Many companies grapple with the setting of EE Goals that will satisfy the “equitable representation” requirement of the EE Act and also result in a SA Black Goal for B-BBEE purposes. Are they the same or are they different? Can one set EE Targets for BEE purposes and at the same time EE Goals for EE purposes? How does one do this?
Furthermore, the setting of realistic and achievable EE Goals and Targets is extremely challenging and requires careful planning. It can be a complex and time-consuming task, ordinarily beyond the reach of most employers, and even EE and BEE consultants.
Equity Pro Report solves this headache as well as enabling you to complete your EEA2 and EEA4 Reports effortlessly all by yourself!
How does Equity Pro Report work?
The user, upon payment of an Annual Licence Fee, accesses Equity Pro Report through the internet (Google Chrome, Firefox or Safari Browsers) by entering the User ID, User Name and Password provided upon payment. Once accessed, the user will follow the instructions in the User Manual and downloaded EEA2 and EEA4 Forms.
What will Equity Pro Report do for my organisation?
Equity Pro will:
Ensure that your EE Numerical Goals
are aligned to your B-BBEE requirements.
are set, for each race and gender Group, in accordance with the “equitable representation” of the suitably qualified persons requirement of the EE Act.
Reduce the risk of your organisation being fined the greater of R1.5m or 2% of turnover for not having an EE Plan that meets the “equitable representivity” requirements of the EE Act or not submitting an EE Report timeously once the EE Act Amendments are passed at the end of 2013 or early 2014.
Facilitate and ease the completion of your EEA2 and EEA4 reports without the additional cost of using a consultant.