Eskom salary increases expected to raise an outcry
By Khanyisa Tabata
28 June 2011
Salary increases for Eskom executive committee members are expected to cause a huge outcry after it was made known that members were paid 109 percent more than last year.
According to Eskom’s financial statements for the year ending March 31, 18-point-five million was paid to committee members compared to last year’s less than nine million rands.
The highest pay-out was made to Human Resources head Bhabhalazi Bulunga, who received an increase of 507 percent at three million compared to last year's 501-thousand rand.
CEO Brian Dames now earns nearly six million a year while finance director Paul O’Flaherty received an increase of 346 percent to earn just less than five million annually.