SKILLS DEVELOPEMENT ACT Flashcards

1
Q

Purpose of the act SDA

A
  • increase employment opportunities for previously disadvantaged people
  • improve skills and qualifications to ensure economic development for a better standard if living
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2
Q

How is it funded SDA

A

Levy - 1% of total payroll which then goes to SETA (sector education and training authority)

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3
Q

Name 2 positives SDA

A
  • more skills in business leads to better preformance and improved competitive advantage
  • more training opportunities for employees
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4
Q

Name 2 negatives
SDA

A
  • 1% is an additional expense as it can’t come off salaries
  • smaller businesses may find it difficult to find time to allow staff to go in training and have negative implications on productivity
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