|

Information links Home Sign Types - descriptions of different sign types Ideas Bank - a gallery of ideas! Make Contact - how can we help you?
You are currently at BEE Status
All information
HOME
• Action required
• BEE status
• BLOG
• Client comments
• Contact us
• Cut out letters
• Image Bank
• Links
• Our Clients
• Road Map to factory
• Values
• Vehicle decoration
|
SignForce makes signs, signage and BEE sense! |
| At the core of our business is the desire to provide great signs and signage with competence and attention to service. This has meant instituting in-house training schemes, skills training and signage manufacture systems to ensure you and your needs, are paramount to the company. Along the way, the management felt it important to involve the staff in achieving this objective - long before BEE or BBBEE became either fashionable or a requirement.
The company has been committed to training (functional skills and life skills) and upgrading its staff since 1999, when the then new owner introduced many progressive concepts.
The training on life skills and financial skills has enabled the SignForce workers to be able to improve their own status in their communities, earn incomes far higher than the average in the industry and take ownership of their own company.
|
Our focus is on producing great signage - through investment in our staff
|
|
A special Trust has been formed called, appropriately, "The SignForce staff Share Trust". This Trust owns 55% of the company - giving control of the company to its staff.
The staff members themselves convened and selected those staff members to be trained for specific management positions. This includes election of one of their members as a director of SignForce (Pty) Ltd.
|
|
Summary of evaluation that is being audited by SignForce
Points Rating
| Category |
Possible points |
SignForce rating |
| Ownership |
23.0 |
12.1 |
| Management |
22.0 |
6.24 |
| Employment Equity |
20.0 |
6.06 |
| Skills Development and learnerships |
20.0 |
15.0 |
| Preferential Procurement |
20.0 |
0.80 |
| Total |
105.0 |
40.11 |
| Subject to audit, this makes SignForce a Level 3 contributor |
|
|
Company Structure
Directors
Arnold Pollak, Managing Director
Cornelius Dhlamini
Ownership
| Owner |
Share |
| SignForce Staff Share Trust |
55% |
| Kallop Holdings |
15% |
| Arnold Pollak |
30% |
Staff Structure
updated 14 June 2008
| Position |
Total |
PDI |
Women |
| Directors |
2 |
1 |
|
| Staff (excludes Directors) |
15 |
7 |
4 |
Enabling effective transition to ownership
A necessary requirement for the transition to PDI ownership has been the funding of the share purchase by the SignForce Staff Share Trust. This has been facilitated by a combination of loans to the staff made by the previous owners.
We are currently seeking funding from appropriate bodies to assist in this process as well as fund the additional training programmes that the company would like to run to further upgrade the quality of the workers as well as assist them in the transition to their new roles.
The company has also embarked on an expansion programme and is looking to expand its team of skilled and valuable workforce. It is anticipated that through planned and controlled expansion, we will be able to further assist with the financial aspects of this transition to ownership.
|
|