YES PROGRAMME

Cyril Ramaphosa’s YES Initiative will allow your company to jump two BEE levels fast and it won’t cost you a ton.
We assisted many of our clients to reach Level 8 BEE compliance in the quickest way. But in today’s competitive world, Level 8 is no longer good enough.

A Streamlined Solution

It will surprise to you how quickly we can improve your rating to Level 6. Until recently this seemed still too expensive and too much of an effort to strive for.

We can now assist you as well to improve your BEE rating with two levels in a simple and cost-effective way. Our method will show how you can get involved in creating jobs. And how to become part of the solution.

YES is the Answer

Business (and society) can never thrive with so many people being out of work.

No income means no money to spend. No money means no business for you. Nothing new here. But no money also means largescale hunger and civil unrest. And COVID-19 only made matters worse. Far worse.
But we have got an answer and a plan.

Private business, with government and labour to develop the Youth Employment Service (YES). The sole aim is to empower the youth by getting them into jobs where they can gain experience.

Big businesses

Businesses such as Unilever, Volkswagen, Absa, and Investec joined in the effort. And it is making a difference.

President Cyril Ramaphosa praised it as a “timely, worthy and ambitious response”.

Getting On-Board

Former Investec CEO Stephen Kossef accepted to become joint Chairman of YES. He said: “We need everyone to play a role here. Help the youth to get employed. This includes the small and medium-sized businesses as well as large corporates.”

You can also use YES and jump two BBBEE Levels. For far less than you would’ve paid to improve your scorecard in the past!

Wasted training… Where are the jobs?

Most of us will agree: Skills development is essential for growth, but it’s not enough.To achieve BEE compliance, companies spent vast amounts of money into skills development. And hoped for the best. But much of the training was not thought through.

But the internships and jobs did not happen.

Investing through the wrong channels

Recently a large company spent a lot of money to train a group of unemployed youths

Once they completed their training, only a few were able to find employment. Most of them remained without a job or income. It was a huge investment with a disappointing ROI.

So what to do?

The solution is to say yes to YES

And we will show you how you can ratchet up your BEE rating by as much as two levels. We developed a way to upskill and train these youths more at a lower cost.

YES In Action – Investec

Well, one example is Investec. They sponsored the training of a group of unemployed youths to become conservationists. And paid them a salary to protect endangered rhinos in sub-Saharan Africa.

The youth benefited, Investec benefited, and rhinos stand a better chance of survival as a species……….

Give Us a Call

Want to know how to redirecting your payable tax? Let’s meet

Give Us a Call

Want to know how to redirecting your payable tax? Let’s meet

Let’s Meet

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082 558 6308

(012)433-6372

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info@formentco.co.za

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