HUMAN RESOURCES 101 (PTY) LTD

Payroll

Background:

A tough economy, more regulation, new technologies, expanding global markets, greater competition – all these factors test organisations to become more flexible and responsive, to operate in a riskier, costlier and more complex environment. But while complexity can be a burden, it is also an opportunity. An opportunity to create new and better strategies, develop new products, expand into new markets, rethink business models and become more efficient to gain competitive advantage.

A company may seem to be empowered in terms of the scorecard yet in fact is doing little to facilitate real transformation. Other companies spend huge amounts of money and resources that result in genuine transformation without improving their scorecard rating. The trick is to simultaneously achieve both and find real optimisation.

B-BBEE ELEMENTS:

Exempt Micro Enterprise (EME):  Turnover less than R10 million

Qualifying Small Enterprise (QSE): Turnover above R10 million but below R50 million

QSE Scorecard Elements:

  1. Ownership = 25 points
  2. Management Control = 15 points
  3. Skills Development = 25 points
  4. Enterprise and Supplier Development = 30 points
  5. Socio-Economic Development = 5 points

Generic: Turnover above R50 million

Generic Scorecard:           Element

  1. Ownership = 25 points
  2. Management Control = 15 points
  3. Skills Development = 20 points
  4. Enterprise and Supplier Development = 40 points
  5. Socio-Economic Development = 5 points

Procurement recognition levels:

B-BBEE Status

Qualification

Procurement Level

Level 1

> 100 points

135%

Level 2

>95 but <100 pts

125%

Level 3

>90 but <95 pts

110%

Level 4

>80 but <90 pts

100%

Level 5

>75 but <80 pts

80%

Level 6

>70 but <75 pts

60%

Level 7

>55 but <70 pts

50%

Level 8

>40 but <55 pts

10%

Non-Compliant

>40 points

0%

Balancing opportunity and challenge requires innovation and this is where HR101 can assist. We offer BBBEE consultation and broad Management Consulting to companies that want to drive innovation for success. HR101 will help you quickly understand how to define operating strategies, translate them into an execution plan and ultimately get things done.

How does HR101 add value to your organization:

    • Analysing your current business strategies and BBBEE policy in place.
    • Reviewing your BBBEE requirements.
    • Determining your BEE Status.
    • Identifying the right charter and scorecard for your business.
    • Preparing a gap analysis.
    • Designing implementation strategies (Short, Medium and Long term).
    • Tracking your BBBEE progress with tools designed for your business.
    • Providing guidance on policies i.e. Preferential Procurement, Enterprise Development, Supplier Development and Corporate Social Investment
    • Analysing ownership structures to comply to BBBEE Codes.
    • Preparation of BBBEE files for the Verification agent.
    • Liaise with BBBEE verification agency to optimise BBBEE score.
    • Develop BBBEE strategies to implement that is customised to your business.

 

THANK YOU FOR YOUR TIME AND THE OPPORTUNITY TO BE OF SERVICE TO YOU AND YOUR ORGANISATION.