Asked by: Ignas Mailat
business and finance private equity

What Does Employment Equity EE AA mean?

Last Updated: 16th April, 2021

AA stands for Affirmative Action and EEstands for Employment Equity. An AA/EE vacancyis therefore one where recruiters will try to employ a person ofcolour, and non AA/EE vacancies are those where anyperson, regardless or colour or gender, can get theposition.

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Similarly, what does the Employment Equity Act do?

The purpose of the Employment Equity Act, No 55of 1998 is to achieve equity in the workplace bypromoting equal opportunity and fair treatment in employmentthrough elimination of unfair discrimination and implementingaffirmative action measures to redress the disadvantages inemployment experienced by designated

Beside above, what is equity status? Equity implies giving as much advantage,consideration, or latitude to one party as it is given to another.On a balance sheet, equity represents funds contributed bythe owners (stockholders) plus retained earnings or minus theaccumulated losses.

Subsequently, one may also ask, what is employment equity simple definition?

The purpose of the employment Equity planis to enable the employer "to achieve reasonable progress towardsemployment Equity", to assist in eliminating unfairdiscrimination in the workplace, and to achieve equitablerepresentation of employees from designated groups bymeans of affirmative action measures.

What is employment equity in South Africa?

The purpose of the Employment Equity Act inSouth Africa is: To promote equal opportunities and fair treatment toall in the workplace by eliminating unfair discrimination; and. Toimplement affirmative action measures to redress the disadvantagesin employment experienced in the past by members fromdesignated groups.

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What are the four designated groups that are protected in the Employment Equity Act?

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What is a designated employer in terms of the Employment Equity Act?

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Are you an employment equity candidate Meaning?

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What is an employee equity plan?

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What is an employment equity report?

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Is employment equity fair and necessary?

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What exactly is equity?

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