YES is one of the first social compacts between government, business and labour created to give one million youth one million opportunities to succeed, while securing South Africa’s economic prosperity.
Be a part of the movement to create a future that works.
What YES Does
Over the next three years, YES – led and supported by the private sector – will incentivise businesses to employ young people, giving them a chance at a life-changing first work experience. With a unique collaboration between government, labour, civil society and the youth, this represents a benchmark in fresh, bold responses to our country’s unemployment crisis.
Government have introduced a new Youth Employment B-BBEE recognition, allowing a business that meets YES targets and complies with registration criteria to move up a level on their current B-BBEE scorecard. In addition, to encourage demand-side job creation, companies employing black youth between 18 and 29 years old will qualify for the Employment Tax Incentive.
YES is applying fresh thinking to create new work opportunities; giving youth a chance to establish a future, becoming self-directed and restoring their dignity.
Just one year of work experience, coupled with a CV and employment letter, increases a young person’s chance of future work threefold and assists them in being able to springboard out of unemployment and into an empowered future.
With YES, you won’t simply be giving a young South African a job for a year – you’ll be uplifting them to take that first step towards a successful, lifelong career.
Although the government is working closely with YES, the private sector is where the majority of jobs are created.
This is why YES needs you. Together, we can invest in the employability of our youth through inclusive models, creating a future that works for all.
Six million young people out of work is a crisis for South Africa; our future workforce is not being educated, trained or employed. Compounding this, the longer people are out of work, the harder it is for them to re-enter the workforce.
High Youth Unemployment
Worse still, 56% of the million young people entering the job market each year don’t have a matric, giving them little hope of employment and leaving them vulnerable to a loss of dignity and succumbing to social ills.
Factors Impacting High Youth Unemployment
YES acknowledges the following factors which impact on youth employment and aims to address these through its design and partnerships.
Social alienation and depression
Unemployed people experience higher levels of anxiety, alienation and depression in response to stress.
Loss of social capital and skills being acquired
Being out of work stigmatises the unemployed, and skills quickly lose relevance in an ever-evolving job market.
Loss of tax money
Those who are unemployed are unable to contribute to infrastructure, healthcare and education.
Areas that experience high unemployment often have increases in homeless, crime, drug use and gang activity.
Increased difficulty of re-entering the job market
Studies show that the longer a person is unemployed, the less likely they are to be able to find new work.
Loss of GDP
When consumers cannot afford goods, it contributes to lower spending and a lower output.
Your company’s commitment to YES is crucial to creating a better South Africa, and a better South Africa is crucial to businesses, society and the future of this country as a whole.
Take as many young people as possible into your companies, factories, branches and ground force. Give them a chance to prove their abilities and take on roles and responsibilities that prepare them for a future as the next generation of productive adults.
Businesses need to create new one-year positions for unemployed youth over and above current employment numbers. Contribute to the YES movement by employing a number of young people – or even just one person to mentor and develop into a contributing member of society.
If your company doesn’t have the capacity to host young people, you can still be part of YES. This channel gives large companies the chance to sponsor the salary for a one-year starter position at an SMME which lies closer to where the young person lives – allowing the larger company to qualify for B-BBEE recognition, while building SMME capacity and competitiveness.