Companies would have received the standard “Reminder” letters beginning of September 2022 for the annual Employment Equity Reporting, which is for the period of October 2021 to September 2022.
The Employment Equity (EE) Act of 1998 was amended to empower the Employment and Labour Minister to regulate sector specific EE targets and to regulate compliance criteria to issue EE Compliance Certificate in terms of Section 53 of the EE Act. This Act will come into force on the first of September 2023.
Expected changes for 2023:
The reporting has been amended accordingly, however if you think that the new EEA Bill exempts you from reporting, it does not and you will have to complete the EEA Reports!! It is still a Bill and not signed into law by the President yet!
We are available to assist you to comply. The services offered are as follows:
This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice. Errors and omissions excepted. (E&OE)