Hlaudi's thank-you bonuses to SABC staffers

By Drum Digital
21 July 2014

The SABC has paid about R42m in "thank you" bonuses to its staff and middle managers - in addition to normal bonuses.

The SABC has paid about R42m in "thank you" bonuses to its staff and middle managers - in addition to normal bonuses, reports bizcommunity.com.

SABC sources have confirmed that the board and newly appointed chief operating officer Hlaudi Motsoeneng had decided on the grand gesture to thank employees for their hard work during Nelson Mandela's funeral in December and the 2010 Fifa World Cup.

Sources told the site that, board chairwoman Zandile Tshabalala and Motsoeneng last week approved a one-off R8,000 after-tax bonus for the broadcaster's 3007 bargaining unit employees as part of this year's wage settlement agreement with the labour unions.

On Friday, a decision was made to extend the bonuses to middle managers. They were paid the equivalent of a month's salary.

An SABC middle manager earns an average basic salary of R38,000 before tax. The company has more than 476 employees at this level.

Executive and senior managers have been excluded from the bonuses.

SABC spokesperson Kaizer Kganyago strongly defended the bonus splurge.

"I don't know why it should be an alarming thing that we're paying staff. You can't be stuck with the fact that we were in a financial crisis. We're past it and we were able to pay off all the people that we were owing."

source: bizcommunity.com

Find Love!

Men
Women