BANKSETA ANNUAL REPORT 2023

deviations

Reason for

Annual information

sessions and one on one support to employers

ensures increased submission of

WSPs so that the

mandatory grants can be claimed

Not applicable Not applicable

0 5 0 0 Not applicable Not applicable

2022/23

Deviation from

planned target to

actual achievement

Large: No deviation Medium: 7 Small: 20

Actual

achievement 2022/23

Large: 73

Medium: 49

Small: 321

Board approved 3-year rolling

research agenda was submitted to DHET by

compliance due date

Planned target 2022/23

Large: 73

Medium: 42

Small: 301

Submit Board

approved three-year rolling research

agenda to DHET by

compliance due date

performance 2021/22

Audited actual

477 Large:73

Medium: 40

Small: 302

Board approved 3-year rolling

research agenda

submitted to DHET

by compliance due date

performance 2020/21

Audited actual

Board approved 3-year rolling

research agenda

submitted to DHET

by compliance due date

Annual Performance Report for the Period 1 April 2022 to 31 March 2023 Outcome Output Output indicator Encourage and simplify WSP submissions for employers 2.1.1 Number of employers participating in the WSP process Development of 3-year rolling research agenda 2.2.1 Board approved 3-year rolling research agenda submitted to DHET by compliance due date Research partner sourcing 2.2.2 Number of research partners appointed

A credible sector skills planning

mechanism that

identifies relevant

skills priorities to

meet the labour

market demands

for the banking and

alternative banking sector

A credible sector skills planning

mechanism that

identifies relevant

skills priorities to

meet the labour

market demands

for the banking and

alternative banking sector

Programme 2: Skills planning 2.1 Mandatory grants

2.2 Research and benchmarking

39

BANKSETA ANNUAL REPORT 2022/23