The 2021 Bedford Group Transearch Report on Board and Executive Compensation in the Mining Industry is now available for download. This is Bedford's 12th annual industry-wide survey of compensation awards …
South Africa is tightening its rules around executive pay, but gaps remain Published: October 5, 2021 11:21am EDT. Nadia ... Fair pay; Company directors; Chief executive officer (CEO)
The estimated total pay for a Managing Executive is ZAR 2,300,000 per year in the South Africa area, with an average salary of ZAR 2,000,000 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
While company chief executives are the top earners, they are by no means the only ones pulling in multiple million-rand salaries. Chief financial officers can earn …
As the head of SA billionaire Patrice Motsepe's mining company, Schmidt earned R87.62 million in the last financial year. While the mining CEO's payday was significantly lower than the CEOs' higher up on this list, Schmidt effectively earned R240 000 a day. 6. Ralph Mupita - MTN Group (R77.46 million)
Mining Industry make an average of R 521 000 / year in South Africa, or R 267 / hr. Try Talent's salary tool and search thousands of salaries in your industry. ... The average mining industry salary in South Africa is R 521 000 per year or R 267 per hour. Entry-level positions start at R 300 000 per year, ... A great mining company in ...
A global study finds 38% of companies now tie compensation to ESG goals, resulting in real improvement in firms' environmental performance. More and more companies, especially in Europe, are linking executive compensation to environmental, social and governance (ESG) criteria. That's good news for the planet — but not for near …
Sébastien de Montessus, of Endeavour Mining, was the best-paid chief executive in the FTSE 100 in 2021, earning £16.85mn, according to research last year by the High Pay Centre and TUC research ...
The report analysed executive pay during the period from 1 March 2021 to 28 February 2022, focusing on executive remuneration among companies listed on the Johannesburg Stock Exchange (JSE).
Delivering the accurate mining industry compensation data you need. ... which included 70 companies, 273 participating business units, 74,000 professional and managerial incumbents, and 800 executives. ... Country reports also include pay forecasts, economic indicators and geographic and/or job family pay analyses. The global executive report ...
Harmony's executive management team comprises the chief executive officer, the financial director and one additional executive director, who together with four senior group executives, all sit on the group executive committee.
Toronto-based Bedford Group/TRANSEARCH has released its 2021 report on executive and board compensation in the mining industry. The firm collected data from 276 mining companies between May and September 2021 for the 2020 year-end. The report says the medial total compensation for CEOs ranged from $452,500 (for …
The estimated total pay for a Business Development Executive is ZAR 68,000 per month in the South Africa area, with an average salary of ZAR 25,000 per month. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
Using a sample of companies across various sectors of the economy our analysis showed that CEOs earn between 150 and 949 times more than the average pay of all South African workers.
Reports on executive pay from South Africa's top five mining companies reveal that their CEOs earned staggering amounts in 2023. The post Mining sector CEOs in SA are …
few companies in South Africa have taken steps to address the concerns relating to the rising executive pay. 8 At least two factors have been attributed ... See Massie, Collier and Crotty Executive Salaries in South Africa: Who should have a Say on Pay? (2014) 22–23.
This implies that pay for performance could be higher in the South Africa mining industry because of high competition for resources nationally and higher levels of risk relative to other sectors. ... N., Ghiselli, R. & Deale, C., 2006, 'Assessing the relationship of CEO compensation and company financial performance in the …
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While company chief executives are the top earners, they are by no means the only ones pulling in multiple million-rand salaries. Chief financial officers can earn between R1.4 million and R4.2 ...
BHP Billiton's Chief Executive Mike Henry, the top-paid mining CEO on this list, earned a whopping $13.7 million (R249.5 million) in 2023. This figure includes …
Company Market cap. CEO Annual salary Per day; BHP Billiton: R2.85 trillion: Mike Henry: $14.7m (R265 million) R726,027: Prosus N.V. R2.82 trillion: Bob van Dijk
Remuneration packages can outstrip the lowest-paid workers by 155 times, while Solidarity believes pay is way out of line in SA. South Africa's mining chief executives, for the most part, paid themselves handsome salaries last year, raising the chagrin of trade unions who say the very same companies are likely to plead poverty …
South Africa's top five biggest mining companies revealed their CEOs' massive salaries in 2023, with some earning triple that of the best-paid banking CEOs.
The estimated total pay for a Sales Executive is ZAR 28,286 per month in the South Africa area, with an average salary of ZAR 13,000 per month. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
As the head of SA billionaire Patrice Motsepe's mining company, Schmidt earned R87.62 million in the last financial year. While the mining CEO's payday was …
The report analysed executive pay during the period from 1 March 2022 to 28 February 2023, focusing primarily on executive remuneration among companies listed on the Johannesburg Stock Exchange (JSE).
With a wide variety of industries, it is important to note that different sectors pay differently, and the sectors that have a lot of highly paid CEOs are the retail and banking industries. According to Salary Expert, an Executive Director CEO in South Africa receives an average base salary of R3,489,102 which equates to R1,677.45 per hour. …
The pay of CEOs from the five largest mining companies listed on the Johannesburg Stock Exchange were analysed by BusinessTech. These companies are Glencore, BHP Billiton, Anglo American, South32 ...