This is the 11th edition of the Executive Pay Barometer
The barometer uses publically available financial data (from listed companies’ financial and remuneration reports for the most recent 6 month period) to report on:
- Executive annual increases
- Executive variable pay ratios to total guaranteed pay:
- Short-term incentives
- Long-term incentives
- Prevalence of types of share schemes
- Executive remuneration components by company size
- Executive remuneration components by industry
- Wage gap by company size and industry
The South African economy has remained under pressure. Since the last issue of the 21st Century Executive Pay Barometer was released, the South African economy has experienced renewed investor confidence as a result of key political and economic events.
The economy grew by 1.3% in 2017, which exceeded National Treasury’s expectation of 1% in real terms.
Employment has continued to be under pressure and the unemployment rate currently stands at 26.7% (Q4 2017). The most recent labour statistics indicated that 503 000 South Africans of working age exited the work force. A large contributor to this was workers that have become discouraged and given up seeking employment.
B.Com (Hons) Economics
B.Sc Chem. Eng., MBA – Leadership & Sustainability