SSP Brochure:Layout 1 - INSETA

Figure 3-2 Population group distribution of employeesSource: Inseta, Survey of Employment, Scarce and Critical Skills, May 2006Table 3-1 indicates the pace at which organisations in the different subsectors are changing their employee profiles. Only 16.4% of theemployees in the collective investments subsector were black 50 while, in the life insurance subsector, 59.0% of the employees were black.The comparative figures for the other subsectors are given below.• Pension funding – 55.3%• Healthcare benefits – 50.9%• Short-term insurance – 44.0%• Funeral insurance – 83.4%• Reinsurance – 48.8%• Brokerages or agents – 34.1%• Activities auxiliary to insurance – 49.3% and• Non-insurance related activities – 45.0%.Table 3.1 Population group distribution of employees according to subsectorSubsectorPopulation groupAfrican Coloured Indian White TotalCollective investments 16.4 83.6 100.0Life insurance 34.4 20.9 4.6 40.2 100.0Pension funding 23.1 13.8 18.5 44.7 100.0Healthcare benefits 24.8 20.7 5.4 49.1 100.0Short-term insurance 19.3 15.9 8.8 56.0 100.0Funeral insurance 70.1 9.9 3.4 16.6 100.0Reinsurance 29.0 8.6 11.2 51.2 100.0Brokers/Agents 20.9 6.3 7.0 65.9 100.0Activities auxiliary to insurance 25.7 11.1 12.5 50.7 100.0Non-insurance related activities 13.9 8.9 22.1 55.0 100.0Total 28.0 15.1 7.5 49.5 100.0Source: Inseta, Survey of Employment, Scarce and Critical Skills, May 2006The transformation achieved in the different occupational categories is reflected in Table 3-2. Of all the managers in the sector, only 27.4%were Black. The occupational categories professionals and technicians and trade workers were also lagging behind in terms of theemployment of blacks. Only 39.5% and 39.7% of the positions in these two categories respectively were filled by blacks. In the otheroccupational groups, blacks formed the majority.50 Black refers to Africans, coloureds and Indians.INSETA Sector Skills Plan - page 22