BBBEE training and development solutions can benefit companies
Broad-based black economic empowerment (B-BBEE) compliance must not be seen as a “nice to have” achievement.
It is an imperative to advance economic transformation and enhance the economic participation of Black people in the South African economy, says Vikesh Rampadarath, Associate Director at Regent Business School. It is also a mechanism that can be used to provide skills development – thereby closing the skills shortage/gaps that currently exist.
As a BBBEE Level 1 contributor, Regent Business School is proud to play an active role in the transformation and upliftment of South Africa’s economy.
“We strive to provide organisations and candidates with future-oriented learning opportunities that adhere to cultural agility and innovation. “Our top-rated BBBEE training solutions provide organisations and candidates with future-oriented, innovative, and expansive learning opportunities that equip employees with transformative mindsets and future-proof-skill-sets that are great for building better livelihoods,” he said.
Within its BBBEEE solutions, Regent offers:
- Skills Development Options
- Enterprise and Supplier Development Solutions
- Socio-Economic Development and Community Engagement Solutions
- Workforce Solutions that seek to align organisational transformation, equity and skills requirements
Rampadarath said that by partnering with Regent, organisations can claim preferential spending to the value of 135% of actual expenditure as a result of Regent’s BBBEE Level 1 rating; receive possible tax rebates and bonus points for absorption of learners (T’s & C’s); improve ratings for participation in tenders; and make a positive contribution to the broader economy through impactful Enterprise, Supplier, and Socio-Economic Development initiatives.
“Did you know that providing e-learning opportunities to your employees can increase your company’s retention rate by 60%?
“Furthermore, 93% of workers are happy to stay with a company that invests in their development and career pathing,” he said.
Regent Business School offers a range of workforce solutions to various sectors including (but not limited to) Corporates, Financial Services, Retail Management, Public Sector, Supply Chain and Logistics and Health Care Services.
