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ABOVE R30 000 to R300 000ADVERTISEMENT DATE:02 May 2024Q NUMBER:Q3482024DESCRIPTION OF GOODS/SERVICES:Skills development StrategyCLOSING DATE:10 May 2024TIME:12H00VALIDITY PERIOD90 days (will automatically
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A skills development strategy is a structured plan that outlines an organization's approach to improving the skills and competencies of its workforce to meet business goals and enhance employee development.
Employers who are subject to the Skills Development Levies Act are required to file a skills development strategy. This typically includes businesses with a payroll above a certain threshold.
To fill out the skills development strategy, organizations should gather relevant workforce data, identify training needs, set goals for skills development, and complete the required forms provided by the relevant authority, ensuring all sections are accurately filled out.
The purpose of a skills development strategy is to systematically enhance the skills of employees, facilitate career advancement, improve organizational productivity, and ensure compliance with legal training requirements.
Information that must be reported includes the number of employees trained, the type of training provided, the costs incurred for training programs, and the alignment of the training with business goals.
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