Tuesday, June 28, 2011

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.

3 Comments:

At Tuesday, 28 June, 2011, Anonymous Anonymous said...

This is what we get for Voting this Moemishes into Power, this is ludicrous while we getting more tax and Electricity Increment for thanx

 
At Tuesday, 28 June, 2011, Blogger Daemos1 said...

So what can we do about this, surely the public must have some influence in this matter, these are ridiculous increases in the face of the higher rates we have to pay??

I'll do anything to fight this, if anyone has any info, post here.

 
At Thursday, 01 September, 2011, Anonymous Anonymous said...

Eskom is a ridiculous company. The way it pays its emlployees, its like they dont care about them. They should look at how other companies are treating their employees, other wise they will keep on loosing them.

 

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