B-BBEE Skills Spend Strategy
The Skills Development Expenditure (SDE) element is a priority element on the B-BBEE scorecard. This means that a company has to aim for at least 40% on the SDE element, otherwise they drop a level on the overall scorecard.
Revised B-BBEE Scorecard
The revised B-BBEE 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.
| Skills Development Scorecard | Generic Enterprises | ||
| Skills Development Elements | Weighting points | Compliance Target | |
| 2.1.1.1 | Skills Development Expenditure of black as a percentage of the Leviable Amount. | 6 | 3.50% |
| 2.1.2.2 | Bursaries for Black Students at Higher Education Institutions | 4 | 2.50% |
| 2.1.2.3 | Skills Development Expenditure on black employees with disabilities as a percentage of the Leviable Amount | 4 | 0.30% |
| 2.1.2 | Learnerships, Apprenticeships, and Internships (LAI) as a percentage of total employees. | 6 | 5% |
| 2.1.3 | Full time employment of black people at the end of their LAI as a percentage of the total (Bonus Points). | 5 | 100% |
Skills College Solutions for Skills Development Expenditure Spend Needs
Companies need to make sure if the sector in which they operate has its own B-BBEE scorecard.
Skills College, a Level 2 B-BBEE Skills Development spend specialist, offers comprehensive, tailor-made solutions incorporating the following Skills Development elements:
Do you have an exciting project that you would like to discuss?