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Scorecard.

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Presentation on theme: "Scorecard."— Presentation transcript:

1 Scorecard

2 The BEE Scorecard BEE Elements Weight Indicators Indicator Weighting
Targets Ownership 20 % Exercisable Voting Rights by Black people 3 % 25 % + 1 vote Exercisable Voting Rights in the Enterprise with Black women 2 % 10 % Economic interest in the Enterprise to which Black people are entitled 4 % 25 % Economic interest in the Enterprise to which Black women are entitled Economic interest in the Enterprise to which Black designated groups are entitled 1 % Net economic interest 7 % 20 % of the target (yr 1 to 2) 50 % (yr 2 to 5) 75 % (yr 6 to 8) 100 % (yr 8 to 10) Ownership by broad based schemes or new entrants 3% Bonus per each level of 5% Manage Exercisable Voting Rights by Black people 50 % Members of the board who are black 1% Members of the board who are black woman Senior black executive representation 2% 40% Woman Senior black executive representation 20% Black other executive representation Woman black other executive representation Black independent director representation (Bonus) The BEE Scorecard

3 Employment Equity 10 % Weighted Employment Equity Scorecard (see BEE 300) 50 % Skills Development 20 % Investment in Skills Development (including the skills development levy), as a percentage of payroll 3 % Learnerships and internships (as a percentage of employees) Preferential Procurement Level 1 (Recognition of R1.35 for every Rand spent) Level 2 (Recognition of R1.25 for every Rand spent) Level 3 (Recognition of R1.10 for every Rand spent) Level 4 (Recognition of R1.00 for every Rand spent) Level 5 (Recognition of R0.80 for every Rand spent) Level 6 (Recognition of R0.60 for every Rand spent) Level 7 (Recognition of R0.50 for every Rand spent) Level 8 (Recognition of R0.10 for every Rand spent) Enterprise Development Cumulative qualified investment into enterprise development over the past 5 years, over average net profit before tax, interest and dividend over the same 5 years 1 % (yr 1 -2) 2 % (yr 2 -5) 3 % (yr 6 -8) 4 % (yr 8- 10) Residual Element 4 % (yr 8 to 10) Indicator Weighting 100 %

4 % Points on Generic Scorecard
Total classification Contribution Level % Points on Generic Scorecard BEE Recognition Level Level 1 Contributor >= 100 points 135% Level 2 Contributor <100 >=85 points 125% Level 3 Contributor <85 >=75 points 110% Level 4 Contributor <75 >=65 points 100% Level 5 Contributor <65 >=55 points 80% Level 6 Contributor <55 >=45 points 60% Level 7 Contributor <45 >=40 points 50% Level 8 Contributor <40 >=30 points 10% Non-Compliant Contributor <30 points 0% Superior contributor


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