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

Codes of Good Practice on Broad-Based Black Economic Empowerment

Amended Property Sector Code

Statement 000: General Principles and General Scorecard as applied to the Amended Property Sector Code

9. Skills Development

 

9.1 Enterprises in the sector are not adequately investing in skills development and consequently there are limited levels of workplace development and continued professional training. There are also an insufficient number of structured and accredited training programmes or curricula in property related professions.

 

9.2 The parties to the charter commit by gazetting the amended sector code to address the backlog in structured skills development. This programme will be designed in partnership with the sector, the SETA, the Estate Agency Affairs Board (“the EAAB”) the South African Council of Property Valuers Profession (SACPVP) and any other sector regulatory bodies, academic institutions and government.

 

9.3 Enterprises in the sector commit to achieve the following targets:
9.3.1 5% of leviable expenditure of learning programmes, specified in the learning matrix for black people as a percentage of leviable amount and, in addition to the skills development levy;
9.3.2 0.3% skills development expenditure on learning programmes, specified in the learning matrix for black employees with disabilities as a percentage of leviable amount;
9.3.3 2.5% of the total employees that are black people participating in Learnerships, Apprenticeships and Internships; and
9.3.4 2.5% of total employees that are unemployed black people participating in Learnerships, Apprenticeships and Internships.
9.3.5 You may not count individuals you counted in 9.3.4 under 9.3.3

 

9.4 In addition to the above, enterprises in the sector will:
9.4.1 Implement internships in terms of which academically qualified individuals work under supervision of qualified professionals to upgrade the professionalism in the sector;
9.4.2 Focus on recognition of prior learning to determine the level of competency in the sector and promote further development and training to improve the level of competency in the sector; and
9.4.3 Promote continuous professional development in the sector.
9.4.4 Mandatory training for the “Estate agents” or “Property practitioners” only as defined by Estate Agency Affairs Board (EAAB) regulator’s Act, similarly the SACPVP qualification for valuers, will qualify as skill development contribution.

 

9.5 All other principles under Skill Development (Code 300) in the revised codes as amended time to time (for both generic and QSE) are applicable.

 

9.6 In the instance where an unemployed learner has completed at least 6 months of a program as per clause 9.3.4 and obtained permanent, long term employment (longer than 12 months), they are eligible for recognition for absorption in the current measurement period.

 

CODE 300: SKILLS DEVELOPMENT GENERIC ENTITIES - 19 POINTS

MEASUREMENT

CATEGORY & CRITERIA

SKILLS DEVELOPMENT ELEMENT

WEIGHTING

POINTS

COMPLIANCE

TARGET

Skill Development expenditure on any programme specified in the learning programme matrix for Black people as a percentage of leviable amount

Matrix

Skills Development Expenditure on Learning Programmes, specified in the Learning Programme Matrix for Black people as a percentage of leviable amount

8

5%

Matrix

Skills Development Expenditure on Learning Programmes, specified in the Learning Programme Matrix for black people with disabilities as a percentage of Leviable Amount

3

0.3%

Learnerships, apprenticeships and internship

Learnerships/ Apprenticeship  and Internship

Number of black employees participating in Learnerships, Apprenticeships and Internships as a percentage of total employees

4

2.5%

Number of previously unemployed black people participating in Learnerships, Apprenticeships and Internships as a percentage of total employees

4

2.5%

 

Refer and use as specified in the Learning programme Matrix in the amended Codes of Good Practice.

 

SKILL DEVELOPMENT BONUS POINTS FOR GENERIC ENTITIES - 3 POINTS

 

MEASUREMENT CATEGORY & CRITERIA

BONUS POINTS

COMPLIANCE TARGET

Number of black people in any sector absorbed by the measured entity and industry entity at the end of the learnership, internship or apprenticeship programme

3

100%

 

CODE 703: SKILLS DEVELOPMENT FOR QSE ENTITIES - 17 POINTS

 

The following table represents the indicators and method for calculating score for Skill Development used this statement:

MEASUREMENT CATEGORY & CRITERIA

WEIGHTING POINTS

COMPLIANCE TARGET

Skills development expenditure on learning programmes specified in the learning programme matrix for Black people as a percentage of leviable amount

12

3%

Skills development expenditure on learning programmes specified in the learning programme matrix for Black Females as a percentage of leviable amount

5

1%

 

SKILL DEVELOPMENT BONUS POINTS FOR QSE ENTITIES - 3 POINTS

 

MEASUREMENT CATEGORY & CRITERIA

BONUS POINTS

COMPLIANCE TARGET

Number of black people in any sector absorbed by the measured entity and industry entity at the end of the learnership, internship or apprenticeship programme

3

100%