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Employment equity practices in a financial institution.

Historically, due to the policy of Apartheid, the South African labour market was
beset with inequality in access to education, skills, managerial and professional
work. Labour practices were based on race and ethnicity instead of talent,
creativity and endeavour. Today, most major organisations in South Africa are
staking their future growth on equity in the workplace. With the introduction of the
Employment Equity Act (No. 55 of 1998), employers have a responsibility to take
proactive steps in eliminating unfair discrimination and to promote equity in the
workplace, especially with regard to people from the previously disadvantaged
groups, namely Africa, Indian and Coloured people, women and the disabled.
The objective of this research is to critically evaluate how South African Financial
Institutions have progressed in creating an employment structure based on equal
opportunity and non-discrimination. This will be done using the ABSA Groups
employment equity strategy as a case study.
Employment Equity in South African organisations has become essential. The
business community at large therefore faces a very realistic challenge in order to
initiate appropriate strategic moves and accelerate the much-needed impetus for
change. Organisations will have to identify and eliminate unfair and
discriminatory policies and practices so as to comply with the Employment Equity
Act. As difficult as this may be, it is crucial that organisations comply with the Act
or else heavy penalties will be imposed for their transgressions. / Thesis (MBA)-University of Natal, Durban, 2003.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ukzn/oai:http://researchspace.ukzn.ac.za:10413/3906
Date January 2003
CreatorsSookul, Avisha Aroon.
ContributorsThomson, Elza.
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis

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