The group declared a final dividend of R2.96, taking its total dividend for the year to R4.52, a 17% growth on the prior year’s R3.86. Our Group. Following his retirement, Basson served for nine months on the Shoprite Holdings board as non-executive vice-chairman to ensure an orderly leadership transition. Pieter C Engelbrecht is CEO/Executive Director at Shoprite Holdings Ltd. See Pieter C Engelbrecht's compensation, career history, education, & memberships. Adrian Gore (CEO of Discovery) Adrian Gore has a fixed Salary of R6.59m with a total of R19m. Shoprite CEO Whitey Basson’s R100-million salary was brought up as workers gathered in Johannesburg for the march organised by the Congress of SA Trade Unions (Cosatu) on Friday. De Bruyn said Shoprite increased its turnover by 3.6percent to R150.4billion for the year to the end of June. Shoprite Supermarkets Business Salaries 2,179 salaries (for 413 job titles) Updated Dec 3, 2020 2,179 Shoprite Supermarkets employees have shared their salaries on Glassdoor. The Shoprite group, of which Checkers is part, paid its chief executive R100 million in the year to June. Iain Moir, the CEO of South African food and clothes retailer Woolworths Holdings, was paid R49.2 million in the year ending June 28, including base salary of R11.2 million and a … “Emerging from a transformational year in 2018, which resulted in only marginal sales growth in the first half to December, the group managed to report improved growth in the second half of the financial year. Alan Clark is the most paid CEO in South Africa as … … By Janice Kew. Shoprite said in the annual report that, over the next three years, the retailer would complete and implement its revised remuneration policy. The bulk of Shoprite staff earn less than R2000 a month. Shoprite Holdings is Africa's largest supermarket retailer. He assumed the role on 1 January 2017, bringing with him extensive operational and management experience gained over 20 … This performance was driven mainly by our Supermarkets RSA operation growing sales by 7.4percent in the six months to June 2019 and 9.4percent in the final quarter. Shoprite’s chief financial officer, Anton de Bruyn, received total remuneration of R6.74m, up by 31percent compared with R5.15m he received in 2018. Basson’s double-pay is thanks to a bonus he received from Shoprite for beating the company’s profit growth target for the year. He got R100 million bonus. Saker ShopRites is one of the highest average volume per store … In terms of basic salaries, the likes of Woolworths’ Ian Moir and Shoprite’s chief executive Pieter Englebrecht were the biggest earners, with R18.9 million and R16.1 million, respectively. The total remuneration figure includes a short-term incentive of R4.44m, R214000 in benefits and other benefits of R491000. The average Shoprite Checkers (Pty) Ltd monthly salary ranges from approximately R 2 000 per month for Bakery Assistant to R 11 867 per month for Sales Manager. The market-share gains reflected in the most recent quarter testify to our core South African business being back to full operational strength,” De Bruyn said. Earnings: R122 Million. Pieter Engelbrecht (CEO of Shoprite) Shoprite … His annual salary of R3.12m was up by 27.7percent compared with last year's salary of R2.45m. Shoprite CEO White Basson has seen his take-home salary double over the past year, with the executive pocketing R100 million in the group’s latest financial reporting. “During 2019, the committee, the human resources department, the board and executives begun overhauling the remuneration strategy to align more closely with the group's strategy and address the concerns raised,” Zinn said. Average Shoprite Store hourly pay ranges from approximately $8.96 per hour for Stocking Associate to $14.37 per hour for Baker. Average Shoprite Group weekly pay ranges from … Shoprite Holdings chief executive Pieter Engelbrecht’s total remuneration was R21.27m in 2019, up by 4.5percent compared with last year's R20.36m. Shoprite will hold its annual general meeting on November 4. All rights reserved, Please visit the official Government information portal for Coronavirus by clicking HERE. Bernard Fornas and Richard Lepeu, Co-CEOs of Richemont, both saw salaries of over R150 million in 2015, while chairman and South Africa’s former richest man, Johann Rupert took home R50 million. 6. Read: Shoprite CEO takes leveraged bet The group’s largest shareholder, the Public Investment Corporation (PIC), with 11.85%, voted against both (non-binding) resolutions on … Investors. Richard Saker is owner and operator of 30 ShopRite Supermarkets, 29 pharmacies, 2 liquor stores, and Dearborn Market and Garden Center. Our Properties. Behind the humour lies a razor-sharp mind that … R100 million-plus salaries are often only seen in companies where executives are paid in foreign currency (typically pounds). The biggest reason for the decline was a 13.2percent decline in his short-term incentives, which fell to R1.4m in 2019 compared with R1.62m in 2018. Shoprite CEO White Basson has seen his take-home salary double over the past year, with the executive pocketing R100 million in the group’s latest financial reporting. The group recorded an annual gross profit of approximately N$35,3 billion in 2019. His salary included a R49.7 million rand basic salary for the 12 months through June –  the same as the previous financial year – and a R50 million rand one-time performance-related bonus. He was succeeded by Pieter Engelbrecht, former chief operating officer. — Olwethu Sipuka (@osipuka) October 4, 2016 "These changes will first affect executives and senior management, before being rolled out to additional eligible employees in 2021,” it said. Shoprite Group of Companies pays its employees an average of R209,870 a year. For 2020, we will revise the performance criteria and adjust the designs relating to long- and short-term incentives. 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