There is an affirmative action policy in position within South Africa at the moment. It's something that governs the way the whole nation does business. some businesses will only work with others which have a bbbee scorecard that exhibits a rating of more the 4. Others don't really care about the bbbee rating of the companies that they do business with. The problem is, if you wish to get government grants or jobs from government you will want to have a really good bbbee rating and that means that you need to get your scorecard in order.
The first thing that you need to do is get a bbbee scorecard from each and every organization that your company does business with. Their ratings will impact your own score to some degree. You'll need these scorecards so the organization you contract in to do your bbbee evaluation will be able to do an accurate assessment. This might require some time, so make sure that you begin doing it early on. It's a wise decision to begin getting all this info together before you even contract someone to arrange your bbbee scorecard.
Additionally, you will need all of the bbbee info for your workers. You have to know their race, gender and then any disabilities they have as well as their rank within your organization. These may all count either for or against your bbbee rating. Obviously, the more black people you employ the better as this is the group of people that bbbee is aimed at uplifting. The higher up within the company they are employed the better too.
After you have all this information you can get an approved bbbee scorecard company to come in and assess your score. They might require other information so be prepared to run around gathering the data that they require.
Getting your bbbee scorecard can be quite a time consuming and expensive process, however it can really be well worth your while. The better your rating is the much more likely you are to be able to get contracts form the government and you really are more likely to be capable of getting grants from the government for things such as skills development and financial support.
Bbbee may seem like a waste of time to a few companies but it can really be worthwhile. Of course, if you don't earn more than a certain amount you're exempt from all of this and are awarded an automatic bbbee rating of 4. You just need a letter from your auditor which shows that you earn less than the required amount. Which means that doing business with small companies can in fact do a bigger organization a lot of good as they will automatically be using the services of a business that has a good bbbee rating.
If you're not concerned about your bbbee rating and don't want to get work from the government or grants from the government, then, go ahead and, go about your merry way. If you'd like these things, make certain you get your bbbee scorecard sorted out soon!
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