SERR Synergy assists ZF Lemförder to implement viable B-BBEE initiatives and ensure alignment of initiatives with the legal requirements of the B-BBEE Codes. We provide BEE consultation services to businesses, ranging from basic elementary requests to the most complex and integrated BEE solutions specifically aimed at addressing B-BBEE challenges.
Skills development is imperative for businesses to comply with Broad-Based Black Economic Empowerment (B-BBEE or BEE) requirements and 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. 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 SETA-accredited training initiatives (depending on the business category). The B-BBEE Code’s Learning Programme Matrix sets a number of areas where skills development is possible. These are Learnerships, Bursaries, Apprenticeships, Internships etc. Participating in the YES Programme is extremely attractive for enterprises to meet their YES targets. Should entities meet all the qualifying criteria and pre-conditions, which include conducting YES-specific learning programmes, YES can assist entities to enhance their overall B-BBEE status with up to 2 levels.
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