Notifications
In the current South African landscape, it has become increasingly important to be as inclusive as possible, and in as many aspects as possible too. This is no different when it comes to business. While more and more companies are starting to take people of various sexualities and genders more seriously, especially those that wear their tattoos, piercings, opinions and ideologies on their metaphorical sleeves, there is still some concern when it comes to one’s race. Despite the fact that a majority of our country’s population is made up of the black and coloured community, there are still many businesses that seem to focus solely on employing those that fall under the white community.
This has been and continues to be a huge problem when looking at our economic growth, preventing large portions of our local population from being able to find stable jobs in order to support themselves as well as their families. It is specifically because of this that our government has made efforts in rectifying such mistakes, coming in the form of B-BBEE. This is a movement that the South African government has been working towards implementing across local businesses, aiming to have as many black and coloured individuals employed into as many stable workplaces as possible.
This comes with benefits that affect both the individual, as well as the company that chooses to employ them. In terms of the company, there are many different things that can be done in order to benefit the business once the individual has been employed, allowing the business in question to receive points towards their overall scorecard. By using a BBBEE scorecard calculator, you can more easily see how your business stands above your competitors, depending on the activities that you choose to participate in.
There are a few different activities that you can implement into your workplace, each providing its own number of points that can then be added to your BBBEE scorecard calculator in order to find out exactly how compliant your business is, allowing you to then experience a multitude of benefits that are sure to enhance your business in the short and long-term.
The points that you can add to your BEE scorecard calculator are as follows:
As B-BBEE becomes more and more prominent throughout South Africa’s business world, it has become increasingly advantageous to become BEE compliant. By being more compliant than your competitors, it becomes significantly easier to land deals with other BEE-compliant companies, while also allowing your business to secure stock and supplies from suppliers at a reduced rate. Similarly, your business may be seen in a better light when it comes to potential clientele, ensuring them that your business is one that is one that is working towards the improvement and continual growth of the larger community that lives within South Africa. Start using the BBBEE scorecard calculator for your business today!