BBBEE SKILL DEVELOPMENT (QSE)
Introduction to the QSE BBBEE codes Companies must obtain a BBBEE level to do business with other companies or do business with governments. A Qualifying Small Enterprise (QSE) is one of the categories of South African businesses as per the Broad Based Black Economic Empowerment Act. Current QSE BBBEE scoring contains 30 points for skills […]
Introduction to the Generic BBBEE codes Companies must obtain a BBBEE level to do business with other companies or do business with the government. Current BBBEE scoring contains 25 points for skills development. Skills is a priority element. If the company does not score at least 40% of the 20 points (excluding the 5 bonus […]
Introduction The tax incentive was introduced in 2002. This was specific in section 12H of the taxation act. The purpose was then, and still is, to encourage companies to employ people, reduce the cost of hiring and the training of employees. The tax rebate makes program a good opportunity to upskill employees and at the same […]
Definition A learnership is a form of work-based or ‘on-the-job’ training which results in a registered qualification: National Qualification Framework (NQF). This programme therefore, should spend time learning and practising skills specific to a particular trade, in and around the workplace. It will also involve learning knowledge/theory in a classroom situation at an institution or by a […]
What is a Learnership? Learnerships provide the employer and employee with a good mix of opportunity and skills development, whereby the employer trains people into the kind of workers they require, with the skills they need, while at the same time people gain highly desirable skills for work opportunities. A learnership programme leads to an NQF registered qualification […]