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February 2, 2023

When Will A Measured Entity Qualify For Skills Development Absorption Bonus Points?

Absorption entails the long-term permanent employment of a previously unemployed Learner, Intern or Apprentice after successfully completing the applicable accredited, registered and qualifying training programme.

In terms of the Amended Codes of Good Practice, the absorption target is calculated as 5% of the company’s total workforce.

It is important to note further education does not qualify as absorption in terms of the Amended Codes of Good Practice. Absorption applies to unemployed black people, as defined by the Act, by either the Measured Entity or within the industry.

Please also note that applicable documents will be required during the verification process to substantiate the claim of absorption bonus points. This includes, but is not limited to, the learnership agreement, certificate following completion, contract of employment, letter of appointment and payslip.

There may be different requirements applicable to other sectors. Always consult your BEE Legal Advisor for accurate and up-to-date advice.

To find out how SEESA can help your business visit our website for more:

https://www.seesa.co.za/

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