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Employment Equity Act (EEA) Penalty
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Employment Equity Act (EEA) Penalty

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Questions and Answers

What is the maximum penalty for non-compliance with the Employment Equity Act?

  • 10% of the annual turnover
  • R2.7 million
  • R2.2 million
  • R1.5 million (correct)

    • What is the variable percentage of the annual turnover used to calculate the penalty for non-compliance with the Employment Equity Act?

  • 7% of the annual turnover
  • 5% of the annual turnover
  • 10% of the annual turnover (correct)
  • 12% of the annual turnover

    • How is the penalty for non-compliance with the Employment Equity Act determined?

  • A fixed amount of R1.5 million
  • The smaller of R1.5 million and 10% of the annual turnover (correct)
  • The greater of R1.5 million and 10% of the annual turnover
  • A fixed percentage of the annual turnover

    • What is the main purpose of imposing a penalty for non-compliance with the Employment Equity Act?

    <p>To encourage compliance with the Act</p> Signup and view all the answers

    What is the relationship between the fixed amount and the percentage of the annual turnover in determining the penalty for non-compliance with the Employment Equity Act?

    <p>The smaller of the fixed amount and the percentage of the annual turnover is used</p> Signup and view all the answers

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