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IMPACT – MEDIUM
The South African government has added new requirements for the Director (Enterprise Organization) and Corporate General Manager categories on the 2022 Critical Skills list.
Key Points:
Additional Information: A company’s size as medium or larger is determined by the number of full-time paid employees in relation to its turnover in each operating industry. Companies that have more employees and a higher turnover than a medium enterprise will automatically be classified as a large enterprise.
BAL Analysis: Companies intending to sponsor foreign nationals under the Director (Enterprise Organization) and Corporate General Manager categories should ensure that they qualify as a medium enterprise.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
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