Tag: Anton Visser

The next three months create a mad dash to financial year-end for many businesses. Either December or February deadlines now approach quickly. With just weeks to go, finance and HR heads face mounting pressure. They must ensure all skills development measures are in place to maximise B-BBEE scorecard points.

The Skills Development component of B-BBEE scorecards has created a large and robust training industry. However, while many organisations deliver quality learnerships and skills programmes, an alarming number exploit the system and the corporate sponsors of learnerships. The consequences extend far beyond financial loss.

Employment equity compliance is a crucial aspect of fostering diversity and inclusion, ensuring businesses adhere to regulatory requirements while promoting equal opportunities. In today’s competitive business landscape, fostering a diverse and inclusive workforce is a strategic advantage. It isn’t just a regulatory requirement.

For most South African businesses, the skills development component of the Broad-Based Black Economic Empowerment (B-BBEE) scorecard is one of the most challenging and costly elements to deliver on. However, by strategically combining employed and unemployed learnerships, businesses can secure the most points for the least money spent, while achieving the best return on their training and skills development investment.