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  1. #21
    User
    Join Date
    Jan 2011
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    George - Western Cape
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    40
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    6,275

    Default

    Quote Originally Posted by Manservant View Post
    And he is a major shareholder, and thus partly an owner, of the entire enterprise.
    I dont really have any time for the man in a personal sense.

    But he is a fantastic businessman and a ridiculously hard worker.

    Shoprite isnt known to pay staff huge salaries. But, even during the recession when everybody was tightning their belts Shoprite still declared bonuses.

    The only issue I have its a ridiculous increase if you take into account what the general staff increases are.

  2. #22
    User
    Join Date
    Sep 2011
    Location
    Strand
    Age
    38
    Posts
    10,408

    Default Re: So you thought they get peanuts

    Quote Originally Posted by Kreefstert View Post
    I dont really have any time for the man in a personal sense.

    But he is a fantastic businessman and a ridiculously hard worker.

    Shoprite isnt known to pay staff huge salaries. But, even during the recession when everybody was tightning their belts Shoprite still declared bonuses.

    The only issue I have its a ridiculous increase if you take into account what the general staff increases are.
    That is an issue considering that management and ownership aren't exactly separated in his case. Whether it is the case of a CEO writing his own increase and bonus cheques or not, it sure looks like that from the outside.

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