News Formal

What South Africa’s top companies make in profit for every R1 they pay their CEOs

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

South Africa’s top CEOs get paid millions in salaries each year – but that’s because they’re raking in the profits for shareholders.

CEOs of JSE-listed mining, banking, and luxury goods giants are some of the country’s biggest earners, earning tens of millions of rands in salaries each year.

This requires developing strategies for diversity, equity, and inclusion, while also managing operational challenges such as fluctuating exchange rates, skills shortages, and unreliable infrastructure. While incentives and bonuses are promised in different financial years, they are paid out in a given financial year and thus impact shareholders’ bottom lines in that year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The biggest companies in South Africa – and what their CEOs get paidThis is how much the CEOs of the biggest companies listed on the JSE earn, with one making over R200 million.
Source: BusinessTechSA - 🏆 24. / 61 Read more »