Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersFinancial Services CharterCode Series FS400: The Measurement of the Skills Development Element of Broad-Based Black Economic Empowerment2. The Skills Development Scorecard |
Skills Development - Measurement Criteria |
Weighting |
Target |
Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for Black employees as a percentage of the financial institution's leviable amount |
3.0 |
3.0% |
Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for Black Women employees as a percentage of the financial institution's leviable amount |
1.5 |
1.5% |
Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for disabled Black employees as a percentage of the financial institution's leviable amount |
0.5 |
0.3% |
Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for disabled Black Women employees as a percentage of the financial institution's leviable amount |
0.5 |
0.15% |
Skills Development - Learnerships |
Weighting |
Target |
Number of Black employees participating in Learnerships or Category B, C and D Proqrammes as a percentage of total employees |
3.0 |
5% |
Number of Black Women employees participating in Learnerships or Category B, C and D Programmes as a percentage of total employees |
1.5 |
2.5% |