Thursday, June 30, 2011

Eskom reacts to uproar over executives’ pay hikes

By Khanyisa Tabata
30 June 2011

Eskom has rejected accusations that its executives’ salary increases, amounting to 109-percent, are inappropriate.

It says the four executives whose pay packages are listed in its annual report joined Eskom very recently.

Their 2011 full year packages, therefore, compare to pro-rata payment during 2010.

According to Eskom the executives who were in place throughout 2010 and 2011 saw their pay packages increase by an average five-percent or less.

No comments:

Increase in SA's mid-festive road fatalities

There has been an increase in mid-festive road fatalities , compared to 2023. Five hundred and twelve  people died on South Africa's roa...