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

Codes of Good Practice on Black Economic Empowerment

Code Series 400: Measurement of the Employment Equity Element of Broad-Based Black Economic Empowerment

Statement 400 : The General Principles for Measuring Employment Equity

Annexe 400(B)
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A: Calculating the Adjusted Recognition for Gender

 

The calculation of the Adjusted Recognition for Gender is as follows:

 

 

A = B - C

2

 

C is limited to a maximum of 50% 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 Skills Development Indicators

 

This formula explains the method of measurement of the criteria In the Skills Development scorecard:

 

 

A = B x D

C

 

Where:

 

A  is the score for any given criteria as referred to in the scorecard under statement 400.

 

B is the Adjusted Recognition for Gender calculated under the calculation or the Adjusted Recognition for Gender.

 

C is the target for the applicable criteria as referred to in the scorecard under statement 400.

 

D is the Weighting for the applicable criteria as referred to in the scorecard under statement 400.