Companies participating in Skills Development initiatives are required to submit their Workplace Skills Plan (WSP) and Annual Training Reports (ATR) by 28 April 2017.
Points can also be earned under the new BBBEE Codes for the Skills Development priority element pending successful submission of Workplace Skills Plan Annual Training Reports 2017
The value of developing meaningful WSPs & ATRs is multi-faceted. Apart from achieving compliance and earning financial rebates, these plans and reports can also add strategic value to a business. Companies can identify their true development requirements so that they can address skills gaps and shortages and earmark the right talent for growth in order to reach their strategic objectives.
Here are some important elements to focus on when developing Workplace Skills Plan Annual Training Report 2017:
· Know what you need – a skills audit helps you to get real picture of the talent you have and the talent you need to achieve your business goals. Identifying skills and understanding the gaps ensures that you can plan and implement worthwhile training.
· Involve your team – employees’ attitudes to the training you offer are vital to the success of training interventions. You need them to be on-board and the only way to achieve that is to consult, involve and listen to them.
· Develop individual plans – mutually-agreed individual development plans help you and your team members to clarify expectations and manage growth.
· Measure success – use the ATR as a tool to reflect on the value of the training you have provided over the past year. It can help you to chart progress, identify gaps and address skills challenges.
Pay Solutions dedicated Skills Development Facilitators will help you every step of the way, don’t delay, get in touch with us today!