Whitey Basson’s R100m Shoprite pay packet upsets Cosatu-led protesters
As they protested on Friday against retailer Shoprite’s working conditions, workers compared their pay with the R100m handed to group CEO Whitey Basson
SHOPRITE CEO Whitey Basson’s R100m remuneration was a big issue as workers gathered in Johannesburg for the march organised by the Congress of SA Trade Unions (Cosatu) on Friday.Some workers joined the march dressed in their red Shoprite work T-shirts to express their frustrations over working conditions at the huge retail chains."That is so bad because if I compare my salary and his‚ it’s not the same‚" said one of the workers."He is my boss‚ but if I could receive at least R1,000 a week if I worked 40 hours it would be better. I heard that he [Basson] is saying he is giving his employees R4,000 a month‚ but it’s not true. For a temporary worker, the maximum pay is R3,000‚ that is if you worked maximum hours."Shoprite workers were upset this week to learn from the group’s annual report that Basson’s remuneration included R49.7m in basic pay for the 12 months to June in line with the previous year‚ and a once-off R50-million performance-related bonus. This was for trading profit gro...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.