Perhaps one of the most important roles in Human Resources today, is designing and implementing an Employment Equity strategy, not only to comply with equity measures and eliminate unfair discrimination but also to attract, develop and promote diversity within the workplace. According to the Employment Equity Act, 55 of 1998, a Designated Employer is (a) […]
Coaching and Mentoring
Learning & Development Today knowledge has power. It controls access to opportunity and advancement – Peter Drucker More than half way through 2016, HR Professionals and Business Leaders alike, will by now understand the impact of everyday challenges and constant changes that are affecting the Human Capital Management function in many organisations. Company culture, the […]
Workplace Conflict Awareness
As a natural part of human relations, conflict is commonplace in the working environment, regardless of an organisation’s culture or size. Yet, in many organisations, it is often overlooked or ignored due to the negative connotation or ‘traditional view’ which leads many to believe that avoidance is a sensible solution. In support of Workplace Conflict […]
B-BBEE: Elements of the QSE Scorecard
OWNERSHIP Ownership is a priority element for both QSE’s and Large Enterprises. The ownership scorecard percentage has not changed and remains at 25% for 25 points. To avoid being discounted by 1 level, the Measured Entity must score at least 40% of the annual target for Net Value based on time graduation factor. […]
B-BBEE: The QSE Codes of Good Practice
The strategic intentions of the Qualifying Small Enterprise (QSE) Codes of Good Practice are to drive growth of small Black owned enterprises, drive local manufacturing and processing, encourage job creation and accelerate representation of Black women and youth in economic activities. The key objective is to be pro-active instead of re-active and place B-BBEE as […]
The Change in Skills
The Revised Codes of Good Practice have brought about some interesting changes to the Skills Development element, including: Skills Development has now been broken down into sub-race groups . It will no longer be required to only prove registration with your applicable SETA, all entities will be required to submit a SETA approved WSP, ATR […]
The Element of Management Control
Based on the 2007 Codes of Good Practice, the Management Control element was measured with Management Control scoring 10 points and Employment Equity scoring 15 points on the Generic Scorecard. Together with bonus points, the elements were worth 29 points. The Department of Trade and Industry improved on this, believing that meaningful transformation will only […]
B-BBEE: Ownership, a Priority Element
Ownership is now a priority element which will need to be complied with by both QSE’s and Generic enterprises. The ownership scorecard percentage has not changed significantly from that of the previous Codes, the target is still 25% however, the points have increased from 20 to 25 points. The Modified Flow Through* principle is now […]
B-BBEE: The New Scorecard Explained
The New Generic Scorecard A Generic company will be classified as an organisation whose revenue is over R50 million per annum. All three Priority elements will need to be complied with and reach the 40% sub-minimum requirements to avoid being discounted by 1 level. ELEMENT REVISED WEIGHTING Ownership 25 points Management Control 19 points […]
B-BBEE: The Revised Codes of Good Practice
The Department of Trade and Industry (DTI) published the Revised Codes on the 11th of October 2013, and provided for a provisional period of 18 months. The Revised Codes became effective from the 1st of May 2015 and brought about the following changes: 1.The number of elements has been reduced from 7 to 5 elements, […]