How Much Does The Ceo Of Shoprite Earn Per Month Shoprite woolworths pieter engelbrecht roy bagattini retail executive pay remuneration Show Comments The Woolworths CEO earned much more despite the fact that Shoprite s market value of R140 billion dwarfs that of his own company R46 billion
South African executive Pieter Engelbrecht received a total salary package of R29 9 million 1 92 million from Shoprite Holdings Limited at the end of its 2021 accounting period ending on Sept 30 Engelbrecht who is the CEO of Shoprite Holdings Africa s largest supermarket chain earned a total of R29 9 million 1 92 million including a guaranteed package of R16 81 million 1 1 Throughout we are showing the 53 weeks to 4 July 2021 as the comparative period unless stated otherwise A record result in a challenging year Sale of merchandise increased by 9 6 to R184 1 billion Basic earnings per share increased by 22 9 to 1 046 5 cents 2021 851 6 cents
How Much Does The Ceo Of Shoprite Earn Per Month
How Much Does The Ceo Of Shoprite Earn Per Month
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Shoprite s sales have expanded by over 8 to R168 billion in the past year Engelbrecht earned around R2 5 million per month while the retail sector s minimum wage sits at approximately R5 500 a month Shoprite CEO Pieter Engelbrecht earned almost R30 million this year Image Halden Krog Bloomberg Source Getty Images See Shoprite Group salaries collected directly from employees and jobs on Indeed Salary information comes from 19 data points collected directly from employees users and past and present job advertisements on Indeed in the past 36 months Please note that all salary figures are approximations based upon third party submissions to Indeed
Shoprite outperforms the market five years in a row as it delivers what customers want The Shoprite Group s results for the six month period under review reflect the business s incredible dedication to our customers whose support of our operations both in store and online via our digital Checkers Sixty60 app has resulted in us extending our period of uninterrupted market share gains in CEO pay Of the major retailers Woolworths CEO Roy Bagattini earned the most with his single figure pay amounting to R122 47 million in 2023 He earned R90 6 million for work in South Africa
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After being closed for much of last year due to lockdown regulations our Shoprite and Checkers LiquorShop business which constitutes 7 4 of the segment s sales increased by 49 8 he added 2021 was a challenging year for the countries in which we operate but as a result of the Group s commitment and execution we increased sale of merchandise by 8 1 In rand terms this growth equates to an additional R12 6 billion in sales on last year s restated base to total a record R168 0 billion in sales for the year Adjusting for the extra week included in this year s reporting
Assistant manager R8 514 99 R7 413 22 Manager R9 337 83 R8 039 23 Read New features coming to Shoprite stores and delivery services Show comments South Africa s largest retailer in Over the past year Shoprite increased its sales by more than 8 to R168 billion The company s diluted headline profit per share rose by 20 and its full year dividend was 42 higher Engelbrecht s total earnings came to almost R2 5 million a month The minimum wage in the retail sector is R28 25 per hour or around R5 500 a month
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How Much Does The Ceo Of Shoprite Earn Per Month - Shoprite s sales have expanded by over 8 to R168 billion in the past year Engelbrecht earned around R2 5 million per month while the retail sector s minimum wage sits at approximately R5 500 a month Shoprite CEO Pieter Engelbrecht earned almost R30 million this year Image Halden Krog Bloomberg Source Getty Images