on or after October 1 2013, you can apply for a reduction in the amount of PAYE that you need to pay for that employee.Learnerships fall under the skills development pillar of the.

 

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