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Designated Employers need to comply with the Employment Equity Act number 55 of 1998 and the Employment Equity Amendment Bill gazetted on 1 August 2014, as well as all other regulatory EE amendments.
1. Eliminate fines and penalties.
Contravention | Section 16, 17, 19, 22, 24, 25, 26 and 43 | Section 20, 21, 23 and 44 (b) |
No previous | R1 500 000 | Greater of R 1 500 000 or 2% of T/O |
One previous | R1 800 000 | Greater of R 1 800 000 or 4% of T/O |
Previous within 12 months or two previous | R2 100 000 | Greater of R 2 100 000 or 6% of T/O |
Three previous for same contravention | R2 400 000 | Greater of R 2 400 000 or 8% of T/O |
Four previous for same contravention | R2 700 000 | Greater of R 2 700 000 or 10% of T/O |
2. Be able to obtain BBBEE points under the relevant elements pertaining to Employment Equity.