AMENDED FSC SERIES FS800-MANAGEMENT-CONTROL
Detail for AMENDED FSC SERIES FS800-MANAGEMENT-CONTROL
THE QSFI MANAGEMENT CONTROL SCORECARD
The following table represents the indicators and method for calculating a score for management control in this statement:
Criteria |
Weighting Points |
Compliance Target |
1.1 Executive Management |
||
1.1.1 Black representation in executive management |
5 |
50% |
1.1.2 Black female representation in executive management |
2 |
25% |
1.2 Senior, Middle and Junior management |
||
1.2.1 Black representation in Senior, Middle and Junior management |
6 |
60% |
1.2.2 Black female representation in Senior, Middle and Junior Management |
2 |
30% |
Total |
15 |
|
- KEY MEASUREMENT PRINCIPLES
- For the purpose of the QSFI scorecard, executive management include other executive management as described in the general principles of statement FS200.
- For the purpose of the QSFI Scorecard, Senior, Middle and Junior management refers to those positions as categorised for Employment Equity purposes.
- A measured entity must use the current payroll data in calculating its score under the management control scorecard.
- Key measurement principles in statement FS200 are applicable to this statement.
- Any interpretation or calculation of a QSFI score for management control must be made in accordance with statement FS 200.
- The demographic representation of black people as defined in the Regulations of the Employment Equity Act and the Commission on Employment Equity report are not applicable to the QSFI Scorecard.