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FASSET | Annual Integrated Report 2022/23

This can be considered positive due to the FAS Sector well as FASSET’s targets, which aim to increase youth
being predominantly a sector with young people, employment by 2030 are being put into action.
indicating that national development imperatives as

PROVINCIAL
DISTRIBUTION
The largest concentration of
employers is found in Gauteng
(58%); 21% are in the Western Cape
and 9% are based in KwaZulu-Natal.
The North West (1%) and Northern
Cape (1%) host the lowest
number of employers in SUB-SECTORS:
the sector.
TOTAL There are seven sub-
sectors: Investment Entities and
EMPLOYMENT Trusts and Company Secretarial
According to the results of the Services; Stockbroking and Financial
FASSET (2021) sector survey. Markets; Development Organisations;
The FAS sector reported a total of Accounting, Bookkeeping, Auditing
103 034 employees for the and Tax Services; Activities Auxiliary
2021/2022 nancial period, to Financial Intermediation; Business
following a decrease of 40% from FASSET and Management Consulting
2020 to 2021 (over Services; and SARS and
69 000 employees). SECTOR AT government
A GLANCE Departments.

OCCUPATION
GENDER GROUPS
More than half of the workforce is Clerical Support Workers,
composed of women. Managers and Professionals made
57% of employees in the FAS sector up more than 60 % of the
are women. workforce in which women
are dominant.

Source: Trends in Employment & Training in the FASSET Sector report, revised version February 2023.

Make the future count.
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