mining ceo salary in south africa

jQuery('html, body').animate({ SALARIES IN SOUTH AFRICA - A REVIEW OF OUR TOP 10 SECTORS. Meanwhile, South Africa’s total Gini coefficient, which measures the level of inequality in a country, is 0.63. DRD Gold’s pay gap ratio is 29. return range.text Discover over 50,000 new job ads every day. Sales & Marketing Manager (mining) Jobs South Africa. Ceo Mining Jobs In South Africa. } Women in Mining; Africa; Business. imageBtnNext: "https://www.moneyweb.co.za/wp-content/themes/moneyweb-domination/images/bg_direction_nav.png", jQuery(document).on('click', 'a[href*="#to-comments"]', function (event) { Get the best of our site delivered to your inbox every day. The salaries of both CFOs and executive directors also increased by on average R200,000 the past year. Compared to seven other sub-Saharan African countries, South African executive directors were paid roughly R1 million more. Logistics . The lowest paid CEO in the gold mining sector was Niel Pretorius of DRD Gold. The research, conducted by Moneyweb and Profile Media, is based on the manual analysis of the annual remuneration packages of 966 executive directors of 329 listed companies, as published in the companies’ latest annual reports. The median salary of tech CEOs in South Africa R4.98 million, which include basic salaries, bonuses, and other benefits. var textParagraph = document.getElementById("textParagraph"); jQuery(appendedTweetLink).css({ } The research excludes long-term incentives such as share schemes. This is 20.24% lower of what High School degree holders earn. The average IMPALA PLATINUM MINE monthly salary ranges from approximately R 7 494 per month for Driver to R 47 922 per month for Safety Officer. Join our mailing list to receive top business news every weekday morning. PwC found that the total guaranteed package (TGP) for CEOs, which includes bonuses, short term incentives and long-term incentives, were highest at the large mining houses where CEOs receive R16.8 million a year, and CFOs R6.9 million. if (window.getSelection) { All CEO Mining jobs in South Africa on Careerjet.co.za, the search engine for jobs in South Africa How much does a Miner make at Sibanye Gold in South Africa? Location: WOODMEAD, Gauteng, ZA Job ID: 14681-en_US 3M is seeking a Sales & Marketing Manager (Mining) for the Safety & Graphics Group located in Woodmead, Sandton For more than 100 years, 3M has been a company that delivers both sustainable growth and consistent results. var range = document.selection.createRange(); Rupert responds to Swiss Covid-19 vaccination uproar, The uproar regarding SA’s procurement of the Covid-19 vaccine, Two forex trading companies go belly-up, owing investors upwards of R1bn, Simon’s weekly wrap: Think before you invest, Some sumptuous corporate gift-giving to round off the year, Anglo to defend class action suit over lead poisoning in Zambia, South African miners can scale up vaccination, Sibanye says, [TOP STORY] Resources and property stocks for 2021, All you need to know about local CFDs and ETF redemptions, SA stocks resist risk-off slide as Mr Price gains, SA stocks fall as weak miners eclipse rising banks, SA stocks rally to record as Tencent surge boosts Naspers, DRDGold declares dividend; reports rise in profit, [TOP STORY] Tesla versus Exxaro and investor decisions, Exxaro vs Tesla and the latest shopping trends, A week of lazy ‘strategising’ and sad realities, Gold Fields appoints former Amplats boss as CEO, SA stocks fall, paring best November gains since 2001, Zimbabwe’s Russian-backed platinum venture sells stake to Fossil, Cabinet approves export tax on chrome ore, Mixed bag for mining stocks as AngloGold CEO says goodbye, Glencore’s SA venture with Merafe starts job cut process, SA stocks erase gains as tight US vote hits rand, SA stocks slip to four-week low before budget statement, What’s up (and down) with the S&P and the importance of asset allocation, Fed rates unchanged, Pan African results and spectrum auctions, Stocks pulled lower as iron ore miners outweigh gold, Stocks fall as precious metals producers tumble, Stocks retreat as banks fall; Shoprite soars on update, (SEC’s) introduction of a new pay gap ratio rule, 10 things that can rob you of your financial peace of mind, How to set yourself up early for financial success. Check your email and click on the link to start receiving your job alerts: ceo mining . All JSE data is delayed by at least 15 minutes, South African salary hikes the smallest since 1971 – and increases for civil servants have halved, Cellphones, R1-million salaries, free flights and airport parking - these are some of the perks awaiting new MPs, These SA jobs will pay up to R1 million a year – and you don’t need a degree, *Copyright © 2021 Business Insider Inc.All rights reserved.Registration on or use of this site constitutes acceptance of our, A SA food giant - owner of Sasko, Spekko and Liqui-Fruit - is in talks. "left": x Salary information comes from 6 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. the CEO compensation, namely base salary plus annual bonus. In the financial sector, accounting for 15.71% of the total Johannesburg Stock Exchange (JSE)'s market capitalisation, CEOs received a TGP of R9.6 million, and CFOs R5,15 million. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later. else { } How much does IMPALA PLATINUM MINE in South Africa pay? }); South Africa has one of the strongest economies on the African continent, so it is a major hub for professionals looking to advance their careers. Setting up a business: sole proprietorship, partnership, or private company? Top Answer. If the salaries of Cutifani and Mackenzie are not taken into account in the local non-gold mining sector, the average remuneration packages in these industries are significantly lower than the average JSE CEO package. South African CEOs of listed companies receive an average salary of R5.4 million a year this year, an increase of R200,000 (around 4%) the past year, a new report by PwC found. return newTweetLink; The average Mining salary for 2020 in the US is $345,804. Christopher Cory‘s R21.6 million package resulted in a pay gap ratio of 103 times. The industry is also under a lot of pressure from low international commodity prices, with many mines currently suffering losses. Meanwhile two reports on executive pay from Deloitte and PwC showed that the average executive in South Africa earns R17.972 million a year in total … Nic Holland, CEO of Goldfields, is the highest paid South African-based mining CEO and received a total annual package of R28.17 million in the company’s 2014 financial year. oldTweetLink.parentNode.removeChild(oldTweetLink); CEOs . imageBtnPrev: "https://www.moneyweb.co.za/wp-content/themes/moneyweb-domination/images/bg_direction_nav.png", It is also evident that the massive salaries of international mining giants Anglo American CEO Mark Cutifani (R66 926 332) and BHP Billiton CEO Andrew Mackenzie (R56 902 390) have a significant impact on the average salaries in the mining sector. Both Cutifani and Mackenzie run massive mining companies on various continents and it may be unfair to compare their salaries with the average salaries in the South African mining industry. 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