CEO's R300m pay packet a new flashpoint in Sibanye strike

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Sibanye-Stillwater CEO Neal Froneman's R300m pay package in 2021 is expected to complicate wage negotiations with workers whose strike is now in its second month.

01 May 2022 - 00:00

Sibanye-Stillwater CEO Neal Froneman's R300m pay package in 2021 is expected to complicate wage negotiations with workers at the company’s Kloof, Driefontein and Beatrix gold mines, whose strike for higher wages is now in its second month...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

 

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Eusebius Risk-reward continuum to be explained to union members?

I don't care if the Stillwater mine CEO walks on water, his pay of R300m for last year is positively ridiculous....

Eusebius Remuneration is only decided by shareholders and executives in remuneration committees. It’s time employees had a say and we won’t see such gross disparity.

The people who own this mine are not interested in their workers. This is the message which is clear.

Eusebius I can't believe this I'm sure you have seen post about JonathanHele helping people, I gave her a try and I can boldly stand and tell everyone she is legit and real...

At least they got offered 800. Health workers got nothing for over 2 years now

I can't believe this I'm sure you have seen post about JonathanHele helping people, I gave her a try and I can boldly stand and tell everyone she is legit and real...

300 million, thats South Africa for you. MayDay CyrilRamaphosa

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