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

 

  1. KEY MEASUREMENT PRINCIPLES
    1. For the purpose of the QSFI scorecard, executive management include other executive management as described in the general principles of statement FS200.
    2. For the purpose of the QSFI Scorecard, Senior, Middle and Junior management refers to those positions as categorised for Employment Equity purposes.
    3. A measured entity must use the current payroll data in calculating its score under the management control scorecard.
    4. Key measurement principles in statement FS200 are applicable to this statement.
    5. Any interpretation or calculation of a QSFI score for management control must be made in accordance with statement FS 200.
    6. 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.

 

 

 

 

 

 

 

 

 

 

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