Skills Development is a priority element on the Skills Development element of the B-BBEE Codes and Scorecard. “Priority element” means that, if the measured entity fails to comply, it will drop one level on its scorecard.

 The Skills Development Scorecard allocates points for:

The Skills Development Scorecard constitutes 25 points towards the B-BBEE Scorecard.

Companies with an annual turnover of more than R50 million need to spend 6% of their payroll (leviable amount) on BEE Skills Development.

 There are other advantages to Skills Development besides B-BBEE points:

Skills College focuses on assisting companies to maximise their B-BBEE Skills Development Expenditure since 2008. We have created novel ways of maximising your skills spend, with specific reference to Learner Living with Disabilities as well as obtaining those elusive Absorption points. Please feel free to contact me at jacques@skillscollege.co.za or visit  www.skilscollege.co.za for more information.

Looking forward to connecting with you!