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Speedy payday: RTIA offers its execs staggering annual increases - Vimarsana News

Speedy payday: RTIA offers its execs staggering annual increases

The state entity in charge of raking in traffic fines pays its executives eye-watering remuneration that in some cases has led to them doubling or tripling their pay from one year to the next.

Covid-19's impact on fixed and variable pay - Vimarsana News

Covid-19's impact on fixed and variable pay

May 21, 2021 Before Covid-19 hit the world, the approach to reward was well defined. Organisations paid their employees a fixed basic salary, plus a set of additional benefits that effectively sweetened the pot. By Dr Mark Bussin, master reward specialist, and Yolanda Sedlmaier, chartered reward specialist, both executive committee members of the South African Reward Association (SARA) The fixed portion served to ensure workers received an equitable market-related income. The variable portion, on the other hand, extended into performance related rewards such as sales commissions and annual bo...