Eskom CEO De Ruyter may face Parly inquiry into procurement processes 3.3.2021 EFF lashes out at Eskom CEO De Ruyter over the suspension of … In an article discussing Eskom’s unsustainable wage bill, Nedbank CEO Group Mike Brown quoted a number of R770 000 per annum. event.preventDefault(); Officially, ill … The board of Eskom has denied allegations of power abuse and procurement irregularities levelled against the power utility’s executive management including CEO André de Ruyter. He is currently CEO at JSE-listed packaging group Nampak.Public Enterprises Minister Pravin Gordhan announced in a statement on 18 November 2019 that Andre de Ruyter had been appointed as the new CEO of Eskom … In an article discussing Eskom’s unsustainable wage bill, Nedbank CEO Group Mike Brown quoted a number of R770 000/year. Know Your Worth™. Public Enterprises Minister Pravin Gordhan announced on Monday that Andre de Ruyter had been appointed as the new CEO of Eskom and that he would commence duties on January 15, 2020, at a salary below that of the current compensation package. jQuery('html, body').animate({ Mabuza reportedly said that Eskom has “33% more people than was necessary”. Salaries posted anonymously by Eskom employees in South Africa. function createTweetLink(text, e) { The only savings that you get is lights. Andre de Ruyter, the CEO of Nampak Limited, was appointed as the CEO of Eskom. }, false); November 21, 2019 November 26, 2019 Jonathan Santu In what some would see as a sudden move, Eskom announced on Monday the 18th of November, it has employed finally, a new CEO. Public enterprises minister Pravin Gordhan on Monday thanked newly appointed Eskom CEO Andre de Ruyter for accepting the top job at the embattled entity at a lower salary … Salary information comes from 961 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Eskom CEO Andre de Ruyter in ’power abuse’ probe after complaint letter sent to board chairperson. mr. charles kagona. Switching off a geyser for 2 hours will not save any energy because when the power returns the geyser will use twice as much power or as much as needed to recover any losses during the 2 hours. Eskom pays its employees an average of R429,500 a year. Please explain how effective is load shedding during the day then? Ramaphosa defends Eskom CEO's appointment Thursday 21 November 2019 - 2:45pm File: Andre de Ruyter was appointed as the new Chief Executive Officer (CEO) of Eskom. Eskom announced on Monday the 18th of November, it has employed finally, a new CEO. }) 8 Questions You Should Absolutely Ask An Interviewer, Electrical Engineer salaries - 2 salaries reported, Middle Manager: Engineering salaries - 1 salaries reported, Mechanical Engineer salaries - 1 salaries reported, Strategy Manager salaries - 1 salaries reported, Project Coordinator salaries - 1 salaries reported, Senior Engineer salaries - 1 salaries reported, The Ultimate Job Interview Preparation Guide, Senior Mechanical Engineer salaries ($95k). director of procurement and disposal of assets. By continuing to use our website, we assume you are okay with it. newTweetLink.id = "tweetLink"; 178 salaries for 114 jobs at Eskom in South Africa. var range = document.selection.createRange(); Will I be declared insolvent if my late partner’s estate is declared insolvent? imageBtnPrev: "https://www.moneyweb.co.za/wp-content/themes/moneyweb-domination/images/bg_direction_nav.png", Eskom Jobs by Salary. Former CEO, Brian Dames, received a whopping R 22.8 million when he left, of which R5 million was simply for terminating his contract – all of this as the blackouts returned. While its headcount fell about 4% to 46,665 in its last financial year, it still has about a third more staff than it says it needs and wider job cuts have been resisted by labor unions. Eskom has amassed R454 billion in debt, and isn’t generating enough income to cover its operating costs. function getSelectedText() { Are we load shedding for 2hours every day to save 1%? if (oldTweetLink != null && typeof oldTweetLink != "undefined") { mr clement kanyama . ESKOM CEO Andre de Ruyter,Image: Moneyweb. tweetLink = createTweetLink(getSelectedText(), e); return range.toString() Don’t pay those close to retirement to leave. } newTweetLink.innerHTML = ' Tweet'; Asking staff to leave of their own accord is a relatively easy measure that can be utilised to start trimming staff numbers, according to Andrew Levy, managing partner at Andrew Levy Employment, which advises companies on labor relations. A free inside look at Eskom salary trends based on 7 salaries wages for 6 jobs at Eskom. Please be honest and transparent no matter the cost, and you will see it cost less than trying to fix problems under secrecy or by playing political games. On a weekend when businesses are closed? } disposing of loss-making units and reducing staff numbers to shore up the company’s balance sheet. Previous CEO Phakamani Hadebe resigned due to health reasons and the highly regarded Brian Dames burnt out at 48 after three years in the job. Get a free, personalized salary estimate based on today's job market. The salaries of the directors and group executives in 2014 amounted to R 60 million (up from R 57 million the previous year), of which R 24.4 million went to its top three executives. In announcing that Nampak CEO Andre de Ruyter has been appointed as the new CEO of Eskom, the Public Enterprises ministry thanked him for “not … Schüssler went on to say that even if the income of executives and senior managers is excluded, Eskom workers still earn more than R600 000/year, on average. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. How to fund your business in South Africa, Estate planning: Ensuring that your minor children receive their inheritance, Direct offshore investing: Here’s what it entails, South Africa 'no way near debt distress' - Sarb governor, Nedbank and Xero encourage small businesses to embrace a new way to connect. Maybe 1000 watts. } Heat-related changes to the planet’s water cycle, including rainfall, snowfall, and snowmelt, are causing rivers to swell in some places and shrink in others. Again we cannot authoritatively report on his salary, but on a general scale, South Africa’s elite CEO’s currently earn approximately R450 000 per month Scandal allegations Image: … mr masauko mula. So 300 managers at high salaries … A soft target group of people with no union repercussions (which is the reason for targeting them), but serious technical repercussions. See how your offer stacks up to other pay packages and negotiate confidently. Eskom sheds 2 000 jobs to contain bloated salary bill Despite the 2 000 jobs shed, Eskom remains overstaffed. SAA and Eskom both lost their CEOs over the past ten days – which brings the total CEO tally between them to 21 over the past decade. If they recover praise them, if they don’t, let them find a job that they can do elsewhere. jQuery(appendedTweetLink).css({ So his hands are already tied. De Ruyter takes over from Eskom board chairman Jabu Mabuza, who has doubled up as CEO since August 2019 following the departure of the previous CEO, Phakamani Hadebe. oldTweetLink.parentNode.removeChild(oldTweetLink); Although trimming management will be the best place as the top 200 in Eskom has grown to 500 in 20 years. } director of finance. During Hadebe’s tenure as Group CEO, financial records show that he earned an estimated gross salary of R710 083 per month. They also most probably are those that add value to Eskom with their experience. If you plot load shedding during the past 5 years against decision points like NERSA reviews, state of the nation address, etc. “It is really top heavy,” he said. Eskom rewards outstanding small businesses at the 2014 Business Investment Competition ; Eskom bags prestigious Sunday Times Top Brands Award ; Entrepreneurs flood BEFE; Media Room; PAIA. var textParagraph = document.getElementById("textParagraph"); While Eskom’s Phakamani Hadebe said the job was taking a toll on his health, Vuyani Jarana lashed out at government, complaining about funding uncertainty and how slow decision-making is undermining SAA's turnaround plan. However, incapable and incompetent employees as well as non-performers on all levels should be addressed as a matter of urgency! Salaries posted anonymously by Eskom employees. © 2020 Bloomberg L.P. jQuery(document).on('click', 'a[href*="#to-comments"]', function (event) { Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. How much do Eskom employees make? var range = window.getSelection(); if (textParagraph) { All we as the public ask is honestly. return newTweetLink; Join our mailing list to receive top business news every weekday morning. He is expected to take over office on 15th January 2019. Paying people to leave 2 years early mmhhh. Good start to introduce voluntary severance packages to personnel aged 60 to 62. Cash-strapped power utility Eskom has appointed a new group chief executive. var oldTweetLink = document.getElementById("tweetLink"); The utility said it has set aside R400 million for the plan, an allocation it expects to recoup through savings within a year. The National Union of Mineworkers and the National Union of Metalworkers of South Africa, the two largest unions at Eskom, didn’t immediately respond to requests for comment. Eskom’s new boss has taken a first step to reduce the indebted South African power utility’s bloated wage bill while avoiding a potential clash with labor unions. This appointment comes four months after Phakamani Hadebe resigned from the position in July. However, the news has been accepted with a lot of controversies. Learn how to enable cookies. var x = (e.clientX + 5) + 'px', This would not be the problem age group. Glassdoor will not work properly unless browser cookie support is enabled. imageBtnNext: "https://www.moneyweb.co.za/wp-content/themes/moneyweb-domination/images/bg_direction_nav.png", The National Union of Mineworkers (NUM) angrily hit … While he’s ruled out firing Eskom workers, the utility does need to further reduce a workforce that’s expanded more than 23% in the past decade even as electricity sales volumes declined. also ask the question, Hoe effective is load shedding? }); Get rid of the unwanted. Eskom is renowned for having a “revolving door” of top executives and, after nine months, André de Ruyter is nearing the average term for CEOs over the last decade. }); Chief Executive Officer Andre de Ruyter, who took office at the start of the year, intends trimming Eskom management by offering voluntary severance packages to personnel aged 60 to 62. 9 Attention-Grabbing Cover Letter Examples, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Give even the lazy ones a chance because it is fair, but mark them. director of human resources and administration. "top": y, Perhaps Eskom should show us by becoming a member of the south african unashamedly ethical organization and signing their commitment to being transparent and honest! acting chief executive officer. “The voluntary package is a portent of things to come.”. Terms of use. The Economic Freedom Fighters has lashed at Eskom Chief Executive Officer (CEO) Andre de Ruyter after the suspension of Chief Procurement Officer (CPO) Solly Tshitangano at the power utility. jQuery(this.parentElement).lightBox({ var newTweetLink = document.createElement("a"); textParagraph.addEventListener("mouseup", function (e) { newTweetLink.href = "https://twitter.com/intent/tweet?text=" + encodeURI(text) + "&url=https://www.moneyweb.co.za/news/companies-and-deals/eskoms-new-ceo-takes-first-step-to-trim-outsized-wage-bill/&via=Moneyweb"; Likewise with your fridge computer, etc. else { acting director of distribution and customer service. By offering voluntary severance packages to personnel aged 60 to 62. Personelly I think to shed this valuable group of people now at this critical stage is again a major mistake. ... As a result, Werner was appointed and given a monthly salary … The Eskom board will investigate allegations made against CEO Andre De Ruyter, the company announced in a statement on 9 March. I am exactly the target group, I started with Eskom in 1975 and worked myself up with years of experience into a middle management post where I can lead, train, guide, advise and manage people and technical challenges. } if (window.getSelection) { Paying people to leave 2 years early mmhhh. Andre De Ruyter is the new chief executive officer of Eskom. I believe there are skills, albeit thin, and there are solutions, but those only thrive under honesty. Moneyweb requires cookies to function properly. The recipe of being uncompromislingly honest as provided for us in the Bible, is the only recipe that can save eskom and South Africa. y = (e.clientY + 5) + 'px'; jQuery('img[class*="wp-image-"]').bind('click', function () { Rather fire for non performance. Applications for the voluntary packages will start in the third week of February, with exits planned by the end of April, and no critical skills will be lost in the process, according to Eskom. But in his defense, the president instructed him No Job Losses!! You can get more information about how we use cookies in our imageLoading: "https://www.moneyweb.co.za/wp-content/themes/moneyweb-domination/images/spinner_moneyweb.gif", var appendedTweetLink = document.getElementById("article-body-content").appendChild(newTweetLink); jQuery(document).ready(function () { You will see an interesting pattern, sadly continuing under the new leadership. Since companies are shaped by its people, we at Eskom are always looking for highly skilled professionals who want to make an impact. } Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. How to Answer: What Are Your Strengths and Weaknesses? return range.text }); Andre de Ruyter, whose appointment followed the sudden resignation of … "left": x Even your coffee machine and the restaurant only postpone operation till there is power. newTweetLink.target = "_blank"; You are currently viewing our desktop site, do you want to download our. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. De Ruyter embarked on extensive cost cutting during his previous tenure as CEO of packaging company Nampak Ltd,. Share CEO Andre de Ruyter says 6 000 less employees would be ideal. Check out the latest Eskom Jobs & Careers. In my little village what does load shedding save between 1.00am and 3.30am? So 300 managers at high salaries going will be huge. } scrollTop: jQuery(jQuery.attr(this, 'href')).offset().top Despite the reduction, Eskom remains overstaffed according to its CEO Andre de Ruyter, who says 6 000 fewer employees would be ideal. acting director of planning and development. Eskom has reduced its workforce by around 2 000 over the past year in an effort to slim down its bloated salary bill. JOHANNESBURG - Eskom's board says it will initiate an investigation into allegations of racism against its CEO. “Eskom cannot survive without massive staff cutbacks,” Levy said. How much does Eskom Company in South Africa pay? Eskom chairman Jabu Mabuza last year stressed the need for the state entity to shed jobs. Despite the country's debt-to-GDP ratio nearing the 100% mark seen as a red line for investors and credit rating agencies. }); The energy industry is transforming and Eskom is playing a leading role in the delivery of energy to millions of customers countrywide. Salaries at Eskom range from an average of R148,892 to R912,719 a year. What it does create is a security risk for all the old codgers living here. Eskom Salaries trends. Although trimming management will be the best place as the top 200 in Eskom has grown to 500 in 20 years. SAA tries to replace locked-out pilots with outsiders, Court rules an employee attacked at work can sue her employer, Municipalities want another slice of the pie, this time from IPPs, Molefe and the R78m ‘success fee’ paid to Regiments, Mboweni: State Bank must operate on business principles. return undefined; Scopa to probe claims of Eskom CEO De Ruyter purging black suppliers The investigation will also include procurement and contract management in general. if (text === "") The voluntary severance won’t be offered to staff who don’t hold management posts. if (document.selection.createRange) { ), 7 of the Best Situational Interview Questions. The average Eskom Company monthly salary ranges from approximately R 6 000 per month for Cleaner to R 21 355 per month for Administrator. }, 500); A few fridges?? The freeloaders. “In light of the allegation of … Eskom … See you cannot praise the good people at eskom that will be saving it if you do not point out the lazy people.