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

Codes of Good Practice on Black Economic Empowerment

Code Series 800 : Codes of Good Practice for Qualifying Small Enterprises (QSE’s)

4. Statement 803 : Employment Equity for QSE's

4.1 The QSE Employment Equity scorecard
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4.1.1)The following table represents the criteria used for deriving a score for employment equity under this statement:

 

Criteria

Weighting Points

Compliance Targets

Years 0–5

Years 6-10

Black employees of the Measured Entity who are Management as a percentage of all Management adjusted using the Adjusted Recognition for Gender

15

40%

60%

Black employees of the Measured Entity as percentage of all employees adjusted using the Adjusted Recognition for Gender

10

60%

70%

Bonus point for meeting or exceeding the EAP targets in each category above

2