BANKSETA (The Banking Sector Education and Training Authority) was set up in via the Skills Development Act of 1998, and its prime objective is to promote BBBEE and employment equity through skills development and the BANKSETA Learnerships program.
The BANKSETA Learnership Programme believes that the starting point is to target the historically disadvantaged, and to this point, it has been working closely with the School of Banking at UNISA, and it has awarded various post-doctoral research grants in areas of interest to banking from which UNISA has benefited.
South African banks spend approximately 4-5% of the payroll on training, and many banks have their own training centers, some of which rival those of top universities, which ensures that the quality of the training is amongst the best in the world.
BANKSETA?s Skill Programmes ensure that matriculants receive training for 1 year in a bank. Although entrance to a learnership and the successful completion of that learnership does not guarantee employment, 70-80% of successful learners to date have been employed by the banks.
BANKSETA does a research and a Sector Skills Plan at the beginning of every year in order to determine which jobs banks were struggling to recruit for, and fashions its learnerships for the year on the results.
BANKSETA makes use of as many banks as possible, but of course, there can be no learnership in a particular area unless there are one or more banks there. This impacted on the rural learnerships until Capitec and African Bank stepped in to help.
BANKSETA recently announced a collaboration between BANKSETA and CPUT called the Work Integrated Learning Initiative (WIL).
Students from the CPUT IT, Accounting, Internal Auditing, and Marketing Departments are given the BANKSETA Learnership opportunity to get the hands-on, practical skills needed to thrive in the working world via this initiative.
The Centre for Community Engagement and Work Integrated Learning will oversee this programme which aims to give new graduates access to on-the-job training, work experience, and mentorship, which is an invaluable asset in today?s tough job markets.
The WIL initiative will benefit new graduates as well as the banking sector; the graduates get all-important work experience and access to possible permanent work, and the banks get access to high-caliber, skilled graduates to meet their recruitment needs.
Another of BANKSETA?s initiatives is the learnerships offered to disabled learners from different communities. These learnerships form part of the government?s National Skills Development Strategy to create skills and ease poverty and unemployment as well as BANKSETA?s transformation goals.
These BANKSETA Learnerships are open to those with the necessary qualifications required to study for the National Certificate in Contact Centre and Business Process Outsourcing Support Learnership. Successful learners will receive a qualification that will give them a better chance of getting employment. Learners will earn a monthly stipend for the duration of the learnership.
The BANKSETA Learnership consists of both theoretical and practical training and will give you the opportunity to learn the skills and gain the knowledge, acceptable workplace behavior and attitude that is required in the banking and financial industry.
This Learnership Programme is funded by BANKSETA, and managed by Stanley Hutcheson and Associates. Apply online at www.sh-a.co.za and click on the BANKSETA logo.
Apart from the above learnership, BANKSETA also offers its annual flagship Letsema learnership, a 1-year Banking, and Microfinance sector learnership funded by BANKSETA. This is a 12-month learnership offered to matriculants.
This learnership is offered to matriculants in Johannesburg, Potchefstroom/Klerksdorp, Port Elizabeth, Nelspruit, Midrand, Kimberley, East London, Witbank, Pretoria, Rustenburg, Western Cape, Limpopo, Vereeniging, Bloemfontein, KwaZulu-Natal, and Upington.
The Kuyasa learnership is basically the same as the Letsema Learnership but is offered in different regions; Johannesburg, Pretoria, KwaZulu-Natal, and Western Cape.
A learnership contract is a legally binding contract and any irregularity or violation of the terms of the agreement will be dealt with in accordance with Sections 17 and 18 of the Skills Development Act, 97 of 1998.
BANKSETA, FNB and Capote Bank Learnership:
Please note that this is a FAKE advertisement!
The Bank Seta is pleased to announce that the 2015-2016 Learnership Programme in Cape Town, Western Cape, will begin on the 03 June 2015 as scheduled and that all interested individuals are invited to apply.
Learnership programmes are a partnership between government and the private sector to fight unemployment and give young people the necessary experience.
This would not be possible without the involvement of FNB and Capetec Bank. Each company will be taking 100 young people and train them with a possibility of a fulltime employment.
Please note that learnersips programmes are on a contract basis and does not necessarily mean you will get fulltime employment upon completion
This is a 12 months program. You will receive an R2500 stipulated commission for a month to cover your expenses.
To apply: Send CV to: banksetaprogram at gmail dot com
NEVER respond to any BANKSETA advertisements unless the official BANKSETA web address is given. BANKSETA will also NEVER advertise on GUMTREE! The aim of this advertisement was to get people to pay money for information – NEVER pay anything for a learnership!
The Banking Sector Education Training Authority is based in Vorna Valley, Johannesburg.
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