Whitey basson salary 2016. Shoprite doubles CEO Whitey Basson's pay to R100 million 2019-02-02

Whitey basson salary 2016 Rating: 5,2/10 1077 reviews

Checkers worker would take 290 years to earn what her boss was paid in a month

whitey basson salary 2016

She earns a basic salary of R2,700 a month, and depends on commission from sales. Jooste earned a basic salary of R40. Not a grievance thing or a strike thing! They have an employee shopping card, where all the money gets taken off from your salary. It is a private institution. Something is very wrong with this set up. So yeah, that's the only option I can see. Whitey Basson isn't holding a gun to anyone's head.

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Shoprite forced to pay Whitey Basson R1.8 billlion

whitey basson salary 2016

He is running a private institution whose leaders declared that he receives that remuneration. You can fool most of the people most of the time but not all of the people all of the time. Shortly after, Basson announced his retirement after serving at the retailer for 37 years. Many times my mother has taken home less than her normal take home, as she has to shop for basic food needed in the house. As long as there is life their must be hope but any hope for a better life is being taken away day by day when the poor majority see this gross and clear exploitation but also an insult to the dignity of the poor who sacrifice so much in selling their labour for so little in return.

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The JSE Top 40's highest earning CEOs

whitey basson salary 2016

In third position for the fourth year running is Nicky Oppenheimer of Anglo American who is worth R11. What I am against is that they cannot see the value of someone travelling an hour to come to work, working a long shift then commuting for an hour to get home. Its chairman, Christo Wiese, is the fourth wealthiest, with a fortune of R10. She spends R500 of her salary on rent every month and up to R320 on transport. To ensure an orderly leadership transition he will remain available to management. Talk is minimal and all promotional activities project aspirational lifestyle values.

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Whitey Basson deserves R100m pay

whitey basson salary 2016

There will always be bosses and workers. The Rupert family, ranked fourth in 2008, are now in sixth, with wealth of R5. Pleasingly, Dr Basson will remain on the Shoprite Holdings board as Non-Executive Vice-Chairman to continue to share his knowledge and experience. What you should be focusing on is liberalising the labour market so that Shoprite employees can more adequately compete for better salaries. Steven Joffe of Gold Reef Resorts had a 358% increase, to R26.


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Checkers worker would take 290 years to earn what her boss was paid in a month

whitey basson salary 2016

It is a free will contract between an employer and an employee. But it is a choice and privilege to be employed. We must not forget that the injustices of the past from when the first settler came to South Africa is entrenched in this country. These figures make nonsense of the argument that companies need to pay such vast amounts in order to retain top skills, because more than 20 of the top 100 highest-paid executives in 2010 are no longer in their positions today. The Ackerman Family Trust is in 7th place with R4. She works a nine hour shift.

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COSATU statement on Sunday Times Rich List

whitey basson salary 2016

Workers will certainly not stop fighting for real increases in their living standards while such grotesque levels of inequality remain. In December 2011, our broadcast footprint expanded to include the Garden Route, in particular: Knysna, George and Mossel Bay. It is an absolutely deplorable situation and one which the federation, its allies, civil society and the overwhelming majority of our people are not prepared to tolerate. Not the other way around. Use the tag 'border' or 'garden' if you're messaging from the Border and Garden Route area.

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Shoprite doubles CEO Whitey Basson's pay to R100 million

whitey basson salary 2016

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section. If he could do that, surely people will not be so angry about the situation. We use the power of radio and digital to increase awareness, influence positive change and inspire development within our broadcast footprint. One man does not make a business. The level of efficiency with which we managed our business is also reflected in our internal food inflation. He has overtaken Lakshmi Mittal, boss of ArcelorMittal, whose wealth has fallen to R20. To do a turnover of R130 billion and pay your workers R2,700 a month is pathetic.

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Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

whitey basson salary 2016

Sincerely Len Hauptfleisch 12 Sep 2017. He fully deserves his reputation as one of South Africa's retail giants. Phumla not her real name , who works in the deli department at a Checkers store, earns R550 a week. Basson deserves every cent of the R100 million salary that Shoprite has paid out to him. It gives one options to do things and opportunities to help others. Mike Brown, Nedbank Brown earns a basic salary of R7.

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