The Department of Trade and Industry (dtic) published the Youth Employment Service (YES) Initiative as Notice 502 in Gazette 41866 on 28th August 2018. The YES Initiative enables any organisation, EME, QSE or Generic to enhance its B-BBEE Level by 1 or 2 levels by providing jobs for young black people under the YES Initiative. The practice note, which contains the verification details necessary to implement YES, will be released by the dtic within the next few weeks, after which we will communicate clear registration guidelines.
A company that would like to participate in YES for B-BBEE purposes needs to achieve a YES headcount target to move 1 x B-BBEE level up. This target is based on the YES calculator. To calculate your YES Youth Target, use our handy calculator below:
YES is waiting for government to release the accompanying practice note to the promulgated gazette. Once this has been released then YES will be able to onboard participating companies and they will shortly thereafter begin their YES Youth placements.