FRTC provides onsite training at each clientele’s ofﬁces. Each employer has designated training rooms/conference rooms on the premises, that are used when their staff undergo training.
BENEFITS OF ON-SITE TRAINING LOCATION The biggest advantage of on-site training is the location. With the training done on the company’s premises, employees save valuable time, which otherwise would have been lost on commuting from the company’s premises to the trainer. On-site training also allows the company to accommodate for longer employed, more experienced senior managerial staff to share their experiences with the class. PRIVACY FRTC has signed conﬁdentiality agreements in place with each Client, protecting all their company information. TAILORED PROGRAMME CONTENT FRTC has customised the training for each client’s operational requirements, thereby ensuring that regulatory requirements are met; an example would be FAIS legislation application and operational requirements of staff to ensure their work duties are within the requirements of legislation. BOOSTS EMPLOYEE PRODUCTIVITY AND PROFITS Employees can grow new skills, develop existing skill sets, and gather new knowledge about products and services that will boost their on-the-job productivity. Given that most training programmes from universities and training institutes are quite time consuming and expensive on individual based training, with on-site training, employees do not have to leave the ofﬁce premises. Since the training is conducted in group sessions, the cost for such training is signiﬁcantly reduced as the Employer subsidises the training for their employees. EMPLOYEES HAVE ACCESS TO TRAINING THAT WORKS AROUND THEIR SCHEDULE With on-site training, the company schedules training according to a Training Calendar that suits the training needs and work schedule of both the employer and the employee.
KEEPS EMPLOYEES UP TO DATE ON CURRENT COMPANY PROTOCOLS AND ONGOING LEGISLATIVE REQUIREMENTS While many employees are offered entrance level training when they ﬁrst join a company, continuous training provides them the opportunity to further develop their skills and extend their life-long learning. Since company processes are constantly evolving, it is critical that staff are offered access to new training. On-site training gives professionals the opportunity to keep abreast of current updates in their areas of speciality to remain innovative and relevant within industry trends, that may also give them an added advantage at work, in terms of progression.
BENEFITS OF LEARNERSHIPS FOR COMPANIES RELEVANCE OF TRAINING TO BUSINESS NEEDS: • Learnerships are developed by the industry for the industry, in consultation with all relevant stakeholders, so the learning programme and qualiﬁcation of the Learners are relevant to the speciﬁc occupation. • The outcomes of the learning programme meet the standards for the industry. • Greater credibility of qualiﬁcations, as employers have the assurance that the learners can demonstrate the level competence achieved in completion of their qualiﬁcations. • Opportunity to collaborate with training providers in customising learning programmes to meet speciﬁc workplace needs. IMPROVED SKILLS AND WORK PERFORMANCE: • A Learnership is a tool for multi-skilling, as it develops the competence of employees in every component of the work process of an occupation. • The learning route of a Learnership is more effective in promoting the practical application of learning in the workplace than most other routes. • Because employees will be acquiring new knowledge and skills and applying these in the workplace, companies will be raising the skills levels of employees while improving work performance.
ACHIEVEMENT OF EMPLOYMENT EQUITY OBJECTIVES: • Progress in meeting Employment Equity targets, since previously disadvantaged employees have opportunities to improve their work-related competence and obtain qualiﬁcations. APPROPRIATELY TRAINED RECRUITMENT POOL OF POTENTIAL EMPLOYEES: • Employers will be able to select employees from a wider pool of appropriately qualiﬁed workers who have developed skills that are relevant to the company’s speciﬁc work context. INCREASED RETURN ON INVESTMENT IN TRAINING: • Higher returns from the Skills Levy and investment in training, due to transfer of learning to the job, as well as increased grant disbursements from Skills Levy contributions. FRTC provides training by means of specialised initiatives, being learnerships programmes that we provide to government and private companies.
It is our vision at FRTC to become the most successful and preferred training company to the Finance, Banking and Insurance Industries in South Africa. FRTC is based in Durban, KwaZulu-Natal, serving clients nationwide.