The Skills Development Act (SDA) (Grade 12 NSC Matric Business Studies): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
SDA Act number & year
SDA Act number & year
Act No. 97 of 1998
SDA purpose re: historical inequality
SDA purpose re: historical inequality
Provide training to previously disadvantaged groups
Positive SDA impact on productivity
Positive SDA impact on productivity
Employees become more knowledgeable through training
Negative SDA impact on businesses
Negative SDA impact on businesses
Time-consuming, expensive, administratively burdensome
Annual payroll threshold for SDA levy
Annual payroll threshold for SDA levy
R500,000
Skills Development Levy percentage
Skills Development Levy percentage
1% of annual payroll
Most serious SDA non-compliance penalty
Most serious SDA non-compliance penalty
Licence revocation by Labour Court
SETA full form
SETA full form
Sector Education and Training Authorities
Learnerships definition
Learnerships definition
Theoretical & practical training leading to qualifications
Age requirement for learnerships
Age requirement for learnerships
16-35 years old