Tag: Workplace Skills Plan (WSP)

For many companies, transformation requirements such as Broad-Based Black Economic Empowerment (B-BBEE), compliance still feel like an administrative burden. However, the Youth Employment Service (YES) initiative challenges that perception. It goes beyond compliance by offering a practical and cost-efficient tool for business growth and flexibility.

Strategic business planning in South Africa needs a forward-thinking approach so when it comes to cultivating a skilled workforce, there is one action that repeatedly delivers - the inclusion of learnerships into Workplace Skills Programmes (WSP) and Annual Training Reports (ATR).

Learnerships are an essential resource to future-proof your business. Broad-Based Black Economic Empowerment (B-BBEE) is only effective in meeting its goals if the transformative ethos of the legislation is embraced. If B-BBEE is approached with a begrudging compliance mindset, merely ticking boxes, it will fail.

The annual Annual Training Report (ATR) and Workplace Skills Plan (WSP) submission deadline is 30 April 2022 however some SETAs have already extended their submission dates. But for most the submission deadline remains at the end of this month. I unpack the importance of Skills Development Levy (SDL) for companies.

As the Workplace Skills Plan (WSP) and Annual Training Reports (ATR) submission deadline draws closer, employers are encouraged to make their skills development submissions as soon as possible because unlike the previous year, there will not be an automatic extension.