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ABSA RAISES MINIMUM WAGE
Absa Bank has increased its minimum monthly pay to R20,833, making it one of the leaders in fair wages among South African banks.
This change, highlighted in its annual report, raises the annual minimum salary to R250,000, reflecting an 8.7% increase. While competitors like Standard Bank set their minimum at R258,000, Absa aims to ensure equitable pay across all regions.
Acting CEO Charles Russon (pictured) salary reached R6.9-million, but he did not receive a full bonus due to lower shareholder returns. Despite profit growth of 10% to R22.1-billion, concerns remain about the widening gap between executive and worker pay in the corporate landscape... https://t.co/XFpsUX4VxX
@zulukingdom77 @Nhleiks5 In primary school, i knew african countries, capital cities, and their presidents, in South Africa ministers and Premiers of our country. So its possible if you leave in that space