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Engineering News: Economic downturn affects CEO, executive pay packages

Home / News / Engineering News: Economic downturn affects CEO, executive pay packages

Engineering News article following the release of the latest Director’s Remuneration Report

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.

To read the full article, click here.

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