Skills Development and the B-BBEE Codes
Skills Development is imperative for corporates to comply with the Broad-Based Black Economic Empowerment (B-BBEE) Codes. The Scorecard encourages corporates to aim for a minimum of 40% contribution to Skills Development to attain or retain the best possible BEE level.
Revised BEE Scorecard
The revised BEE Scorecard gazetted on 31 May and implemented in Dec 2019 enables companies to earn the maximum Skills Development points if they spend the required 3% (QSE Scorecard) or 6% (Generic Scorecard) of their annual payroll on training.
|Category||Skills Development element||Weighting points||Compliance target||Amended weighting points||Amended Compliance target|
|2.1.1||Skills Development Expenditure on any programme specified in the Learning Programme Matrix for black people as a percentage of the Leviable Amount.|
|220.127.116.11||Skills Development Expenditure on Learning Programmes specified in the Learning Programme Matrix for black people as a percentage of Leviable amount.||8||6%||6||3.5%|
|Skills Development Expenditure on Bursaries for Black Students at Higher Education Institutions||Amended||Amended||4||2.5%|
|18.104.22.168||Skills Development Expenditure on Learning Programmes specified in the Learning Programme Matrix for black employees with disabilities as a percentage of Leviable Amount||4||0.30%||4||0.30%|
|2.1.2||Learnerships, Apprenticeships, and Internships|
|22.214.171.124||Number of black people participating in Learnerships. Apprenticeships and internships as a percentage of total employees.||4||2.5%||6||5%|
|126.96.36.199||Number of black unemployed people participating in training specified in the learning programme matrix as a percentage of number of employees.||4||2.5%|
|2.1.3||Number of black people absorbed by the Measured and Industry Entity at the end of the Learnership programme.||5||100%||5||100%|
Skills College Spend Solutions for Skills Development
Skills College, a Level 2 B-BBEE Skills Development spend specialist, offers comprehensive, tailor-made solutions incorporating the following Skills Development elements: