After an announcement that Shoprite reserved approximately a 100 million bonuses for its staff for actively working during covid-19, South Africans slammed the amount as peanuts.
Shoprite has over 2900 stores in Africa, making it the biggest food retailer in the continent.
The company benchmark stores in 15 countries and providing more than 140000 jobs throughout the continent.
The bonus is scrutinized due to comparisons of what the company CEO gets.
In 2016, Bloomberg published that the Shoprite doubled Chief Executive Officer Whitey Basson’s pay last fiscal year to R100.1 million ($7.4 million).
@Tevin8r: Am I the only who thinks this R102 million from shoprite still won’t be enough when spread out across all the workers? I mean a few years ago the CEO got that amount as a bonus for himself alone mos
@Pule Wale EFF: Headline should be Shoprite will pay R800.00 bonus to its employees for risking their lives , and pays its CEO R102 million bonus each year,
@Benchefs: According to Shoprite 2018 annual report it has 147 478 employees R102 million will get each employee R6,90 🤷🏿♂️🤷🏿♂️ do the maths
@MacakhaniMshengu: That is their money they have been exploited three decades by Shoprite
@Pleshedi_sp: Shoprite CEO got R100M bonus but employees are getting a lousy thousand Rand’s GTFOH!