Khokhela’s Actual / Predicted Increase Survey for 2023 shows that the average increase in salaries in 2023 was 6.0%. This is in line with the year-to-date average inflation rate of 6.04%.
News and Thought Leadership
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Explore our insights on remuneration, performance management, governance and broader people-related topics, together with company news and industry commentary.
News
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Thought Leadership
September 22, 2023
R470,000 a day for 9 years, not too shabby. What do you think the total pay for a position like the CEO of Naspers should be?
As of Monday, Bob van Dijk is no longer the CEO of Naspers and Prosus. However, over his 9-year tenure at the helm, he received over R1.5 billion in salaries, bonuses, and long-term incentives. Averaged out over his entire tenure, this works out to be more than R470,000 a day
4 Min
The covid-pandemic created a need for a change in how we work. This led to many businesses allocating more resources towards employee wellness programs, which gave rebirth to the four-day work week.
3 Min
Khokhela’s Actual / Predicted Increase Survey for 2022 shows that the average increase in salaries for 2022 was 5.3%.
2 Min
Khokhela Actual / Predicted Increase Survey for 2021 shows that the average increase in salaries for 2021 was 4.4%.
1 Min
Executive remuneration received some very important pointers for South African companies to take note of. Stakeholder capitalism was a key topic at Davos and received support from many CEO’s who attended the WEF.
4 Min
Khokhela Consulting’s Actual / Predicted Increase Survey for 2018 shows that average increases on Basic Salary were 6.6% and Total Package 6.0%.
1 Min
The Directors Remuneration report by Khokhela, a specialist remuneration consultancy, has been produced annually since 2009. It highlights and analyses the remuneration paid to directors of JSE-listed companies with an annual turnover of R200m or more.
1 Min
Government getting involved in what is essentially private companies owned by shareholders and not the state is very worrying. The start may seem mild but once started who knows where it will go.
1 Min
Owing to the poor performance of the South African and global economies, 2009 to 2012 were tough years for executives, with the realisation of, on average, a 4.3% increase in guaranteed packages (GPs), Khokela MD Laurence Grubb says.
1 Min
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Interviews
Khokhela’s Actual / Predicted Increase Survey for 2023 shows that the average increase in salaries in 2023 was 6.0%. This is in line with the year-to-date average inflation rate of 6.04%.
2 Min
September 22, 2023
R470,000 a day for 9 years, not too shabby. What do you think the total pay for a position like the CEO of Naspers should be?
As of Monday, Bob van Dijk is no longer the CEO of Naspers and Prosus. However, over his 9-year tenure at the helm, he received over R1.5 billion in salaries, bonuses, and long-term incentives. Averaged out over his entire tenure, this works out to be more than R470,000 a day
4 Min
The covid-pandemic created a need for a change in how we work. This led to many businesses allocating more resources towards employee wellness programs, which gave rebirth to the four-day work week.
3 Min
Khokhela’s Actual / Predicted Increase Survey for 2022 shows that the average increase in salaries for 2022 was 5.3%.
2 Min
Khokhela Actual / Predicted Increase Survey for 2021 shows that the average increase in salaries for 2021 was 4.4%.
1 Min
Executive remuneration received some very important pointers for South African companies to take note of. Stakeholder capitalism was a key topic at Davos and received support from many CEO’s who attended the WEF.
4 Min
Khokhela Consulting’s Actual / Predicted Increase Survey for 2018 shows that average increases on Basic Salary were 6.6% and Total Package 6.0%.
1 Min
The Directors Remuneration report by Khokhela, a specialist remuneration consultancy, has been produced annually since 2009. It highlights and analyses the remuneration paid to directors of JSE-listed companies with an annual turnover of R200m or more.
1 Min
Government getting involved in what is essentially private companies owned by shareholders and not the state is very worrying. The start may seem mild but once started who knows where it will go.
1 Min
Owing to the poor performance of the South African and global economies, 2009 to 2012 were tough years for executives, with the realisation of, on average, a 4.3% increase in guaranteed packages (GPs), Khokela MD Laurence Grubb says.
1 Min
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ACTUAL/PREDICTED INCREASES AND INFLATION
R470,000 a day for 9 years, not too shabby. What do you think the total pay for a position like the CEO of Naspers should be?
The Four Day Work Week
Summary of Actual/Predicted Increases and Inflation
Remuneration Increase Expectations for 2022
Davos & Remuneration
Remuneration Increase Expectations for 2019
FIN24 – CEOs of JSE-listed firms rake in about R13m – report
Executive remuneration may be on amendment bill agenda
Engineering News: Economic downturn affects CEO, executive pay packages