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

Codes of Good Practice on Black Economic Empowerment

Code Series 300: Measurement of the Employment Equity Element of Broad-Based Black Economic Empowerment

Statement 300 : The General Principles for Measuring Employment Equity

Annexe 300(A)
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A: Calculating the Adjusted Recognition for Gender

 

 

A = B - C

2

C is limited to a maximum of 40% of the target.

 

Where:

 

A  is the Adjusted Recognition for Gender.

 

B is the percentage of employees in the measurement category that are black people.

 

C is the percentage of employees in the measurement category that are black women.

 

 

 

B: Measurement of the Employment Equity Criteria

 

This equation explains the method of measurement of the criteria In the Employment Equity scorecard:

 

 

 

A = B x D

C

Where:

 

A  is the score for the management category indicator.

 

B is the Adjusted Recognition for Gender calculated in paragraph 4.

 

C is the target for that measurement category as per paragraph 2.

 

D is the Weighting for measured indicator as per paragraph 2.