Total revenue: >R50M
average across the 3 priority elements
sub-minimum in 3 priority elements
* This means that Even with limited or no Black Ownership, you can qualify for a YES Level Up.
* Public/Specialised entities no subminimum
Total revenue: R10M-R50M
in two of the 3 priority elements, with Ownership (Net Value) being one of the two elements
average across 2 priority elements with ownership being one
Total revenue: <R10M
EMEs with an annual Total Revenue below R10 Million per annum, have no sub-minimum eligibility requirements.
No subminimum eligibility requirements
Priority Elements = Ownership, Skills Development and Enterprise and Supplier Development (ESD)
DO YOU QUALIFY FOR THE YES INITIATIVE?
Even with limited or no Black Ownership, you can qualify for a YES Level Up. Multinationals and family-owned businesses with no Black Ownership can make up for it with higher ESD and Skills points and participate meaningfully in B-BBEE.
Have a powerful B-BBEE impact and an impressive scorecard. All you need is to meet the sub-minimum. For Generic Entities with a total revenue of more than R50 million, a 50% average is required across all three priority elements or a 40% sub-minimum in three priority elements.
Qualifying Small Entities (QSEs) with a total revenue of R10 million – R50 million, will require 40% in two of three priority elements, with Ownership being one of the two elements. Alternatively,
QSEs will need a 40% average across two priority elements with Ownership being one of them.
For Exempted Micro Enterprises with total revenue of less than R10 million, no sub-minimum eligibility is required.
You can receive the YES B-BBEE benefits almost immediately. The dtic has offered leniency to businesses that are in their first year of participation in the programme at verification of B-BBEE
Businesses that are hosting or sponsoring YES Youth who have not yet completed eight months of their 12-month quality work experience are still able to qualify and level up, but Youth can work until their 12 months are up and then be absorbed. Only a 2,5% absorption rate is required to move one level up, while 5% will apply to move two levels up. Other details and terms are applicable.
Use the calculator below
It is the responsibility of the corporate to ensure that the figures used in this calculator are accurate and that the corporate adheres to the YES target criteria as prescribed in point 3 of the government gazette. Ensure the preceding years figures are used to calculate the YES youth targets. Please ensure that your company is familiar with the Registration Qualifications of YES as per the Government Gazette 28/08/2018 (NO.41866) and the Practice Note 12/10/2018(41975). These targets will be assessed at the time of verification and figures will be reflected on your YES registration certificate for compliance.
Based on your information supplied, ACME (Pty) Ltd will need to create 1000 employment opportunties.
Below are the B-BBEE benefits your company can gain by committing to the above target.
Create Job(s) and Move up
Create Jobs and Move up
Create Jobs and Move up
As per the draft Gazette an absorbtion of 2.5% for the first target and 5% for the second and third target is required, please review our response to the Gazette below for more information