This 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.
Sunday Times reports that cash-strapped universities have cut spending, but the executives who run them are pocketing multimillion-rand salaries.
Of SA’s 26 universities, 19 have disclosed the 2017 annual salaries of their vice-chancellors. They range from R2.5m to R4.5m. Stellenbosch University vice-chancellor Wim de Villiers topped the list with R4.5m, which included a R30,000 bonus. Close behind was former University of Venda head Peter Mbati, who pocketed R4.2m. Former University of Johannesburg vice-chancellor Ihron Rensburg received R17.6m last year, the final year of his 10-year tenure. Of this, R13.7m was in retention incentives accumulated over the 10 years — which worked out to an average annual incentive of R1.3m. The salaries and perks paid out to some vice-chancellors — the academic world’s equivalent of CEOs — have sparked calls for the Department of Higher Education and Training to investigate. One vice-chancellor acknowledged that some of his peers were receiving exorbitant salaries and perks. “There should be a uniform salary structure for all vice-chancellors,” he said, describing Rensburg’s R17.6m payout as “ridiculous”.
- Read the full original of the report by Prega Govender at Sunday Times (paywall access only)
Get other news reports at the SA Labour News home page