Let’s Create Sustainability Together
Formentco has introduced a sustainable, tax-beneficial learnership solution in partnership with a specialist service provider that will benefit both employers and employees.
Which companies can participate in this initiative?
Any tax compliant company who turns an annual profit and seeks to create op opportunities for unemployed youth in their local communities. This also includes companies who seek to secure the available points for skills development, enterprise development or socioeconomic development on their B-BBEE scorecard.
Who qualifies to participate in the learnership?
All unemployed South African youth between the ages of 18 and 28, with at least a Grade 10 certificate or higher, and owns a smartphone. Businesses may elect to register and sponsor qualifying youth within in their local communities, or sponsor prequalified youth already registered on the national database.
How will the learnership be financed?
This initiative will be financed by your company’s learnership tax rebate after the completion of a 12-month learnership period.
How will the learners benefit from this initiative?
This initiative will enable participating businesses to create opportunities for currently unemployed youth by empowering them with a monthly stipend and seed-capital to start their own businesses.
Our Strategic Partner
SAAI endeavours for an agricultural-friendly future and believes that our network must reflect this in essence and in structure. We make use of tailor-made digital technology for recruitment, providing mandates and business-directed actions. This enables SAAI to directly communicate with our members. Given the risks that farmers have to manage daily, it is a priority to keep them abreast of affairs that affect their interests and to equip them to, through collective action, promote their interests.
082 558 6308
3rd Floor, Steven House. Brooklyn Bridge Office Park. 570 Fehrsen Street. Pretoria
© Copyright FormentCo Consulting 2022. All rights reserved.