ShopRite employees with the job title Produce Manager … The total remuneration figure includes a short-term incentive of R4.44m, R214000 in benefits and other benefits of R491000. Shoprite CEO Whitey Basson’s R100-million salary was brought up as workers gathered in Johannesburg for the march organised by the Congress of SA Trade Unions (Cosatu) on Friday. According to Rupert, executive salaries in South Africa are justified, considering the value they bring to the companies they manage. The Shoprite group, of which Checkers is part, paid its chief executive R100 million in the year to June. … “During 2019, the committee, the human resources department, the board and executives begun overhauling the remuneration strategy to align more closely with the group's strategy and address the concerns raised,” Zinn said. The group recorded an annual gross profit of approximately N$35,3 billion in 2019. Our Story. Average Shoprite Store hourly pay ranges from approximately $8.96 per hour for Stocking Associate to $14.37 per hour for Baker. Photo: Ashraf Hendricks It would take a worker in a Checkers deli about 290 years to earn what the chief executive of the Shoprite … 6. 7. Salaries at Shoprite Group of Companies range from an average of R74,266 to R564,622 a year. Our Directors. The average Shoprite Store salary ranges from approximately $15,000 per … Shoprite Holdings is Africa's largest supermarket retailer. Shoprite CEO Basson has an annual salary of R49 million. Shoprite CEO's pay up by 4.5% to top … (Bloomberg) — Shoprite Holdings Ltd. doubled Chief Executive Officer Whitey Basson’s pay last fiscal year to R100.1 million ($7.4 million), thanks to a bonus from Africa’s largest food retailer … “In 2010, Whitey Basson the CEO of Shoprite earned ZAR 620,000,000.00.” My personal opinion on this statement is most closely described by By kenz6013 Oct 22, 2014 974 Words His salary included a R49.7 million rand basic salary for the 12 months through June – the same as the previous financial year – and a R50 million rand one-time performance-related bonus. Our Customers. Iain Moir, the CEO of South African food and clothes retailer Woolworths Holdings, was paid R49.2 million in the year ending June 28, including base salary of R11.2 million and a … But these days few are fooled by the act. R100 million-plus salaries are often only seen in companies where executives are paid in foreign currency (typically pounds). Our Group. “Take [Shoprite CEO] Whitey Basson: how can anyone tell me that Whitey is paid too much, considering the wealth he’s created for shareholders?”, Where to get the best salary in South Africa in 2016: Joburg vs Cape Town vs Durban, Malema warns councillors – pay half your salary to the EFF or you are out, Half salary and no sedans for EFF councillors: report. Shoprite CEO White Basson has seen his take-home salary double over the past year, with the executive pocketing R100 million in the group’s latest financial reporting. The average Shoprite Checkers (Pty) Ltd monthly salary ranges from approximately R 2 000 per month for Bakery Assistant to R 11 867 per month for Sales Manager. "These changes will first affect executives and senior management, before being rolled out to additional eligible employees in 2021,” it said. He was succeeded by Pieter Engelbrecht, former chief operating officer. “Emerging from a transformational year in 2018, which resulted in only marginal sales growth in the first half to December, the group managed to report improved growth in the second half of the financial year. Saker ShopRites is one of the highest average volume per store … Growthpoint, a property company whose Chief Executive Officer Norbert Sasse earns a total salary of about R25.3m. Joseph Colalillo is Chairman/CEO at Wakefern Food Corp. See Joseph Colalillo's compensation, career history, education, & memberships. De Bruyn said Shoprite increased its turnover by 3.6percent to R150.4billion for the year to the end of June. For 2020, we will revise the performance criteria and adjust the designs relating to long- and short-term incentives. His annual salary of R3.12m was up by 27.7percent compared with last year's salary of R2.45m. Hourly pay at ShopRite ranges from an average of $9.48 to $19.64 an hour. 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