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Stay up to date with remuneration news and trends and articles from Khokhela
Interviews
Latest News
According to Statista, South Africa has the highest income inequality in the world, with a Gini coefficient of around 0.63. What does this mean?
2 Min
The amended Companies Act, which includes the proposals which were included in the Companies Act Amendment Bill (CAB) has been gazetted but not yet promulgated, with no implementation date announced, leaving companies uncertain about compliance for the upcoming financial year.
4 Min
Executives follow the money. If your strategy points one way and your remuneration another, people will follow the money.
5 Min
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
Case Studies
Khokhela has worked with Conlog to draft and structure the total remuneration offering which has assisted Conlog to continue to meet or exceed shareholder’s expectations.
2 Min
How a successful sales incentive scheme transformed Xlink. Developing the Right Sales Incentive Scheme for your Business
1 Min
Thought Leadership
Khokhela is proud to present its inaugural Directors’ Remuneration Report focusing on the JSE Top 40 companies for the financial year ending 2023.
1 Min
The Khokhela Directors’ Remuneration Report 2024 continues its legacy as a comprehensive analysis of executive and non-executive remuneration trends among JSE-listed companies and key SOEs. Published annually since 2009, this report has become a benchmark for remuneration insights, offering data-driven analyses to guide stakeholders in understanding compensation practices.
1 Min
The public consultation processes on the amendments to the South African Companies Act 71 of 2008 (the Act) appears to have been concluded, with the following main changes to the Act that affect remuneration governance and reporting likely to soon be signed into law:
7 Min
December 4, 2023
SARA Thought Leadership: The Conflict Surrounding Executive Pay in the Context of South Africa
The conflict surrounding executive pay in South Africa reflects a complex interplay of diverse interests among various stakeholders, including the media, general society, shareholders, government, executives themselves, and boards with remuneration committees.
6 Min
Cross-border work refers to employment or job activities that involve individuals working in a country other than their own. It often implies working in a different jurisdiction with different labor laws, immigration regulations, and tax requirements.
4 Min
This article covers on-line meetings and the impact it is having on employees and productivity.
4 Min
There have been many profound shifts in the workplace fueled by the COVID-19 pandemic. Organisation have had to navigate the crisis by rethinking the way they work. The most impactful of these is the switch to employees working from anywhere.
4 Min
The current challenges in the South African economy see businesses cutting costs at every corner in order to survive. An alternative solution to improving profitability in a turbulent market is to focus more on increasing revenue. What would it mean to your business if your sales team could increase their sales by 10% or increase market share by 5%? Do you drive revenue, or do you drive margin?
4 Min
Organisations will need to continually review the landscape as the country (and the world) works through the various levels of lockdown, to ensure that they move ahead, and remain ahead of the competition when we move into the ‘new norm’.
5 Min
The importance of getting the pay mix right for the different roles in your company especially sales staff
2 Min
The remuneration information captured includes salary, benefits, other pay, STI’s paid and LTI’s cashed in.
1 Min
Khokhela Consulting recently embarked on a five year period of CEO remuneration analysis from 2011 to 2015. We used remuneration across 120 different JSE listed companies. Over the years we have seen a continual rise in CEO pay in the form of TGP and Total Remuneration regardless of the size of the organisation.
1 Min
If the total reward offering is not designed and implemented correctly, it will have a negative effect on an organisation and impact on the motivation of employees.
1 Min
SA has an official unemployment rate of 25%, but the uncounted unemployment rate is closer to 33%. This means more than 6-million people who are looking for work cannot find any....
7 Min
With the decline of the economy, driving performance from the top is essential in ensuring companies continue to grow and deliver.
1 Min
In a tough market, sales team effectiveness is critical. How can you get your sales team to perform better?
1 Min
Download a copy of the full presentation by MD, Laurence Grubb on an analysis of ‘No’ votes and how to avoid them.
1 Min
Find out how Khokhela can assist your business with designing remuneration solutions that engage talent and enhance productivity.
Trends in Directors Remuneration with Jeremy Maggs
Business Live: Executive Pay Disclosure
Assessing Executive Pay – SAFM, Sunrise
Is Bob van Dijk’s Billion Rand Windfall Fair?
Covid-19 Amplifies ESG Role of Non-Executive Directors