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BL Premium reports that Sun International’s (SI’s) latest annual report reveals that despite it having taken measures to close the disparity in pay between men and women for doing the same job, the pay gap still lingers.
SI conducted a gender pay gap analysis for the period August 2022 until July 2023, which found men fared much better than women in terms of remuneration. The group’s annual report shows that women in junior management on average earned 97c for every rand earned by their male counterparts, while females in middle management earned 93c for every rand paid to males. The gap got even wider when it came to senior management, where on average for every R1 paid to men, women got paid 85c. The company said that to close the disparity in pay between genders despite doing the same job, it had identified employees whose pay was misaligned with the market benchmarks or who were paid more than their peers performing the same or similar roles and functions and they received zero total cost to company increases in the 2023 financial year. Alternative interventions were implemented to ensure the ongoing motivation and retention of those employees. The report indicated: “The committee is satisfied that it has made significant progress in terms of addressing equal pay for work of equal value across the group and will continue to monitor and where appropriate make the necessary adjustments to affected employees’ remuneration packages as may be identified from time to time.”
- Read the full original of the report in the above regard by Kabelo Khumalo at BusinessLive (subscriber access only)
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