{"id":98868,"date":"2015-09-20T19:30:32","date_gmt":"2015-09-20T17:30:32","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=98868"},"modified":"2015-09-21T08:31:28","modified_gmt":"2015-09-21T06:31:28","slug":"industries-that-pay-the-most-money-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/98868\/industries-that-pay-the-most-money-in-south-africa\/","title":{"rendered":"What CEOs and other executives earn in South Africa"},"content":{"rendered":"

A recent report by financial services company, PwC, revealed the pay of executives of companies listed on the Johannesburg Stock Exchange (JSE).<\/p>\n

The report noted that as at 30 April 2015 there were 355 active JSE-listed companies with a combined market capitalisation of R11.926 trillion.<\/p>\n

It found that the median total guaranteed pay (TGP) among CEOs in 2014 was R4.13 million.<\/p>\n

Chief Executive Officers<\/h3>\n
\n
\n\n\n\n\n\n
CEO – All of JSE<\/th>\n2013<\/th>\n2014<\/th>\n%<\/th>\n<\/tr>\n
Upper Quartile<\/strong><\/td>\n\u00a0R6.624m<\/td>\nR7.135m<\/td>\n7.7%<\/td>\n<\/tr>\n
Median
\n<\/strong><\/td>\n		R3.943m<\/td>\nR4.130m<\/td>\n4.8%<\/td>\n<\/tr>\n
Lower Quartile<\/strong><\/td>\n\u00a0R3.002m<\/td>\nR3.064m<\/td>\n2.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Chief Financial Officers<\/h3>\n
\n
\n\n\n\n\n\n
CFO – All of JSE<\/th>\n2013<\/th>\n2014<\/th>\n%<\/th>\n<\/tr>\n
Upper Quartile<\/strong><\/td>\n\u00a0R3.843m<\/td>\nR4.190<\/td>\n9.0%<\/td>\n<\/tr>\n
Median
\n<\/strong><\/td>\n		R3.422m<\/td>\nR3.656m<\/td>\n6.8%<\/td>\n<\/tr>\n
Lower Quartile<\/strong><\/td>\nR1.901m<\/td>\nR1.968m<\/td>\n3.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Executive directors<\/h3>\n
\n
\n\n\n\n\n\n
Exective directors – All of JSE<\/th>\n2013<\/th>\n2014<\/th>\n%<\/th>\n<\/tr>\n
Upper Quartile<\/strong><\/td>\n\u00a0R3.416m<\/td>\nR3.703m<\/td>\n8.4%<\/td>\n<\/tr>\n
Median
\n<\/strong><\/td>\n		R2.429m<\/td>\nR2.5730m<\/td>\n5.9%<\/td>\n<\/tr>\n
Lower Quartile<\/strong><\/td>\n\u00a0R1.911m<\/td>\nR2.011m<\/td>\n5.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

The average inflation in SA for 2014, was 6.1%.<\/p>\n

The report found that six CEOs on the JSE, earned above R25 million in 2014, while 13 earned between R20-R25 million, and just under 120 received a TGP of between R5-R10 million.<\/p>\n

Basic resources<\/h3>\n

Basic resources include mining (8.8%), forestry (7.5%), and industrial metals and mining (2.7%).<\/p>\n

PwC said that only six basic resources companies are listed among the large cap companies on the JSE. The median TGP for CEOs of large-cap basic resource companies is R21.6 million, and the median TGP for executive directors is R15.1 million.<\/p>\n

\n
\n\n\n\n\n\n
Basic Resources<\/th>\nCEO<\/th>\nCFO<\/th>\nEC<\/th>\n<\/tr>\n
Large cap
\n<\/strong><\/td>\n		R21.67m<\/td>\nR11.189m<\/td>\nR15.112m<\/td>\n<\/tr>\n
Medium cap
\n<\/strong><\/td>\n		R7.332m<\/td>\nR5.018m<\/td>\nR3.390m<\/td>\n<\/tr>\n
Small cap
\n<\/strong><\/td>\n		R1.533m<\/td>\nR1.530m<\/td>\nR1.828m<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Financial services<\/strong><\/p>\n

There are 90 financial services companies listed on the JSE. Their aggregate market capitalisation is R2.8 billion, PwC said.<\/p>\n

Most of the split is between banks (89.8%), financial services (22.8%), and services companies (21%).<\/p>\n

\n
\n\n\n\n\n\n
Financial Services<\/th>\nCEO<\/th>\nCFO<\/th>\nEC<\/th>\n<\/tr>\n
Large cap
\n<\/strong><\/td>\n		R7.006m<\/td>\nR4.292m<\/td>\nR3.882m<\/td>\n<\/tr>\n
Medium cap
\n<\/strong><\/td>\n		R3.483m<\/td>\nR2.129m<\/td>\nR2.401m<\/td>\n<\/tr>\n
Small cap
\n<\/strong><\/td>\n		R2.100m<\/td>\nR1.533m<\/td>\nR1.530m<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Industrials<\/strong><\/p>\n

There are 99 companies in this sector listed on the JSE, 36% of which are located in the personal goods sector, while 25.5% are in the food sector, and 14.5% are in the technology sector.<\/p>\n

Additional industrial sectors include chemical, household, healthcare equipment, oil and gas, and manufacturing.<\/p>\n

The median TGP for large-cap CEOs at industrial organisations showed a modest increase \u2013 R13.9 million \u2013\u00a0 after a substantial decline in 2012 of R10 million.<\/p>\n

\n
\n\n\n\n\n\n
Industrials<\/th>\nCEO<\/th>\nCFO<\/th>\nEC<\/th>\n<\/tr>\n
Large cap
\n<\/strong><\/td>\n		R13.924m<\/td>\nR6.419m<\/td>\nR4.357m<\/td>\n<\/tr>\n
Medium cap
\n<\/strong><\/td>\n		R5.741m<\/td>\nR3.632m<\/td>\nR3.901m<\/td>\n<\/tr>\n
Small cap
\n<\/strong><\/td>\n		R3.345m<\/td>\nR2.002m<\/td>\nR2.007m<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Services<\/strong><\/p>\n

There are 54 companies listed in the services sector on the JSE, among which five
\nsubsectors dominate including healthcare, media, retail, telecommunications, travel and leisure.<\/p>\n

\n
\n\n\n\n\n\n
Services<\/th>\nCEO<\/th>\nCFO<\/th>\nEC<\/th>\n<\/tr>\n
Large cap
\n<\/strong><\/td>\n		R7.287m<\/td>\nR3.590m<\/td>\nR3.001m<\/td>\n<\/tr>\n
Medium cap
\n<\/strong><\/td>\n		R4.601m<\/td>\nR3.844m<\/td>\nR2.567m<\/td>\n<\/tr>\n
Small cap
\n<\/strong><\/td>\n		R3.534m<\/td>\nR1.997m<\/td>\nR2.167m<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

As at 30 April 2015 there were 1,180 executive directors at JSE-listed companies, an increase of 3.1% on the previous year, PwC said.<\/p>\n

More on CEO pay in SA<\/h3>\n

How much money top CEOs in South Africa earn<\/a><\/strong><\/p>\n

CEO pay vs performance in South Africa<\/a><\/strong><\/p>\n

Your salary vs the rest of the world<\/a><\/strong><\/p>\n

Working for no salary is high risk, high reward: SA billionaire<\/a><\/strong><\/p>\n

Naspers chairman rakes in billions of rands<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

A recent report by financial services company, PwC, revealed the pay of executives of companies listed on the Johannesburg Stock Exchange (JSE).<\/p>\n","protected":false},"author":10,"featured_media":12556,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26,2407],"class_list":["post-98868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline","tag-pwc"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/98868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=98868"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/98868\/revisions"}],"predecessor-version":[{"id":98934,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/98868\/revisions\/98934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/12556"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=98868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=98868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=98868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}