WORKPLACE SKILLS PLANS / ANNUAL TRAINING REPORTS SUBMISSION
What is a Workplace Skills Plan?
The Workplace Skills Plan (WSP) is intended to document the skills needs in a company and to describe the range of skills development interventions that the company will use to address these needs.
A WSP must be developed and submitted every year in order to comply with current Skills Development legislation. By complying with legislative requirements, a company is granted access to the various SETA grants available for skills training. However, in order to qualify for these grants, organisations must also ensure that their Annual Training Reports (ATR) are also submitted.
What is an Annual Training Report?
The Annual Training Report (ATR) accompanies the WSP and is submitted along with the WSP. As stated above, the ATR is intended to show your progress against your last WSP. The report reflects the education, training and development that were implemented in the previous year. Your ATR will assist you in identifying the success/ failure of your previous efforts, thus allowing you to identify areas which you can improve on in order to remain effective and competitive. Records of all education, training and development activities should be available to confirm the information given in the report.
Who must submit WSP's and ATR's?
All employers who pay more than R500,000 per year in salaries must be registered to pay Skills Development Levies (SDL), and all of them can submit WSPs and ATRs. If they do and fulfil all the requirements, the will get back 20% of the SDL that they paid.
Why submit WSP and ATR?
The WSP/ATR submission provides access to the mandatory grant, as well as discretionary grants advertised by the SETA. This data provides the SETA with insight into its specific industries to better equip them to provide further development and support to its stakeholders. WSP and ATR submission also enables a company to receive points for BEE purposes.