From Expense to Investment
The Practical Approach to Bursaries
In our experience, organisations often consider bursaries when opportunities to secure additional B-BBEE points elsewhere on the scorecard have been exhausted. Given the potential cost and administration involved, bursaries are frequently left until other options have been explored.
But what if the same bursary investment could deliver more than just points?
Bursaries can be structured in different ways, from straightforward, points-focused programmes to initiatives that support talent development, workforce planning and employee retention. The opportunity lies in understanding which approach makes business sense and whether the investment can deliver a meaningful return.
The BEE Chamber’s new session explores four bursary models, their different business applications and the practical considerations involved in selecting the right approach.
What You’ll Walk Away With
- Where bursaries fit within the B-BBEE scorecard and when they become worth considering.
- Four bursary models and how each can support different business objectives.
- Cost versus value and how to assess the potential return on bursary investment.
- Making the right decision by aligning bursaries with workforce needs, budgets and business priorities.
- Alternative scorecard opportunities through Skills Development or Socio-Economic Development.
- Practical bursary management from student selection to monitoring and verification.
Who Should Join
- B-BBEE and Transformation Managers
- HR, Learning & Development and Employment Equity Managers
- Finance Managers and Financial Directors
- Business Owners and Executives responsible for transformation investment decisions
Please note: This session focuses on the requirements of Generic companies. EME and QSE companies are not covered
Meet Your Facilitator
Zanele Shabangu
B-BBEE Consultant