Understanding the BBBEEE Skills Development Categories
The Skills Development Elements are varied and there are multiple channels to travel through in order to ensure compliance. The goal is for businesses to invest in the future of South Africa by supplying or funding everything from internships to learning programmes.
Learning Programmes Matrix
Skills Development expenditure on learning programmes specified in the Learning Programmes Matrix for black people is counted as a percentage from 3{0e43a96a55619c86f98cde7e53eb399b9c835381182ff4282bfff404b7e6ab1f} and up to 6{0e43a96a55619c86f98cde7e53eb399b9c835381182ff4282bfff404b7e6ab1f} of the leviable amount. Companies can score a total of 8 points for their BEE Scorecards by complying with this BBBEE Skills Development category. This can also be adjusted to recognise gender.
Skills Development expenditure on registered learning programmes that have also been specified in the Learning Programme Matrix for black employees with disabilities as a percentage of the leviable amount should aim for 0,3{0e43a96a55619c86f98cde7e53eb399b9c835381182ff4282bfff404b7e6ab1f} to receive 4 points on your BEE Scorecard. This can be adjusted to recognise gender as well.
Learnerships, Apprenticeships and Internships
To earn 4 BEE Scorecard points 2.5{0e43a96a55619c86f98cde7e53eb399b9c835381182ff4282bfff404b7e6ab1f} of your black employees need to be participating in registered learnerships, apprenticeships and/or internships. The same is true of black people not necessarily under the company’s employment currently.
By providing additional training to black employees and offering training to unemployed black individuals you are building up their skillsets. In turn, those who will eventually become employed thanks to their training will have the proper guidance from those who are already trained and employed.
Bonus Points for Absorbed Learners
An absorbed learner refers to an individual who has completed a learnership or apprenticeship and is then offered a position of permanent employment. You can be rewarded up to 5 bonus points for the Skills Development element on your BEE Scorecard.
When complying with the BBBEE skills development categories it is important to remember that you will not only be compliant for the good of your business. Investing in the training and education of South Africa’s future working force ensures a booming economy in the future. You are not only investing in compliance for your company, but for the future of the country.
For assistance with compliance visit SERR Synergy or contact us to get you started on the road to BBBEE compliance.