Management Control

Management Control

Criteria

Weighting Points

Compliance Target

Board participation:

 

 

Exercisable voting rights of Black board members as a percentage of all board members

2

50%

Exercisable voting rights of Black female board members as a percentage of all board members

1

30%

Black Executive directors as a percentage of all executive directors

2

50%

Black female Executive directors as a percentage of all executive directors

1

30%

Other Executive Management

 

 

Black Other Executive Management as a percentage of all Other Executive Management

2

60%

Black female Other Executive Management as a percentage of all Other Executive Management

1

30%

Senior Management

 

 

Black Employees in Senior Management as a percentage of all Senior management

2

60%

Black Female Employees in Senior Management as a percentage of all Senior management

1

30%

Middle Management

 

 

Black Employees in Middle Management as a percentage of all Middle management

2

75%

Black Female Employees in Middle Management as a percentage of all Middle management

1

38%

Junior Management

 

 

Black Employees in Junior Management as a percentage of all Junior management

1

80%

Black Female Employees in Junior Management as a percentage of all Junior management

1

40%

Employees with disabilities

 

 

Black Employees with Disabilities as a percentage of all Employees

2

2%

Bonus Points

 

 

Number of Black Employees with Disabilities over and above the 2% target for Black Employees with Disabilities as a percentage of all Employees

2

1% (over and above 2% target)

Key Principles:

  • Compliance targets must be met in accordance with the overall demographic representation of the Black Economic Active Population (EAP). This is applicable on the indicators measuring Senior, Middle and Junior Management.
  • Management Control must be measured based on current status of payroll.
  • If a measured entity does not distinguish between Other Executive Management and Senior Management, then Other Executive Management is measured as a single indicator with a weighting of 6 points. Split as 4 and 2.

 

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