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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Financial Services  Charter

Code Series FS300: The Measurement of the Employment Equity Element of Broad-Based Black Economic Empowerment

2. Employment Equity Scorecard

 

Employment Equity - Measurement Criteria

Weighting

Target
2.1 Black disabled employees as a percentage of all employees

0.5

3.0%
2.2 Black Women disabled employees as a percentage of all employees

0.5

1.5%
2.3 Black Senior Management as a percentage of all Senior Management

3.0

60.0%
2.4 Black Women senior management as a percentage of all senior management

2.0

30.0%
2.5 Black Middle Management as a percentage of all Middle Management

3.0

75.0%
2.6 Black Women Middle Management as a percentage of all Middle Management

2.0

37.5%
2.7 Black junior management as a percentage of all Junior Management

2.0

80.0%
2.8 Black Women junior management as a percentage of all Junior Management

2.0

40.0%

Total

 

 
2.9 Bonus points for meeting or Exceeding EAP6 target for Senior Management

1

87.5%
2.10 Bonus points for meeting or Exceeding EAP7 target for Senior Management

1

87.5%
2.11 Bonus points for meeting or Exceeding EAP7 target for Senior Management

1

87.5%

 

 

6 EAP - The economically active population includes all persons between the ages of 15 and 65 years who are working, or unemployed, and excludes those who are not able to work.