Today's Labour News

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earningsIndependent News reports that the SA Broadcasting Corporation’s (SABC’s) annual report shows that the public broadcaster spent more than R2.35 billion paying the salaries of 2,979 employees at an average salary of R791,000 per person during the 2019/20 financial year.  

The SABC announced a R511 million net loss for the 2019/20 financial year and more than 400 staffers face the prospect of retrenchment after Section 189 letters were issued.  The annual report shows that eight top management employees walked away with an average salary of R3.9m.  The eight were paid a collective R31m between them for the year.  In terms of senior management, 27 employees were paid a collective R58m between them, at an average cost of R2.1m each.  In terms of middle management, 374 employees were paid a collective R461m between them, at an average cost of R1.2m each.  In terms of junior management, 489 employees were paid a collective R487m between them, at an average cost of R998,000 each.  In terms of supervisors, 1,652 employees were paid a collective R1.1bn between them, at an average cost of R678,000 each.  The lowest paid group of staff, referred to as “rest of staff” in their salary level codes, saw 429 employees paid a collective R199m at an average cost of R464,000 each.  Some savings over the previous year were noted across the various divisions at the SABC as staff numbers went down slightly.  The annual report showed that the news service had the biggest salary bill and the most employees in the group.

  • Read the full original of the report in the above regard by Sihle Mlambo at Independent News

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