Definition of Absorption

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)


Absorption

Means a measure of the Measured Entity’s ability to successfully secure formal permanent or long-term contract employment for the Learner or to assist the Learner’s with further education and training.


BizAdvance Consulting comments and references:

Refers to the bonus points for Skills Development (2.1.3) where a learner is absorbed as an employee by the measured entity at end of learnership program.

Comments are based on the opinion of BizAdvance Consulting and may be subject to different interpretations and opinions by other parties. The comments and references are intended as a guide to readers but it is important that they are read in conjunction with the Codes and other related legislation. Please refer to our Disclaimer Policy.