Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

telkom thumb100 Fin24 reports that telecoms network Telkom has given its chief executive officer Sipho Maseko a pay boost amid the company’s strong financial performances under his watch.  

Telkom’s latest integrated report for 2016 reveals that Maseko's total remuneration jumped from R12.3m in 2015 to R14.5m for the year ended March 2016.  His guaranteed pay package for the period was R7.4m, while his short-term incentive was R6.1m and his fringe benefits were R941,683.  Maseko's total pay is still much less than that of his industry peers.  Vodacom CEO Shameel Joosub's total pay for the company’s 2016 financial year was R21.8m.

  • Read this report by Gareth van Zyl in full at Fin24
  • See too, Telkom CEO’s pay hits R14.5 million, at BusinessTech

Get other news reports at the SA Labour News home page