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

Amended Codes of Good Practice (2013)

Amended Code Series 200: Measurement of the Management Control Element of Broad-Based Black Economic Empowerment

Statement 200: The General Principles for Measuring Management Control

Annexe 200(A)

A: Measurement of Senior Management, Middle Management, and Junior Management
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A: MEASUREMENT OF SENIOR MANAGEMENT, MIDDLE MANAGEMENT, AND JUNIOR MANAGEMENT.

 

The calculation of the Management Control indicators provided for in paragraphs, 2.3.1, 2.3.2, 2.4.1, 2.4.2, 2.5.1 and 2.5.2 is as follows:

 

For each indicator where:

 

A is the percentage of Black employees for each occupational level as measured in the Management Control Scorecard using the annual EAP targets as published in the Regulations of Employment Equity Act and Commission on Employment Equity Report, as amended from time to time.

 

AM is the percentage of employees in the measurement category that are African Males.

 

CM is the percentage of employees in the measurement category that are Coloured Males.

 

IM is the percentage of employees in the measurement category that are Indian Males.

 

AF is the percentage of employees in the measurement category that are African Females.

 

CF is the percentage of employees in the measurement category that are Coloured Females.

 

IF is the percentage of employees in the measurement category that are Indian Females.

 

C is the compliance target as per the Regulations of Employment Equity Act and Commission on Employment Equity Report for that measurement sub-category.