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.
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.
Comments
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