Employment Equity compliance is not necessarily something businesses realise the
importance of, whether this be purely out of a compliancy with the act
perspective or more business related matters like BEE scorecards and tenders.
Intercyte consulting assists our clients with all areas of Employment Equity
compliance ranging from completion and submission of Employment equity reports
through to Employment equity Analysis and planning.
So what do businesses need to comply with the relevant employment equity act?
All businesses employing more than fifty (50) staff members are legally required
to comply with the act. Any business employing less than 50 staff members, but
exceed their industry annual threshold is also legally required to comply with
this act. Below is a table with the industry turnover thresholds for your
perusal.
Annual Turnover Thresholds
|
Agriculture |
R 2 mil |
|
Mining & Quarrying |
R 7,5 mil |
|
Manufacturing |
R 10 mil |
|
Electricity, Gas & Water |
R 10 mil |
|
Construction |
R 5 mil |
|
Retail & Motor Trade & Repair Services |
R 15 mil |
|
Wholesale Trade, Commercial Agents & Allied Services |
R 25 mil |
|
Catering, Accommodation & Other Trade |
R 5 mil |
|
Transport, Storage & Communications |
R 10 mil |
|
Finance & Business Services |
R 10 mil |
|
Community, Special & Personal Services |
R 5 mil |