ARTICLES RELATING TO EXECUTIVE PAY

FTSE 100 executive earnings rise by a fifth

2014-10-13 09:44

Directors at London-listed blue-chip companies have earned 21% more in the 2013/14 financial year thanks to a steep rise in long-term incentives.

Samsung managers sacrifice 25% of bonuses

2014-07-18 14:35

Nearly 200 managers at Samsung Electronics have voluntarily returned 25% of their bonuses, as the firm is poised to post its worst quarterly profit in two years.

Media company CEOs coining it

2014-05-29 10:30

Media company CEOs are among the highest paid executives in the US, occupying six of the top ten earning spots, according to an Associated Press/Equilar study.

Compensation of US CEOs in spotlight

2014-03-17 15:42

Big US companies appear to have handed out smaller increases in compensation to their chief executives in 2013 than in 2012.

SA’s top CEOs on duty 24/7 - poll

2013-11-19 16:18

There is no downtime for South Africa's senior executives because they are expected to be available to the business around the clock, a survey shows.

Old Mutual CEO paid R33m in 2012

2013-04-05 11:11
96 comments

Julian Roberts, the CEO of Old Mutual, one of SA's largest insurers, received a total compensation of R33m in 2012, according to the company's annual report.

Executives paid too much - survey

2012-08-13 13:36

South African business owners believe executives of large public enterprises earn too much money, a new survey has found.

Pay rises for parastatal execs suspended

2012-03-14 08:38

Public Enterprises Minister Malusi Gigaba has reportedly suspended salary hikes for parastatal CEOs and boards until a remuneration policy is put in place.

Clegg renews attack on bank bonuses

2011-12-19 08:04

Britain's Deputy Prime Minister Nick Clegg is expected to warn banks that the government will clamp down on excessive bonus payments to top executives of bailed-out banks.

Backlash against SABMiller pay plan

2011-07-21 19:05

At least 16% of shareholders voting at the SABMiller annual shareholder meeting have opposed last year's pay awards to directors.

1time boss defends bonus payments

2011-06-14 06:45

The CEO of low-cost carrier 1time says bonuses paid out to executive directors in the 2011 financial year-end were not excessive.

Cosatu lambastes top-earning CEOs

2010-12-06 18:44

Inequality in South Africa is even worse than previously thought, the Congress of South African Trade Unions says.

New era for executive pay - PwC

2010-07-18 09:43

Shareholder feelings about executive pay will have to be heeded more than ever, says PricewaterhouseCoopers.

Europe imposes caps on banker bonuses

2010-07-08 13:04

The European Parliament has sounded the death knell for unrestricted bonuses for some bankers in Europe when it approved limits due to come into force in January.

Eskom executive pay up 25%

2010-07-02 12:41
91 comments

Eskom's annual report shows the power utility's salary bill for executive directors and executive committee members jumped about 25% during the past year.

Executive pay on the up

2010-04-30 12:15

Executives are getting paid more despite the slump, including CEOs of SA parastatals who received an average R5.1m/year in the last three years.

 

World Bank finance chief declines bonus

2014-10-08 09:09

The World Bank finance chief says he will turn down the remainder of a $94 000 bonus amid staff discontent at budget and job cuts linked to a massive reorganisation.

NUM 'disgusted' by R200m loan for Tsogo execs

2014-07-18 08:48

The National Union of Mineworkers says it was not was necessary for Tsogo Sun to empower five rich individuals by awarding them a R200m loan.

UK warns banks about executive pay

2014-04-23 14:56

The British Business Secretary has warned banks and other major companies to rein in excessive executive pay or face tighter rules.

Swiss to vote on bosses' pay

2013-11-19 16:32

Switzerland will vote on whether to limit the salaries of top executives so they don't earn more in a month than the lowest paid workers earn in a year.

SARU bosses awarded 107% bonus hike

2013-05-02 12:12

Despite the huge profit slump it suffered last year, the South African Rugby Union's two full executive members received massive salary and bonus increases.

Are SA's CEOs really so overpaid?

2013-02-24 12:00

SA has some of the best-run companies in the world, yet unions and politicians have called for CEO remuneration to be capped.

Salary freeze to include public sector

2012-10-18 08:45
98 comments

The proposed freeze on salary hikes for a year should apply to both the private and public sectors, Economic Development Minister Ebrahim Patel says.

Australian CEOs sacrifice bonuses

2012-08-23 07:59

Australian bosses, including Qantas's Alan Joyce, are forgoing bonuses this year as tough new laws on executive pay give more power to shareholders to sack them.

Godsell endorses commission on exec pay

2012-05-21 09:40

Former Chamber of Mines president Bobby Godsell believes SA should establish a commission on executive pay to mirror UK efforts.

Cameron cracks down on executive pay

2012-01-08 11:52

British Prime Minister David Cameron has vowed to give shareholders the right to veto executives' pay packages, amid mounting anger over huge salaries and bonuses.

Britain to clamp down on executive pay

2011-12-04 15:50

The British government is to present proposals next month to tackle excessive pay for executives whose firms are failing, says the deputy prime minister.

Cosatu slams CEO pay hikes

2011-07-11 16:25

It is unacceptable for top executives to receive huge salary increases while workers fight for "reasonable" wages, says trade union federation Cosatu.

British banks reined in

2011-02-09 17:01

The four main UK banks have agreed to pay lower bonuses, more taxes and increase lending to businesses after weeks of talks with the government.

Defiant Diamond over with saying sorry

2011-01-11 16:53

The new Barclays CEO Bob Diamond has told British MPs that banks should stop apologising for mistakes made during the financial crisis.

Body to review pay of SOE board

2010-10-17 11:47

A service provider has been appointed to review the salaries of state-owned enterprise board members, Communications Minister Siphiwe Nyanda says.

Top brass' pay grows unabated

2010-07-13 10:55

The total remuneration paid to executive directors of companies listed on the JSE has increased, although the increase is smaller than in previous years.

Marcus slams executives over pay

2010-07-07 11:34

Reserve Bank governor Gill Marcus has lambasted high executive salaries, saying it sets the tone for higher-than-inflation wage increase demands.

Nissan CEO earned $9.8m 2009

2010-06-23 11:46

Nissan chief Carlos Ghosn says he earned $9.8m last year, the highest executive salary publicly revealed in Japan so far under new reporting requirements.

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