YES aligns with government aims to redress the skewed economic realities as outlined by the B-BBEE Codes of Good Practice.
Companies that participate in YES can earn points on their B-BBEE scorecard. YES is thus required to align with the B-BBEE race requirements stipulated in the Codes, which state that B-BBEE is intended for black, Indian and coloured South Africans.
We are structured to collaborate with companies that have chosen to adopt the B-BBEE mandate.
However, for those companies not wanting to participate in YES for B-BBEE purposes, we will connect them with all job-seekers who fit their job specification – regardless of race, and including white youth.
We have updated our registration process to provide an avenue for job-seeking white youth to create a profile (through our partner organisations) and be connected with such opportunities.
The YES movement is bigger than race. It’s about every South African with resources choosing to do what they can to reshape the economic future of our country. We invite you as the public to look for ways in which you can create jobs for our youth and ignite our economy. Let’s pull together to make a better future for all.
Youth Employment Service (YES) is one of the first social compacts between government, business and labour created to give one million youth one million opportunities to succeed while securing South Africa’s economic prosperity.
How to Join the YES Youth Network Launched by President Ramaphosa? Six million young people out of work is a crisis for South Africa; our future workforce is not being educated, trained or employed. Compounding this, the longer people are out of work, the harder it is for them to re-enter the workforce.
JOHANNESBURG – South African President Cyril Ramaphosa said on Tuesday that the Youth Employment Service (YES) will improve young people’s prospects of finding employment and would help to build a more inclusive and sustainable economy.
Ramaphosa was speaking at the launch of the Youth Employment Service, an initiative between business, government, labour, civil society and young people, at the Riverside Incubation Hub in Fourways, Johannesburg.
Under the programme, businesses will create one-year paid positions for youth aged between 18 and 35 with a minimum paid stipend of R3,500 a month.
Those businesses which do not have the capacity to place more people in their organisations have the option of sponsoring the salary for a one-year placement in small and medium enterprises or to help young people start and grow their own businesses through seed funding.
Ramaphosa said that the Youth Employment Service was a timely, worthy and ambitious response to youth unemployment in the country, saying that the issue was perhaps the greatest and most pressing social and economic challenge facing South Africa at this moment in history.