Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2018): Youth Employment Service InitiativeAmended Code Series 000: Framework for Measuring Broad-Based Black EmpowermentStatement 000: Youth Employment Service7. Informal Skills Development Spend for the Y.E.S Initiative |
| 7.1 | Informal Skills Development expenditure for Y.E.S employees will be recognised during the Verification Process of the Skills Development element under Amended Code Series 300, Statement 300. Y.E.S Measured Entities will be able to claim up to 50% of their Skills Development Spend as Informal Training (Category F and G of the Skills Development Matrix) against the Skills Development Scorecard. |
TABLE 1 - ANNEXURE A: GENERIC ENTITY TARGETS
|
TOTAL REVENUE BAND (RM) |
MINIMUM BLACK YOUTH JOBS |
|
50 - 75 |
6 |
|
75 - 99 |
7 |
|
100 - 149 |
8 |
|
150 - 199 |
9 |
|
200 - 249 |
10 |
|
250 - 299 |
11 |
|
300 - 349 |
12 |
|
350 - 399 |
13 |
|
400 - 449 |
14 |
|
450 - 500+ |
15 |
TABLE 2 - ANNEXURE B: EME/QSE HEADCOUNT TARGETS
|
EME/QSE HEADCOUNT |
Y.E.S YOUTH TARGET |
EME/QSE HEADCOUNT |
Y.E.S YOUTH TARGET |
|
1 - 19 |
1 |
400 - 419 |
21 |
|
20 - 39 |
2 |
420 - 439 |
22 |
|
40 - 59 |
3 |
440 - 459 |
23 |
|
60 - 79 |
4 |
460 - 479 |
24 |
|
80 - 99 |
5 |
480 - 499 |
25 |
|
100 - 119 |
6 |
500 - 519 |
26 |
|
120 - 139 |
7 |
520 - 539 |
27 |
|
140 - 159 |
8 |
540 - 559 |
28 |
|
160 - 179 |
9 |
560 - 579 |
29 |
|
180 - 199 |
10 |
580 - 599 |
30 |
|
200 - 219 |
11 |
600 - 619 |
31 |
|
220 - 239 |
12 |
620 - 639 |
32 |
|
240 - 259 |
13 |
640 - 659 |
33 |
|
260 - 279 |
14 |
660 - 679 |
34 |
|
280 - 299 |
15 |
680 - 699 |
35 |
|
300 - 319 |
16 |
700 - 719 |
36 |
|
320 - 339 |
17 |
720 - 739 |
37 |
|
340 - 359 |
18 |
740 - 759 |
38 |
|
360 - 379 |
19 |
760 - 779 |
39 |
|
380 - 399 |
20 |
780 - 799 |
40 |
