'We were maybe a little bit naive': Grindrod Bank has un-redacted its executive pay numbers

2018-04-26 16:25

Grindrod Bank says it was just trying to keep big banks from poaching its people.

A female engineer’s fight for equal pay at Google

2018-04-15 14:00

“I think I just didn’t want to believe that Google could be evil,” says Kelly Ellis who is heading a lawsuit against the tech behemoth over alleged gender pay discrimination.

Steinhoff scraps vote on extra pay for directors at AGM

2018-04-05 09:13

Chairperson Heather Sonn says Steinhoff does not want the proposal for once-off payments to detract from 'critical matters' to be considered at its upcoming Annual General Meeting.

Women at Glencore oil trading unit earn 28% less than men

2018-03-23 10:27

Women working in oil trading at Glencore earn 28% less pay on average than men and receive bonuses that were 57% lower.

CEO pay debate heats up as Apple's Tim Cook takes home R7.3m a day

2017-06-30 12:38

A report has revealed that 25 of the leading S&P 500 CEOs took home about R21.5bn in 2016, with Apple CEO Tim Cook leading the pack with $145m (R1.9bn).

Capitec CEO earned R13m in 2016 - report

2017-04-27 09:45

Capitec CEO Gerrie Fourie earned over R13m for the financial year, trailing behind counterparts like Maria Ramos of Absa at R29.5m and Mike Brown of Nedbank's R22.2m.

The millions your public office bearers will earn in 2017

2017-01-25 13:10

President Jacob Zuma has officially rubber stamped the fee freeze for public office bearers for 2017, as a gazette signed by the president authorised the move.

Ministers, judges and MPs to make patriotic salary sacrifice

2016-11-20 06:01

The very probable 0% salary adjustments for most senior public office bearers will save the state about R100m while municipal councillors’ sub-inflationary increases can save another R100m.

290 years to earn what Shoprite boss got in one month

2016-10-05 09:37

It would take a worker in a Checkers deli about 290 years to earn what Shoprite CEO Whitey Basson was paid in a month in the past financial year.

How exorbitant exec pay stacks up against minimum wage demands

2016-07-15 17:24

Regulation of executive pay can help ease the huge discrepancies between minimum wage demands and excessive salary increases for executives, says an analyst.

 

'Sassa bank' Grindrod published financial statements – with all payments to its directors blanked out

2018-04-25 17:59

Last year, as controversy around the payment of social grants started to mount, the small bank started to take a new approach to disclosing executive pay: only on request.

How will the minimum wage affect your household?

2018-04-15 07:24

The national minimum wage has been delayed, but it could affect households in several ways once it comes into effect, writes Angelique Ruzicka.

Steinhoff just backed off from asking shareholders to pay directors up to R7.3 million each – so that those directors themselves can make the decision later

2018-04-05 08:52

Shareholders revolted at the suggestion that directors should get massive pay rises – so the directors yanked the proposal from an upcoming AGM to figure it out "at an appropriate time".

Top 10 JSE CEOs take home average R24.6m

2017-07-06 22:30

CEOs of the top 10 JSE-listed companies take home an average pay of R24.6m, a report by PricewaterhouseCoopers revealed.

Should performance be linked to pay?

2017-06-07 10:21

For decades, companies have given bonuses and raises based on employee performance. But is this truly the most effective way of ensuring each employee gives their best?

Ronaldo raking in the big bucks

2017-04-02 08:15

Portuguese international Cristiano Ronaldo has earned a staggering R71 500 for every minute he stood on the pitch in 2015/16.

BSA to pay 15 boxers owed by promoters

2016-12-04 06:13

In a move aimed at helping the sport avoid having another black eye, as it were, Boxing SA has decided to pay 15 boxers the money they are owed by promoters.

King IV emphasises ‘accessible’ governance

2016-11-06 06:00

The King Committee on Corporate Governance released its fourth report, which showed that the compilers of the code had baulked at giving shareholders the right to block directors’ remuneration.

Hlaudi highest paid SABC official with R4.2m

2016-10-01 09:00

Former SABC Chief Operating Officer Hlaudi Motsoeneng has earned close to R4.2m in the past financial year, the public broadcaster's annual report for 2015/16 shows.

What SAA paid departing CEOs and CFOs

2016-07-12 12:10

Parliament has learnt that national carrier SAA has paid millions in separation packages in the last 11 years to CEOs and CFOs who did not complete their contracts.

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