SAB Miller published that he joined the South African Breweries Ltd in 1990 and held a … The median salary of a South African CEO reached R5.242 million in the past year, according to a PricewaterhouseCoopers report. This included a basic package of R10.7 million and a bonus of R11.5 million. 33 34 35. If you want a job that pays well and allows you to live comfortably, South Africa is definitely worth the try. Asked by Wiki User. Avoid these tricks South African companies use to get you to spend more. Salary information comes from 6 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Here's what may be going on, Investors may have lost R100 million in a scheme run by a prominent Joburg advisor, who warned them to prepare for a ‘coming crash’, Buying a mattress? CEO workers holding High School degrees enjoy the highest average gross salaries in South Africa. if (textParagraph) { The lowest paid CEO in the gold mining sector was Niel Pretorius of DRD Gold. textParagraph.addEventListener("mouseup", function (e) { imageBtnPrev: "https://www.moneyweb.co.za/wp-content/themes/moneyweb-domination/images/bg_direction_nav.png", }) Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill, employer and more. Women in Mining; Africa; Business. Average take home earning is ZAR 334,895 (Net). the CEO compensation, namely base salary plus annual bonus. 2009-06-26 07:38:03 2009-06-26 07:38:03. Michael Page Africa est l'entité du groupe Michael Page International spécifiquement dédiée au recrutement de cadres et de dirigeants sur le continent africain. We take a look at a few highlights/low lights of South Africa's mining industry as published by Statistics South Africa Exactly a week after delegates closed the 26 th Investing in African Mining Indaba, Stats SA released data on the performance of the mining industry in 2019. The PwC executive directors practices and remuneration trends report, released on Tuesday, showed that there are 335 CEOs of South African listed companies, 310 chief financial officers (CFOs), and 435 executive directors. } You are currently viewing our desktop site, do you want to download our. The industry is also under a lot of pressure from low international commodity prices, with many mines currently suffering losses. With an earned High School, they grosses ZAR 1,600,000. function getSelectedText() { Careers24 is a leading South African job portal that assists jobseekers from all sectors and experience levels to find and apply for vacancies from hundreds of South Africa’s leading companies. Read here for the full methodology of the research. y = (e.clientY + 5) + 'px'; Meanwhile, South Africa’s total Gini coefficient, which measures the level of inequality in a country, is 0.63. }); Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later. Mining unions have used CEO pay as a measure of what underground workers should be paid. Finance . The company also said it would resume limited operations from its South African gold and platinum group metal (PGM) mines from April 14. The pay gap ratios below are based on average annual salaries of R192 000 in the gold sector and R209 000 in the non-gold sector as found by StatsSA. } The research excludes long-term incentives such as share schemes. var x = (e.clientX + 5) + 'px', From the research it is clear that the pay gap ratio in the broad mining sector is similar to the average ratio of all JSE-listed companies. PwC said the Gini coefficient gap between CEOs and entry-level employees in South Africa increased by 0.011 to 0.436 the past year. newTweetLink.id = "tweetLink"; The only other South African-based company where the pay gap ratio exceeds 100 times is Assore. This list includes many smaller companies such as Atlas, Delrand, and Keaton. Unsurprisingly, executives earn more depending on the size of the company, with CEOs at large cap businesses earning an average total guaranteed package of R5.25 million, while CEOs at … All Ceo Mining Jobs in South Africa, Search for any jobs in South Africa in the Ceo Mining industry. The median salary of tech CEOs in South Africa R4.98 million, which include basic salaries, bonuses, and other benefits. Salary entries: 3,882 Average salary in South Africa is ZAR 489,426. }); Inspiring words from an advocate recently incarcerated in Zimbabwe. If South African-based mining companies did not pay global market-related salaries to executives, it is likely people would go elsewhere. PwC found that the total guaranteed package (TGP) for CEOs, which includes bonuses, short term incentives and long-term incentives, were highest at the large mining houses where CEOs receive R16.8 million a year, and CFOs R6.9 million. Through our world-wide network and extensive database we have successfully placed the following talent who qualify for the … Non-gold mining excluding BHP Billiton and Anglo American. Terms of use. return range.text Logistics . General Manager . } Christopher Cory‘s R21.6 million package resulted in a pay gap ratio of 103 times. oldTweetLink.parentNode.removeChild(oldTweetLink); Don't ask again. He received a basic package of R5.5 million and he did not accept a bonus. Business Development . Nic Holland, CEO of Goldfields, is the highest paid South African-based mining CEO and received a total annual package of R28.17 million in the company’s 2014 financial year. How much does a Miner make at Sibanye Gold in South Africa? SALARIES IN SOUTH AFRICA - A REVIEW OF OUR TOP 10 SECTORS. This is 20.24% lower of what High School degree holders earn. This research was prompted by the new US Securities and Exchange Commission’s (SEC’s) introduction of a new pay gap ratio rule, which will force US companies from 2017 to disclose the ratio between the salaries of their executive directors and their rank and file employees. Sales & Marketing Manager (mining) Jobs South Africa. Financial Management . Check your email and click on the link to start receiving your job alerts: ceo mining . var appendedTweetLink = document.getElementById("article-body-content").appendChild(newTweetLink); if (window.getSelection) { Location: WOODMEAD, Gauteng, ZA Job ID: 14681-en_US 3M is seeking a Sales & Marketing Manager (Mining) for the Safety & Graphics Group located in Woodmead, Sandton For more than 100 years, 3M has been a company that delivers both sustainable growth and consistent results. 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