Unearth business and
youth potential with YES

Join us for our mining webinar and
let your B-BBEE scorecard take flight!

 

Let your B-BBEE scorecard take flight with YES

 

Create youth jobs by saying YES with your MySchool card

1xB-BBEE Icon

1 x B-BBEE
level up

Achieve YES Target
Absorb 2,5% of your YES youth

2xB-BBEE Icon

1 x B-BBEE level up
+ 3 points

Achieve 1.5 times YES Target
Absorb 5% of your YES youth

3xB-BBEE Icon

2 x B-BBEE
levels up

Double YES Target
Absorb 5% of your YES youth

Let YES be your best B-BBEE Booster

Check that you qualify for the YES Initiative

For Generic Entities

Total revenue: >R50M

three skyrise glass office buildings

50%

average across the 3 priority elements

 

OR

40%

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

For Qualifying Small Entities

Total revenue: R10M-R50M

Skyrise glass office building

40%

in two of the 3 priority elements, with Ownership (Net Value) being one of the two elements

OR

40%

average across 2 priority elements with ownership being one

For Exempted Micro Enterprises

Total revenue:  <R10M

One glass office building

EMEs with an annual Total Revenue below R10 Million per annum, have no sub-minimum eligibility requirements.

For Transport Sector

Human hand on car steering wheel

No subminimum eligibility requirements

YES Measured Entities need to maintain the previous B-BBEE status level obtained before participating under the YES initiative – The B-BBEE status level that needs to be maintained or improved upon is the B-BBEE status level obtained in the first year of participating under the YES initiative before YES B-BBEE.

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.

Click here to download the Practice Note and Government Gazette for full details

Interested in the B-BBEE benefit?

Use the calculator below

YES Calculation Results

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

1 B-BBEEE Level

Create Jobs and Move up

1 B-BBEEE Level * 3 Scorecard Points

Level 3

Create Jobs and Move up

2 B-BBEEE Level

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

Useful Links

Register or Calculate Your Target

YES Youth Practice Note

Amendment to the Gazette

B-BBEE FAQs Brochures

YES Verification Checklist

SANAS Verification Notice

YES Youth Affidavit Template

Clarification Statement for the Y.E.S Initiative

YES B-BBEE Certificate

BEE Booklet

Onboarding Toolkit

YES Terms & Conditions