PRESENTATION ON BROAD-BASED BLACK ECONOMIC EMPOWERMENT 09 March 2018. This is a familiar scenario faced by many young adults who have just graduated from old-fashioned higher education programmes. Skills development is therefore a priority element. *This content is brought to you by ProudAfrique Human Capital. But there is very little financial support from her family (that is already financially stretched). The lawyer who won the Ivermectin battle for South Africans, How I finally figured out what being healthy really means, Joemat-Pettersson has track history of abusing…, © 2021 BizNews, Inc. | The Rational Perspective. Recruit and up-skill is the way forward, A Strategic Approach to Skills Development, Translating strategy into people development results, Workplace Skills Plan - more than a statement of intent, Your training budget as a strategic weapon. She completes her BCom degree in 4-years (because it’s not full time) but on graduation she has no debt and has gained 4-years working experience and soft skills training on the programme. All publications are made available purely for educational and awareness purposes, and in specific instances as directed by the Act. How is learning and skills development viewed in your company? She is awarded the BCom bursary just like Thandi but is immediately deployed within the business as a student-worker, starting with entry-level tasks to gain work experience. Skills Development expenditure on learning programmes specified in the LPM for black people as a percentage of the leviable amount: 8. SKILLS DEVELOPMENT Although the new generic EE codes has set the target for SD at 6% of the employee’s payroll for Skills Development Spend, the new construction sector code has set the targets on 2.00% for the first 2 years, 2.5% over a period of 3 – 4 years and 3.0% after year 5 for both contractors and BEPs. Nandi on the other hand, applies for and is accepted on a working student programme at a company hoping to educate students and optimise their BEE investment in a very different way. • Can help the achievement of numerical goals in terms of the Employment Equity Act. During the workshop we cover the following: Click here for contact details for EES-Siyakha. A skills pipeline approach; In-house or outsource? With the changes in the Codes, companies who choose to do nothing are likely to drop down at least 2 levels. Current BBBEE scoring contains 25 points for skills development. . She is awarded the bursary and she is off now to study full-time. The Skills Development Scorecard. What training counts? 4 Skills Development Indicator. by Keith Levenstein Published by Institute of Credit Management magazine Dec 08. Current QSE BBBEE scoring contains 30 points for skills development. Gail Styger is the CEO of Outlearning and a Director of BEESA Skills. Basic understanding to calculate the points per measurement criteria in the Skills Development Scorecard. The new BEE Codes came into effect in 2015 (BEE Training). Her family is also looking for some support from their star daughter and she is getting increasingly desperate to find work. This takes planning and effort, but will show enormous benefits to companies and their employees. Black EMEs and QSEs automatically qualify for level 1 … If you’ve ever watched the 1998 film “Sliding Doors”, you will be familiar with the concept of creating alternate scenarios for your life based on pivotal decisions. Everything from investing like Warren Buffett to the Audiobiography of Cyril Ramaphosa. She is then enrolled onto a blended, distance-learning programme and studies while she works and in her spare time. Join BeeBusinessBee in this presentation looking at the location of an organisation. • Training reports confirming participation, completion and training spend per learner. How To Improve Your Focus and Limit Distractions, Invitation to our online workshop: Restoring Your Workplace Effectiveness, World Knowledge Olympiad: Grade 8 to Grade 12 Learners, Benefits Of Online Higher Education In 2021, Government Plans To Speed Up Vaccine Rollout, COVID-19 Corona Virus South African Resource Portal, Understanding the Skills Development elements of the BEE Scorecard; Linking skills development to strategic intent, Change in individuals, teams and organisations, Maximising the effectiveness of training courses, Prioritising Training Schedule; Identifying the best courses, Ensuring a best practice approach to skills development, Achieving results through learning and development, The critical role skills plays in transformation. Broad Based BEE covers a wide variety of elements: Ownership, management employment equity, skills development, procurement, enterprise development and soci economic development. How to pay and renew your vehicle license online? GENERAL PRINCIPLES FOR MEASURING MANAGEMENT CONTROL & SKILLS DEVELOPMENT 29 January, 2014 2. Why not address these two challenges simultaneously? Our training offered includes at our venue in Kloof, Pinetown, KZN at the customers venue and our [email protected] Assessor, Moderator, Facilitator, S. What documents do I need to register my uFiling account? I'm located in the Cincinnati area, and would be happy to chat with you about your needs, and whether my session may be a fit. In that vein, Deon Oberholzer, director at ProudAfrique Human Capital illustrates the outcomes two possible avenues companies could explore to optimise their BEE skills expenditure in a way that is piecemeal and unsubstantial or one in which the learner and the company benefits in a responsible, long-term manner. This will affect your Skills Development points in … The rate at which organisations learn and can keep up with skills development has become a competitive advantage that no company should ignore. Andrew has presented to more than 500 of South Africa's leading businesses on BEE. A practical approach to Skills Development that ensures you maximise your BEE points and at the same time achieve tangible results in terms of Return on Investment on your Business and People Development Strategy. 6%(up from 3%) 1.2 • CPD (Continious professional development) aligned. We will show you how. Management Control and Skills Development has been amended to align with EAP targets, broken down in terms of race and gender; Revised Qualification Points for BEE Status Enhanced recognition for Black owned and Black women owned entities (including EME’s); 4. skills development - 25 points previously 15 5. preferential procurement and enterprise and supplier development merge 40 points , previously pp 20 and ed 15 points 6. socio-economic development 5 points ,stayed the same. Companies that poach are experiencing higher staff turnover figures that those that train! A practical approach to Skills Development that ensures you maximise your BEE points and at the same time achieve tangible results in terms of Return on Investment on your Business and People Development Strategy. • Companies receive points on the skills development scorecard only if they: - are compliant with the requirements of the Skills Development Act and the Skills Development Levies Act - have registered with the applicable SETA - have developed a Workplace Skills Plan - have implemented programmes targeted at developing Priority Skills, 2.1.1.1 Skills Development Expenditure on Learning Programmes specified in the Learning Programme Matrix for black people as a percentage of Leviable Amount 8 6 % 2.1.1.2 Skills Development Expenditure on Learning Programmes specified in the Learning Programme Matrix for black employees with disabilities as a percentage of Leviable Amount 4 0.3% And in doing so, the company not only received the full benefit of the bursary investment, but the stipend was included in the skills expense for the company and counted towards their targets for higher education funding under the revised skills development element of the codes. Please note that this presentation is based on information as provided by the DTI, issued on the 7th November 2016 and to the best of our knowledge at BEE Online, the information contained herein is accurate and reliable as of the date of INTRODUCTION Revised B-BEE Codes of Good Practice were gazetted in October 2013. The world is changing fast and to keep up you need local knowledge with global context. This is because of the challenges companies are faced with in attracting and retaining high quality Black staff. • Can make up 15% of recognised spend for BEE skills element. Previously skills development accounted for eight points on the scorecard and required 6% of a company’s annual payroll to be used on skills development initiatives. Staff turnover figures are on the increase as companies are forced to improve EE figures. areas of skills development and socio-economic development; and are therefore incentivised to increase their BEE status by adopting this Amended AgriBEE Sector Code directive for EMEs to move from Lower Levels, to Higher Levels. However, this is where their paths diverge into two very different outcomes. She also managed to save some money that she could send to the family back home. BEE Analyst is your one-stop BEE consultation and verification company, with an excellent track record to optimise BEE scorecard levels, in a cost-effective manner. The Skills Development theoretical understanding includes: What constitute as Skills Development Expenditure; In-depth understanding of the Skills Development Learning Programme Matrix (category A to G programmes) including practical examples. We examine what organizations are doing to stay relevant and competitive in this … GENERAL PRINCIPLES FOR MEASURING MANAGEMENT CONTROL & SKILLS DEVELOPMENT - BEE SEMINAR 29Jan 2014 1. The film follows the lead character, played by Gwyneth Paltrow and imagines two possible outcomes for her life based on a few crucial choices she took. The company responsible for Thandi’s education has also only fractionally benefitted from sponsoring the bursary, since many BEE skills programmes only offer a percentage deduction opportunity and Thandi herself sits with a degree and very little else. Ownership(OC), Skills Development and (SD) & Enterprise & Supplier Development(SED) Discounting of BBBEE status by 2 levels: On non-compliance with threshold requirements for any above elements results OC- 40% of Annual NET Value Target SD- 40% of the target ESD- 40% of the target set out in 2.1.1, 2.1.2 and 2.2.2 QSEs By 2000 AD ... hive by diversifying hive produce to pollen, propolis, royal jelly and bee venom. At least 6% of your payroll must be dedicated into such. Subscribe to our Newsletter to get daily updates on local affairs, with a global context. If the company does not score at least 40% of the 20 points (excluding the 5 bonus points) they will automatically drop a level on BBBEE. It all depends on HOW the business goes about up-skilling staff to genuinely drive the bottom-line and equipping the learner sustainably. Staff turnover figures are on the increase as companies are forced to improve EE figures. PRESENTATION LAYOUT Introduction Ushering in a new era for Empowerment (B-BBEE) ... Control, Skills Development, Enterprise and Supplier Development & Socio Economic Development. Skills Development expenditure on any program specified in the Learning Programmes Matrix as a percentage of the leviable amount (LPM) 1.1. Andrew Bizzell is the CEO of BEESA Consulting and a Director of BEESA Skills. Thandi chooses to go the traditional route and applies at a university and also for a bursary from one of the companies in the university booklet. Generic companies (companies with an annual turnover of more than R50 million) need to spend 6% of their payroll (leviable amount) on BEE Skills Development. Should there for any reason be a difference or contradiction between the content of our publications and the legislation, the… ... – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 118bf2-NDFiY We introduce Thandi and Nandi. National Commission on Agriculture (1976) Projections. Enterprise development Takes up 40% weighting with 4% bonus for certain criteria. To find out how they can help your business help more people like Nandi and Thandi contact ProudAfrique Human Capital today. A Qualifying Small Enterprise (QSE) is one of the categories of South African businesses as per the Broad Based Black Economic Empowerment Act. Skills development This accounts for 20% weighting with a 5% bonus for certain criteria. If she goes home now, her immediate future will be even worse. But she is now lumped with student debt and has no discernible job prospects in sight. Ultimately we do not replace the BEE Certification process but only provide evidence of skills development as per the BEE Evaluation from our expert team of BEE Analysts. 4. Learnerships; Skills Programmes; Corporate interventions, Understanding the SD elements of the BEE Scorecard, Linking skills development to strategic intent, Assessing Skills Gaps; Prioritising Training Schedule, Identifying the best courses; The importance of Learnerships. USHERING IN A NEW ERA OF Here, the extent to which a company invests in its workers and works towards the improvement of their skills and competencies with a bias to its black workforce. The company who sponsored her can either employ her or she can take her now robust CV and seek her dream job in finance. He has clearly identified the importance that Skills Development plays in a number of public events and can share effective approaches to maximise the returns your business can achieve from its skills budget. © 2021 BizNews, Inc. | The Rational PerspectiveTerms & ConditionsComments Policy. • Enjoyable, fun and engaging interactive learning. What expenses count? The only difference was the way in which the BEE skills development programme was packaged to deliver more beneficial outcomes for both Nandi and the company sponsoring her. Companies need to consider becoming a training ground for required skills in their industry or poaching from other businesses. If you have a business in South Africa, it is important to be aware of the fact that you are legally- obliged to spend financial resources in developing the skills of the workforce. Deon Oberholzer and his team from ProudAfrique Human Capital offer such leveraged skills working programmes to businesses that seek to make REAL change and TRULY benefit the lives of the people they touch while making their BEE investment work hard for them. Skills development – this measures the amount of money spent of training of black employees Enterprise and Supplier development – Procurement (your suppliers and their scores) and Development – your spend on helping other black owned enterprises grow, … Skills Development Encouraging a planned and structured approach to learning. 3. With this is mind. Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg. Learning interventions that achieve results. She is also given a monthly working-student stipend just above the minimum wage threshold instead of a salary so that she has money for living and transport. Skills development Enterprise & supplier development Socio economic development HOW TO FIT THE B-BBEE PILLARS INTO YOUR ORGANISATION Company Supply chain Environment 25% 20% 19% 40% 5% 25% shareholding 75% - 2% 6% - 2.5% payroll 80% TMPS 2% NPAT 1% NPAT Black Economic Empowerment - B-BBEE Plan Skills Development Spend on black employees as a percentage of Total staff cost 2.1.1.2 Skills Development Spend on black employees with disabilities as a percentage of Staff cost 2.1.2.1 Number of black employees on SETA accredited Learnerships as a percentage of total employees: Preferential procurement-Code 500 5.1.1 Skills administration systems required for Verification, The role of Leadership Development programmes, Effective use of Bursaries; Measuring the true cost of training, Train or poach? He is also the co-founder of the National Association of BEE Consultants (NABC) and the Chairperson for the Institute of Enterprise Development (IED). She is passionate about skills development and believes that it cannot be successful without a strategic approach and the desire for tangible results. Points: Target: 1. All care is taken to ensure that publications are correct and accurately reflect the legislation. Points on Skills Development are earned as follows: Basic understanding to calculate the points per measurement criteria in the Skills Development Scorecard. Added to this is the challenge of acquiring or retaining a desirable BEE Score. Both have, in trying circumstances, achieved a university exemption for matric. Because Triple E Training is an accredited service provider of ABET and learnerships it means that our clients can use the training as part of their Workplace Skills Plan (WSP), Annual Training Report (ATR), the skills development and preferential procurement elements of the BEE Scorecard, and to claim tax grants and SETA rebates. For the past 20 years she has worked in this field and will share with you her experience, insights and some practical ways to make things happen. BBBEE Presentation Cape Town Seminar 29 August 2014 ... INTRODUCTION The Broad-Based Black Economic Empowerment Act 53 of 2003 (“BBBEE Act”) provides the legislative framework for broad-based black economic empowerment (“BBBEE”) in South Africa. Both come from poor families and grew up in a small rural town. I have a workshop on Effective Presentation and Communication Skills for Business Leaders that can be a 1.5 hour presentation, or expanded to a half or full day workshop with group and individual exercises. The basics of the BEE scorecard. Whether you do business with government entities or not, your BEE rating is equally as important. Do you have the right systems and processes? The only difference was the way in which the BEE skills development programme was packaged to deliver more beneficial outcomes for both Nandi and the company sponsoring her. Skills is a priority element. She battles her way through unforeseen expenses and takes out loans to be able to support herself throughout her 3 year BCom degree. She is able to weather the storm and makes it to graduation, Thandi has yes, received a “free” education. This was a win-win scenario for everyone involved. They investigate the particular client's BEE matrix and come up with the perfect match for the client to gain maximum BEE Points for their skills training. The Skills Development Scorecard constitutes 25 points towards the BEE Scorecard. The Skills Development theoretical understanding includes: What constitute as Skills Development Expenditure; In-depth understanding of the Skills Development Learning Programme Matrix (category A to G programmes) including practical examples. It’s the same personal situation and the same degree but with very different outcomes. Companies must obtain a BBBEE level to do business with other companies or do business with the government.