Page 48 - NSF Tech Indicator
P. 48

Budget programme performance indicator 2
NATIONAL SKILLS FUND | Technical Indicator Descriptions
BUDGET SUB-PROGRAMME 1.1: EDUCATION AND TRAINING
BUDGET PROGRAMME PERFORMANCE INDICATOR 2 (ACTIVITY-BASED)
Indicator title
Number of learners funded by the NSF for education and training towards priority occupations.
Short definition
Number of NSF-funded learners for education and training.
“NSF-funded learners” means all learners funded and monitored via the NSF, whether through Skills Development Levy (SDL) funding, investment income or other sources of funding e.g. funding received from the Unemployment Insurance Fund (UIF). The NSF is responsible for sourcing additional funding over and above its traditional revenue sources, initiating these skills development initiatives, monitoring the progress on all funded learners, as well as evaluating the outcome of funded learners. Thus, irrespective as to where the funding for learners stems from, the NSF still invests time and administrative expenses into these learners and, therefore, reports on these learners. The NSF will, however, distinguish between learners funded from traditional NSF sources (e.g. the SDL and NSF investment income) and other additional revenue sources (e.g. UIF contributions) in the notes or as addendums to the annual performance report.
45


































































































   46   47   48   49   50