| 5. |
Statement 804: Skills development for QSE's |
| 5.1 |
The QSE Skills Development Scorecard |
The following table represents the criteria used for deriving a score for skills development under this statement:
|
Skills Development Element
|
Weighting Points
|
Compliance Target
|
|
Adjusted skills development spend on learning programmes for black employees as a percentage of leviable amount
|
25
|
2%
|
| 5.2 |
Key measurement principles |
| 5.2.1 |
Any Skills Development Spend by a Measured Entity that is an ABET programme is recognisable at a multiple of 1.25 to the actual value of such Skills Development Spend. |
| 5.2.2 |
Skills Development Spend includes any legitimate expenses incurred for any Learning Programme offered by a Measured Entity to its employees evidenced by an invoice or appropriate internal accounting record. |
| 5.2.3 |
Legitimate training expenses include: |
| 5.2.3.1 |
costs of training materials; |
| 5.2.3.2 |
costs of trainers including, where appropriate, the opportunity cost of internal trainers; |
| 5.2.3.3 |
costs of training facilities including costs of catering; |
| 5.2.3.4 |
scholarships and bursaries; |
| 5.2.3.6 |
accommodation and travel; and |
| 5.2.3.7 |
administration costs such as organisation of training including, where appropriate, the cost to the Measured Entity of employing a skills development facilitator or a training manager. |
| 5.2.4 |
No portion of any salary or wage paid to any employee participating as a learner in any Learning Programme constitutes Skills Development Spend unless the Learning Programme is an In-service Training Programme. |
Older Persons Act, 2006
