South Africa’s PwC’s latest executive director’s
remuneration report shows that the pay spectrum across the JSE, the median
salary for executives has increased by 12% between 2014 and 2015 to R3.7
million, where CEOs saw the median salary jump by 10.7%, to R4.6 million, with
the upper quartile seeing an 8% increase to R7.7 million.
In global markets, it is becoming increasingly more common
for companies to cap bonus pay to 100% of an exec’s guaranteed salary – this is
not in effect in South Africa.
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