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THE

BEECHAMBER

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NEWS

SKILLS DEVELOPMENT BONUS POINTS


The 5 Bonus Points for Skills Development in exchange for meeting Absorption targets can meaningfully impact an organisations overall B-BBEE Scorecard. At a B-BBEE Verification, an organisation will be measured against clause 2.1.3 of Statement 300, 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 taking advantage of the Bonus Points on offer. Please note that the General Amended B-BBEE Codes of Good Practice requirements may differ from those of the Sector Codes.

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