What is Yes 4 Youth?
YES stands for Youth Employment Service. Government have introduced a new Youth Employment B-BBEE recognition, allowing a business that meets YES targets and complies with registration criteria to move up a level on their current B-BBEE scorecard. In addition, to encourage demand-side job creation, companies employing youth between 18 and 29 years old will qualify for the Employment Tax Incentive.
YES is applying fresh thinking to create new work opportunities; giving youth a chance to establish a future, becoming self-directed and restoring their dignity.
How to get involved:
How do you fit in the YES 4 Youth programme?
Be a team player
The Youth Employment Service (YES) is a business-driven initiative which is breaking new ground by pioneering a partnership with government and labour, in collectively tackling a national plan to build economic pathways for the youth. You are empowered through this programme to contribute and to be a co-creator of a future that works.
You win when you contribute
Given the scale and implications of South Africa’s youth unemployment situation, the country cannot afford to fail. YES needs your commitment and investment today. Together, with you, YES aims to create one million jobs for youth. In this process, your firm can gain one or two levels on your B-BBEE scorecard.
Technology for the win.
There is deep value in our tech-driven youth behavioural content to nurture and motivate young people and business throughout the year. This technology assists you and our youth in succeeding in their first work experience.
The benefit to you as a company
With YES, you won’t simply be giving a young South African a job for a year – you’ll be uplifting them to take that first step towards a successful, lifelong career.
Although the government is working closely with YES, the private sector is where the majority of jobs are created.
This is why YES needs you. Together, we can invest in the employability of our youth through inclusive models, creating a future that works for all. Together, with you, YES aims to create one million jobs for youth. In this process, your firm can gain one or two levels on your B-BBEE scorecard.
What you need to consider before jumping on board:
Understand your NPAT
Net Profit after Tax (NPAT) is one of the more important figures that a company makes public.
How many you can host
The total cost for hosting a YES candidate will be about R55000 per annum. Added to this would be space for them to work and learn in your organisation.
Gaining through growth
Through their growth you gain an employee that can aide in growing your business and adding value.
The Youth Employment Service was a timely, worthy and ambitious response to youth unemployment in the country and that the issue is perhaps the greatest and most pressing social and economic challenge facing South Africa at this moment in history.
President of S.A.
How Does YES enable businesses?
Your fee makes it possible to extend YES across the country to small and medium enterprises who would not be able to pay for the youth placement, but are willing to teach and employ youth for a year at minimum salary per month. Your contribution drives employment opportunities across the country to make a scaled change for a prosperous and inclusive future.
- Contract development and facilitation and storage and evidence for B-BBEE verification process
- Supervisor / employer of youth provides feedback 4 x per year (survey through employer app) 360 feedback multi-sided approach to feedback
- Monitoring and Evaluation costs