Results for remuneration policy

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No work, no pay: the Covid-19 salary crisis
No work, no pay: the Covid-19 salary crisisArticle

Companies have been facing tough decisions over the past few months, particularly those with employees who cannot work during the crisis...

16 Sep 2020

SME recruitment - how much should I pay my staff?
SME recruitment - how much should I pay my staff?Article

Accurate salary information is hard to come by. Employers - especially small businesses - often don't know how much to pay their staff at market value, and job seekers frequently don't know what their skillset is worth...

Siobhan Zurnamer 31 Aug 2020

The acceptable theft
The acceptable theftArticle

So many of us point fingers at the rampant corruption in the public sector, while in the private sector we don't think about ourselves and the wrongs we've normalised through policy - something I like to call 'the acceptable theft'...

Robert Zwane, Issued by SAICA 8 May 2020

Image source: Getty/Gallo
Managing environmental, social and governance risks is growing in importance for mining companiesArticle

Within the mining and minerals sector, investors are increasingly integrating environmental, social and governance (ESG) into their investment process to help secure capital during fundraising, identify risks during due diligence, capitalise on opportunities post-acquisition, and facilitate information disclosure in exit...

27 Jan 2020

The importance of a pay structure
The importance of a pay structureArticle

People can be the determining factor of the success or failure of an organisation. This is why it is very important to attract and retain the right skills to drive company performance. This can be achieved with the right remuneration practices...

Lutendo Dama 18 Dec 2019

Are your HR policies ready for 2020?
Are your HR policies ready for 2020?Article

It is good practice for employers to review and audit their human resources and labour relations policies and practices annually. This is especially true when there are amendments to labour laws as well as when significant case law that has passed through from the Courts...

7 Oct 2019

Equal work, equal pay: What is fair differentiation when reviewing remuneration?
Equal work, equal pay: What is fair differentiation when reviewing remuneration?Article

While the Employment Equity Act aims to ensure there is no unfair discrimination in the workplace, what justifiably fair differentiation can employers consider when reviewing or creating remuneration packages...?

10 Oct 2018

Executive pay the right way - Reward Awards last call for entry
Executive pay the right way - Reward Awards last call for entryArticle

Sara's annual Reward Awards, which aims to encourage and promote the development and improvement of total reward practices - combining financial remuneration and non-financial benefits - is open for entry...

3 Aug 2018

Why remuneration committees need independent advisors
Why remuneration committees need independent advisorsArticle

Recent reports of shareholders voting against executive remuneration structures have again highlighted the need for increased transparency in the disclosure of not only the amounts paid, but how the amounts were calculated and the link to performance...

22 May 2018

Property firms chided over pay policy
Property firms chided over pay policyArticle

With the maturation of the listed South African property sector that began with just a few companies in the early 2000s, remuneration structures are now being challenged...

Alistiar Anderson 6 Feb 2018

Remuneration, rewards should be based on more than financial data
Remuneration, rewards should be based on more than financial dataArticle

Financial data should not be the only information used to determine pay and rewards - corporate communications like emails or instant messages, social media posts and many other data sources should be used to provide deeper insights...

5 Feb 2018

Arrowhead runs into dissent on remuneration
Arrowhead runs into dissent on remunerationArticle

Arrowhead Properties, which has forecast that its dividend will shrink in the year to September, is facing criticism over its remuneration policy...

Alistair Anderson 31 Jan 2018

Why shaking up South Africa's power utility matters for the economy
Why shaking up South Africa's power utility matters for the economyArticle

South Africa's power utility Eskom has seen a remarkable leadership shake up in the past few days...

25 Jan 2018

Consider more than inflation when determining salary increases
Consider more than inflation when determining salary increasesArticle

Although inflation is typically used as the basis for calculating annual salary increases, it is a poor guide for working out how to reward employees to ensure competitiveness when compared to the market...

12 Dec 2017

Woolies in eye of storm - chairman
Woolies in eye of storm - chairmanArticle

Woolworths chairman Simon Susman told shareholders at Tuesday's annual general meeting that the board was confident of the group's Australian strategy...

29 Nov 2017

Calculating fair remuneration in the gig economy
Calculating fair remuneration in the gig economyArticle

In today's economy, with it's varying business models, it's impossible to take a one-size-fits-all approach when deciding what is fair pay for workers...

20 Oct 2017

What is fair and responsible in executive remuneration?
What is fair and responsible in executive remuneration?Article

In today's global economic order, executive remuneration has become a symbol of inequality. It seems that excessive executive reward will continue to attract push-back from investors...

10 Apr 2017

Prasa pay hike twist
Prasa pay hike twistArticle

There was nothing wrong with axed Prasa boss Collins Letsoalo's 350% salary hike, awarded because he could not be paid less than those who reported to him, Transport Minister Dipuo Peters says...

Sipho Mabena and Thanduxolo Jika 17 Mar 2017

Prasa terminates acting CEO's secondment
Prasa terminates acting CEO's secondmentArticle

The Passenger Rail Agency of South Africa's Board of Control has unanimously agreed to terminate the secondment of acting group CEO Collins Letsoalo with immediate effect...

28 Feb 2017

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Shareholder activist Theo Botha urges vote against Coronation's pay policyArticle

Shareholder activist Theo Botha is urging shareholders of Coronation Fund Managers to vote against the group's remuneration policy at the AGM in February.

Ann Crotty 6 Jan 2017

#BizTrends2017: Global reward trends
#BizTrends2017: Global reward trendsArticle

When it comes to global reward trends, the industry is changing quickly and steadily. While we can't change the direction of the wind, we can adjust our sails to reach the right destination...

Chris Blair 5 Dec 2016

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Woolworths' shareholders rebelArticle

Woolworths' shareholders voiced their opposition on using the same auditors and also executive pay increases at the retailer's AGM...

Ann Crotty 5 Dec 2016

King IV and the prickly issue of exec salaries
King IV and the prickly issue of exec salariesArticle

The recently released King IV Report recognises that executive remuneration is a key governance issue...

21 Nov 2016

Guide to setting executive pay
Guide to setting executive payArticle

Remuneration committees have developed several methodologies for tackling the challenging issue of executive pay...

Mark Bussin 17 Oct 2016

Guidelines for dealing with cross-border payroll
Guidelines for dealing with cross-border payrollArticle

Making salary payments to an employee working in another country raises a whole set of inter-related issues that payroll professionals need to consider carefully...

Nicolette Nicholson 5 Oct 2016

Johan Enslin.
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Lewis executive pay set to return to spotlight at AGMArticle

At 2015's drama-filled annual general meeting (AGM), 40% of Lewis Group's shareholders voted against the company's remuneration policy - it is a record level of opposition for the remuneration policy of a JSE-listed company...

Ann Crotty 8 Jul 2016

zdenet via
Chicken producer manages tiny riseArticle

Chicken producer Sovereign Foods has reported an increase in full-year earnings of 5% to 108.4c a share for the period to end-February...

Ann Crotty 2 Jun 2016

Hugh Herman. Photograper: Len Kumalo Image source:
PIC takes a stand on audit independenceArticle

The Public Investment Corporation (PIC), the largest investor on the JSE, is questioning the independence of Pick n Pay Stores director Hugh Herman...

Ann Crotty 7 Apr 2016

Freedom Property Fund disposes of Stellenbosch property
Freedom Property Fund disposes of Stellenbosch propertyArticle

Freedom Property Fund has, subject to conditions precedent, disposed of its Stellenbosch industrial property in the Western Cape for R49m...

18 Aug 2015

Standard Bank defends high salaries to executives
Standard Bank defends high salaries to executivesArticle

Standard Bank Group's remuneration policy and the bonuses paid to joint Chief Executives Ben Kruger and Sim Tshabalala were questioned by investors at its annual general meeting.

Phakamisa Ndzamela 30 May 2014

Sun International shareholders reject pay policy
Sun International shareholders reject pay policyArticle

The board of Sun International (SUI) suffered an embarrassing setback after the majority of its shareholders rejected the company's new remuneration policy at its annual general meeting (AGM) last week.

Max Gebhardt 29 Nov 2013

Justice Ngcobo to head Presidential Remuneration CommissionArticle

Former Chief Justice Sandile Ngcobo has been appointed to chair the Presidential Remuneration Review Commission.

13 Aug 2013

Remuneration committees must engage investors - IoDSA
Remuneration committees must engage investors - IoDSAArticle

The contentious issue of executive and director remuneration should be addressed directly through effective communication with investors, in order to rebuild trust between boards and shareholders. This is according to panellists at a breakfast event hosted by the Institute of Directors in Southern Africa (IoDSA).

23 May 2013

Money, money, money - bosses get too muchArticle

Almost 70% of South African business owners believe that executives at large public companies are paid too much‚ according to a global survey of 2 800 public and private businesses in 40 countries conducted in May and June as part of the Grant Thornton International business report survey.

17 Aug 2012

Spur meets resistance over directors' payArticle

Spur CEO Pierre van Tonder still hopes to convince institutional investors who vetoed the restaurant chain's proposed 40% hike for nonexecutive directors that the increase is not excessive.

8 Dec 2011

Pick n Pay set to regain lost groundArticle

Pick n Pay is on course to regain the ground it lost to competitors during the high inflationary environment that preceded the recession, CEO Nick Badminton told shareholders at Friday's annual general meeting.

Dave Marrs 21 Jun 2010

PIC takes on JD Group over share optionsArticle

Retailer, JD Group, calls it a 'good retention mechanism'.

Renée Bonorchis, Editor at Large 29 Feb 2008

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