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
|Skills Development Elements
|Skills Development Expenditure of black as a percentage of the Leviable Amount.
|Bursaries for Black Students at Higher Education Institutions
|Skills Development Expenditure on black employees with disabilities as a percentage of the Leviable Amount
|Learnerships, Apprenticeships, and Internships (LAI) as a percentage of total employees.
Full time employment of black people at the end of their LAI as a percentage of the total (Bonus Points).
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:
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