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Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Code Series 400: Measurement of the Employment Equity Element of Broad-Based Black Economic Empowerment

Statement 400 : The General Principles for Measuring Employment Equity

1. Objectives of this statement

 

The objectives of this statement are to specify:

 

1.1) the scorecard for measuring the Skills Development Element of B-BBEE;

 

1.2) define the key measurement principles associated with the Skills Development Element; and

 

1.3) the formula for measuring the Skills Development Element of B-BBEE.