B-BBEE

B-BBEE

Skills Junction is a QCTO and SETA accredited skills development training provider that optimises and maximises your B-BBEE skills development spend. We work hand in hand with your BEE consultants or the BEE specialists within your organisation to design tailored solutions that not only upskill your employees, but meet your Skills Development spend targets as well.

By partnering with Skills Junction, your business gains maximum points through our unmatched methodology and strategic alignment to your business goals and objectives, your business also achieves maximum B-BBEE skills development ROI, attracts, and retains key talent, and with SETA funding and TAX deductions available - all of this could cost your business nothing.

Skills Junction offers B-BBEE aligned SETA programmes focusing directly on the skills needed in the service sector. Our core competency is to successfully manage learning projects and as project managers, Our offering includes: Learnerships for People living with disabilities ; Unemployed Learnerships ; Employed Learnerships

Strategic B-BBEE Partnership

Skills Junction is a 100% black female-owned business and a level 1 B-BBEE contributor. Our goal is to partner with your organisation to develop and implement optimised skill development strategies that meet B-BBEE requirements while also empowering and developing previously disadvantaged youth. By partnering with us, you can receive up to 135% procurement recognition.

The purpose of BEE is to bridge the gap between formal and substantive equality to ensure that all people in South Africa fully enjoy the right to equality. At Skills Junction, we intend to use BEE strategies to help achieve this objective and ensure that our services produce the desired BEE Level result while also helping to transform our economy.

Black Economic Empowerment is governed by:

  • the Broad-Based Black Economic Empowerment Act, 2003(as amended);
  • the generic Codes of Good Practice on Broad-Based Black Economic Empowerment(BEE Codes).
  • the revisions to the 2007 version of the BEE Codes were issued on 11 October 2013 and came into force on 1 May 2015; and
  • certain sector-specific Codes of Good Practice(Sector Codes). An entity operating in a sector with a Sector Code will be governed by that Sector Code and not the BEE Codes.

Skills Development and B-BBEE

Skills development along with employment equity are imperative for businesses to comply with statutory and Broad-Based Black Economic Empowerment (B-BBEE or BEE) scorecard requirements.

Skills Development in South Africa has become a strategic priority for businesses that wish to attain or retain an acceptable BEE level and also meet the requirements of the Skills Development Act. The Skills Development Act provides businesses with a solid framework to implement learning strategies towards skills development that will improve the South African workforce’s skills. With the revised BEE scorecard, companies can earn maximum skills development points if they spend the required 3% or 6% of their annual payroll on skills development programmes such as SETA-accredited training initiatives (depending on the business category).

A prerequisite for recognising any points under Skills Development on your BEE scorecard is the submission of the following:

  • Pivotal Plan;
  • Workplace Skills Plan (WSP);
  • Annual Training Report (ATR) prior to the deadline in April each year.

By paying your SDL monthly, you qualify for;

  • SETA Grants (mandatory and discretionary);
  • Substantial tax rebates when you implement learnerships in your company;
  • Maximise skills development points on your B-BBEE scorecard.

B-BBEE

Skills Junction is a QCTO and SETA accredited skills development training provider that optimises and maximises your B-BBEE skills development spend. We work hand in hand with your BEE consultants or the BEE specialists within your organisation to design tailored solutions that not only upskill your employees, but meet your Skills Development spend targets as well.

By partnering with Skills Junction, your business gains maximum points through our unmatched methodology and strategic alignment to your business goals and objectives, your business also achieves maximum B-BBEE skills development ROI, attracts, and retains key talent, and with SETA funding and TAX deductions available - all of this could cost your business nothing.

Skills Junction offers B-BBEE aligned SETA programmes focusing directly on the skills needed in the service sector. Our core competency is to successfully manage learning projects and as project managers, Our offering includes: Learnerships for People living with disabilities ; Unemployed Learnerships ; Employed Learnerships

 

Strategic B-BBEE Partnership

Skills Junction is a 100% black female-owned business and a level 1 B-BBEE contributor. Our goal is to partner with your organisation to develop and implement optimised skill development strategies that meet B-BBEE requirements while also empowering and developing previously disadvantaged youth. By partnering with us, you can receive up to 135% procurement recognition.

The purpose of BEE is to bridge the gap between formal and substantive equality to ensure that all people in South Africa fully enjoy the right to equality. At Skills Junction, we intend to use BEE strategies to help achieve this objective and ensure that our services produce the desired BEE Level result while also helping to transform our economy.

Black Economic Empowerment is governed by:

  • the Broad-Based Black Economic Empowerment Act, 2003(as amended);
  • the generic Codes of Good Practice on Broad-Based Black Economic Empowerment(BEE Codes).
  • the revisions to the 2007 version of the BEE Codes were issued on 11 October 2013 and came into force on 1 May 2015; and
  • certain sector-specific Codes of Good Practice(Sector Codes). An entity operating in a sector with a Sector Code will be governed by that Sector Code and not the BEE Codes.

 

 

Skills Development and B-BBEE

Skills development along with employment equity are imperative for businesses to comply with statutory and Broad-Based Black Economic Empowerment (B-BBEE or BEE) scorecard requirements.

Skills Development in South Africa has become a strategic priority for businesses that wish to attain or retain an acceptable BEE level and also meet the requirements of the Skills Development Act. The Skills Development Act provides businesses with a solid framework to implement learning strategies towards skills development that will improve the South African workforce’s skills. With the revised BEE scorecard, companies can earn maximum skills development points if they spend the required 3% or 6% of their annual payroll on skills development programmes such as SETA-accredited training initiatives (depending on the business category).

A prerequisite for recognising any points under Skills Development on your BEE scorecard is the submission of the following:

  • Pivotal Plan;
  • Workplace Skills Plan (WSP);
  • Annual Training Report (ATR) prior to the deadline in April each year.

By paying your SDL monthly, you qualify for;

  • SETA Grants (mandatory and discretionary);
  • Substantial tax rebates when you implement learnerships in your company;
  • Maximise skills development points on your B-BBEE scorecard.