This article is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. They have created a business employing more than 130000 people and are paying them, training them, offering career paths and growing the business for all stakeholders including their employees and families. “In 2010, Whitey Basson the CEO of Shoprite earned ZAR 620,000,000.00.” My personal opinion on this statement is most closely described by StudyMode.com. Many times my mother has taken home less than her normal take home, as she has to shop for basic food needed in the house. Block, Tannery Park Basson's salary is way too much for the work done. Sasha Planting spoke to the man who runs Shoprite with an iron fist, and delves into his business philosophy and the secrets of his success. (You might want to do a bit of research into the nature of Whitey Basson's 2010 earnings). Cite. info@groundup.org.za, Suite 08SB, 1st floorSouth  I for one will NOT be buying my groceries for a company that does not share their profits with their employees. I though I would test the waters and see if they are the same and as expected they are. This is tricky as I have read up on Whitey Basson and how he acquired the annual earnings. A guy with his talent is terribly rare. ...Personal Statement With BSc in Mechanical Engineering, I have had over twenty (20) years of varying engineering working experience. She spends R500 of her salary on rent every month and up to R320 on transport. Basson’s remuneration included R49.7 million in basic pay for the 12 months through June, in line with the previous year, and a R50 million one-time performance-related bonus, the Cape Town-based company said in its annual report. I have worked for the NHS for over 3 years now, and have been a Health Care Assistant for 16 months. Basson was paid R49.7 million in basic pay and a special performance bonus of R50 million in the financial year to June. Besides, that probably wouldn't work either - he'd probably find a way to take money "under the table", to make up what he was earning before he was capped. ; a rather too bright for my liking. They are exploiting their workers. The secret of Whitey Basson's success. It would take a worker in a Checkers deli about 290 years to earn what the chief executive of the Shoprite group, Whitey Basson, was paid in a month this year. Hardworking South African 　　　　I determine what is right or wrong usually by checking if it can fit into my ethic standard and general law. Nosakhele (not her real name) works for House & Home, also part of the Shoprite group. This is economic "Izikhothane " rubbing it in the faces of the poor masses. Phumla has been working for the company since last November but she has been told that as a casual worker she will not be paid during her maternity leave. In 2010, Shoprite's chief executive Whitey Basson took home R627.5-million. The boss is retiring like a boss! My mother works at Checkers and has been there for just over 10 years and still takes home R2800. photek Frets: 1111 . nature of Whitey Basson’s 2010 earnings). President Ramaphosa to earn more than predecessor Jacob Zuma Naspers claimed that van Dijk’s remuneration is closer to ZAR 32 million, as the LTI is made in shares and the shares haven't been cashed. Whitey Basson was born on the family farm Dasbosch in the Porterville district on 8 January 1946 to Jack and Maude Basson. She catches two taxis just to get to work, spending R42 daily on the return journey, or R840 a month. That a large chunk of their money goes toward just getting to work. Truly the attitude of "we don't care about the poor masses" is pervasive in this board room. I am not against large salaries for key leaders that help to grow and deliver profits for its investors. They'll just sit and bitch about it, and blame someone else for their inadequacies. It is all-known that general law is sacrosanct, which set by government and everyone has to obey in order to make a peaceful society. Can NSFAS approve my application if I'm getting the SRD? Basson’s 2011 pay package of R627.6 million is therefore not even close to the value which he brought to the company. People can whine about it all they want, but it's the business of Shoprite what they pay their employees and executives. No one says he must not get a salary commensurate to his level and contribution in the company. Paper, and the pulp papermaking process, was said to be d... ...In my family, we have celebrated more baby showers than we have high school graduation parties. 6.What do you think about Whitey Basson (or you) earning ZAR 620,000,000.00? Top earner in 2010 was Shoprite CEO Whitey Basson, who took home the highest-ever monthly earnings ever recorded in a single year - an unbelievable R627.53 million in salary, perks and share options. However, the shares are in van Dijk’s name. The TRC, land reform etc have only benefitted the ruling class and their cohorts and not the masses of this country. In the crossroads assignment, one of the multiple choice questions was: “In 2010, Whitey Basson the CEO of Shoprite earned ZAR 620,000,000.00.” My personal opinion on this statement is most closely described by: A . top-rated free essay. The saying that "people stop looking for work once they get a job " becomes a reality in many instances. In the crossroads assignment, one of the multiple choice questions was: ... " I will take ZAR 620 000 000.00 (A) when I've done a year's work (C) in order to get really, really rich (E). “We cannot sit and watch while employees are being exploited,” said Tau. Shoprite forced to pay Whitey Basson R1.8 billlion. Bassoon has surpassed his fiscal obligations and actually guaranteed workers' jobs for the following year.