The Workplace Skills Plan serves to structure the type and amount of training for the year ahead, and is based on the skills needs of the organisation. A good WSP should consider current and future needs, taking into account gaps identified through a skills audit, the performance management system, succession planning initiatives, and any new process or technology changes planned for the year. Management discusses the company’s goals with employees who in turn commit to the process of achieving these goals. Management gets the opportunity to discover talent as well as skills that they did not know that they had.

The WSP/ATR submission provides access to the mandatory grant, as well as discretionary grants advertised by the SETA. This data provides the SETA with insight into its specific industries to better equip them to provide further development and support to its stakeholders. WSP and ATR submission also enables a company to receive points for BEE purposes.