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

Skills Development - Measurement Criteria

Weighting

Target

Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for Black employees as a percentage of the financial institution's  leviable amount

3.0

3.0%

Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for Black Women employees as a percentage of the financial institution's leviable amount

1.5

1.5%

Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for disabled Black employees as a percentage of the financial institution's leviable amount

0.5

0.3%

Skills Development Expenditure on Learning Programmes specified in the Learning Programmes Matrix for disabled Black Women employees as a percentage of the financial institution's leviable amount

0.5

0.15%

Skills Development - Learnerships

Weighting

Target

Number of Black employees participating in Learnerships or Category B, C and D Proqrammes as a percentage of total employees

3.0

5%

Number of Black Women employees participating in Learnerships or Category B, C and D Programmes as a percentage of total employees

1.5

2.5%