Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentCode Series 300: Measurement of the Employment Equity Element of Broad-Based Black Economic EmpowermentStatement 300 : The General Principles for Measuring Employment Equity2. Employment Equity Scorecard |
2.1) | The following table represents the criteria used for deriving a score for Employment Equity under this statement: |
Measurement Category & Criteria |
Weighting points |
Compliance targets |
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Years 0-5 |
Years 6–10 |
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|
2 |
25% |
3% |
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|
5 |
43% |
60% |
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|
4 |
63% |
75% |
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|
4 |
68% |
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|
3 |
2.2) | The Weighting points in the Employment Equity scorecard represent the maximum number of points possible for each of the criteria. |