top of page

THE

BEECHAMBER

Asset 4.png

NEWS

Y.E.S ADMINISTRATION COSTS



Youth Employment Service (Y.E.S) B-BBEE legislation and the subsequent Practice Note 1 of 2018 are clear that expenditure for the initiative and Skills Development must remain independent of one another, which extends to administration costs. Clause 7 of the legislation references Informal Spend for Category F & G training initiatives featuring in the Skills Development Matrix which states:


“7.1 Informal Skills Development expenditure for Y.E.S employees will be recognised during the Verification Process of the Skills Development element under Amended Code Series 300, Statement 300. Y.E.S Measured Entities will be able to claim up to 50% of their Skills Development Spend as Informal Training (Category F and G of the Skills Development Matrix) against the Skills Development Scorecard”.

Further reference appears in clause 1.11 of the Practice Note:


“1.11 Y.E.S Measured Entities will be able to claim up to 50% of their Skills Development Spend as Informal Training (Category F and G of the Skills Development Matrix) against the Skills Development Scorecard for Y.E.S Eligible Employees only”.


Therefore, administration costs for Y.E.S Employees would fall under Preferential Procurement Spend and not Skills Development.


Y.E.S Management Services are available to assist members in understanding requirements under the Y.E.S Initiative.

bottom of page