A free inside look at Naspers salary trends based on 4 salaries wages for 4 jobs at Naspers. Shareholders and other critics felt executives were largely benefiting from an appreciation in Naspers share price which has been mostly driven by its 31% stake in Chinese internet giant Tencent.The shares were awarded by the company through its share incentive scheme.New report says worst-case scenario could jeopardise up to a fifth of the world's economic output by 2100The party will vote for a new leader at the federal congress scheduled over two days from October 31 to November 1The government has to make painful choices — now it may be able to do so under cover of the loan Salaries posted anonymously by Naspers employees.
Bob van Dijk, CEO of Naspers and its European-listed spin-off Prosus, received remuneration of US$15.98-million, or R276-million, in the past year, according to the Naspers annual report published on Tuesday. The average Chief Executive Officer salary in the United States is $817,274 as of June 28, 2020, but the range typically falls between $630,173 and $1,016,097.
“The pay review for all other employees has been postponed until further notice.” He recently sold that stock for R2,400 per share for R995.8m.Naspers remuneration policy has been criticised in the past for being opaque and unjustified. Van Dijk’s remuneration was made up as follows:It said the impact of the pandemic on Naspers is “not clear at this time”.Remuneration, it said, must be aligned with shareholder outcomes and must incentivise the achievement of strategic, operational and financial objectives in both the short and longer term.Naspers, which has been criticised in the past by investors over its remuneration practices, said in the report that it believes in “pay for performance” and that it is “comfortable with bigger rewards for those that make the highest contribution”.It said its reward package elements are broadly the same, regardless of seniority. Use of this site constitutes acceptance of our Terms & Conditions and Privacy Policy.The revenue service wants to ease the administration burden for taxpayers but wants to ‘make it hard and costly’ criminalsThe KKNK virtual gallery is one of the new possibilities opened up by the digital shift necessitated by Covid-19League will resume on August 11 at 6pmMinister says 5-million applications for the special Covid-19 grant have been paidVan Dijk will reinvest most of the funds back into the Naspers group in the form of bonds which he will buy on the open market. The company said its SARs plan reflects the value of Naspers’s main internet businesses excluding Tencent. Our data indicates that Naspers Limited is worth SAR1.3t, and total annual CEO compensation was reported as US$13m for the year to March 2019. Phuthi joined Naspers as CEO, South Africa in July 2019. Naspers said Van Dijk continues to exceed that requirement.
Any gains accrued are settled in Naspers shares, the company said.Covid-19 has brought into sharp focus the powerful relationship between human endeavour and technologyThe JSE also dropped, in line with other global equities, as the US posted its steepest contraction in 73 yearsWhile Kraft Heinz's retail sales rose, the lockdown took its toll on its US and Canadian food service businessesPublished by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.On Wednesday, the JSE-listed company said Van Dijk had exercised stock appreciation rights (SARs) in the Naspers Global Ecommerce Share Appreciation Rights plan, receiving 414,932 Naspers N ordinary shares in settlement of the gain.
Prior to joining Naspers, she was the co-founder and Executive Chairperson of Sigma Capital. For a participant to make a gain under the scheme rules, the valuation on the exercise date must be greater than the value on the grant date. The CEO of Naspers received almost R1.5-billion in salary, bonuses and vested share options and appreciation rights, during the 2018 financial year, which ended on 31 March, the group’s latest annual report shows.