Alva Group Occupational Health and Safety Services

The Benefits of Learnership Training for Employers

The new year has arrived, and if you’re searching for a fresh start for your company in 2023, learnerships might be the way to go. Implementing learnerships will not only enhance your company’s B-BBEE scorecard and qualify it for tax incentives of up to R120 000, but they will also serve to educate and upskill your workforce. It’s a solution with considerable benefits for both employers and employees, and it has the potential to help your company grow over the coming year.

Why Were Learnerships First Established?

The South African government introduced learnerships as a means of reducing unemployment, fostering talent, and bridging the gap between theoretical knowledge and real-world work experience in the spirit of transformation. Learners are now able to advance their education through these skill development programmes, and workers are creating a pool of skilled labour that may either be absorbed into their own organisations or released into industry.

How Do Learnerships Benefit Employers?

There are a lot of real advantages to establishing learnerships in your company, from B-BBEE scores to tax incentives:

  • You’ll have access to a pool of skilled, experienced employees, giving you a distinct competitive advantage in your sector.
  • Your dedication to skill development will benefit your B-BBEE standing and raise your scorecard’s B-BBEE rating.
  • You can benefit from learnership tax incentives, which let employers claim up to R120 000 for each student who successfully completes their degree.
  • Additionally, you will profit from monthly Employment Tax Incentives (ETI) for each person between the ages of 18 and 29 that you hire.
  • By allowing previously underprivileged employees or unemployed people the chance to upskill themselves and gain qualifications, learnerships with SETA registration will help you achieve your employment equity goals.
  • Through the hiring of qualified, knowledgeable, and competent personnel, you’ll help to promote skill development, job creation, and economic growth while eventually enhancing the productivity and value of your organisation.

How Do Learnerships Benefit Employees and Unemployed Individuals?

Implementing learnerships in the workplace can have definite advantages for every person participating in the programme, just as there are very genuine benefits for businesses:

  • the possibility of generating revenue while getting useful work experience and new skills.
  • the capacity to obtain a certification that is recognised, increasing their worth and employment.
  • an increase in confidence, self-worth, confidence, and morale.
  • creating employment chances for persons who were previously jobless.

Implementing Learnerships with Alva Group

Partnering with an organisation like Alva is the next step if you believe that investing in skills development is the best course of action for your company. You’ll not only get more value for your money, but you’ll also qualify for tax breaks, upskill your workforce, build a skilled labour pool, and support B-BBEE compliance.

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