Skills Development
Priority Element
If a company do not score a minimum of 40% of the total Skills Development score, they will be Discounted by 1 B-BBEE Level on the Overall B-BBEE Certificate Level obtained at Verification.
Important to remember:
- Companies need to have a Workplace Skills Plan in place and registered with the relevant SETA. If there is no WSP then no Skills Development will be considered for Verification.
- Skills Development is measured on what was done within the previous Financial Year.
Generic Entities
- Generic Entities (R50 mil turnover) need to spend 6% of Leviable amount (Payroll) on Black people skills development according to the Economic Active Population figures (EAP).
- The 6% spend is divided into 3.5% on Skills spend and 2.5% on Bursaries.
- Generic Entities need to spend 0.30% of the 3.5% on Disabled Black people.
- Generic Entities need to do Learneships as part of the Skills Development Scorecard. 5% of Total staff count, taking EAP figures into account.
Qualifying Small Enterprises (QSE)
- QSE Entities (turnover R 10 Mil � R 49 Mil) need to spend 3% of Leviable amount (Payroll) on Skills Development for Black people.
- They do not need to look at the EAP figures.
- QSE Entities do not need to do Learnerships.