Your business could change their lives.
Why Skills Development is important to your business.
Earning B-BBEE points is vital for most businesses competing on the South African market. There are several ways to earn these points, including Skills Development – arguably one of the simplest and most transformative B-BBEE points categories.
By funding a previously disadvantaged student’s studies, your business not only actively fuels transformation in our country, it also increases the pool of talented, highly-qualified individuals from B-BBEE-eligible backgrounds on the hiring market.
This creates excellent employment opportunities that can feed into your business’ skills shortages, increase your employment equity quota, and further maximise your B-BBEE points.
How to earn Skills Development Points.
To earn Skills Development points, all affected South African business are required to invest a percentage of their annual salary spend into the country’s Skills Development Fund via the Skills Development Levy.
To maximise their points, however, most businesses further enhance their Workplace Skills Plan by:
• Sponsoring students in qualifying learning programmes
• Absorbing sponsored students into the workforce, post-graduation, where possible