An Employment Equity Plan EEP - is the backbone of any Employment Equity compliancy. No matter what else you have done, if you dont have an EE Plan - and one that complies with the requirements - then you simply dont have compliancy AT ALL!
The Department of Labour (DoL) has'nt only amended the Employment Equity Act (EE Act) earlier this year, but are also conducting EE Audits to make sure you're complying with the EE Act. One of the requirements they will be checking for is if you have to have an EE plan in place.
If you don't, you could face an initial fine of R1.5 million. But it can increase to R2.7 million depending on how many sections of the EE Act the Department of Labour (Dol) believes you have infringed.