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THE

BEECHAMBER

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NEWS

SKILLS DEVELOPMENT BONUS POINTS

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The 5 Bonus Points for Skills Development can significantly enhance an organization's B-BBEE Scorecard by focusing on the absorption of 'Black' individuals into permanent positions after completing internships, learnerships, or apprenticeships. Organizations are measured against specific criteria during B-BBEE Verification, emphasizing the importance of meeting absorption targets.

The 5 Bonus Points for Skills Development in exchange for meeting Absorption targets can meaningfully impact an organisation’s overall B-BBEE Scorecard. At a B-BBEE Verification, an organisation will be measured against clause 2.1.3 of Statement 300 of the Amended General B-BBEE Codes of Good Practice, which states:

 

"Number of ‘Black’ People absorbed by the Measured and Industry Entity at the end of the Internship, Learnership and Apprenticeship programme under Paragraph 2.1.2.1"

 

Skills Development Services are available to guide members in accessing the Bonus Points on offer.  Please note that the General Amended B-BBEE Codes of Good Practice requirements may differ from those of the B-BBEE Sector Codes of Good Practice.

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