One mistake that broke Eskom

[Shaun Jacobs]

One mistake that broke Eskom

Eskom’s collapse was largely caused by the government’s five-year ban on staff bonuses and salary increases, which destroyed incentives, fostered a toxic culture of apathy, and crippled performance, chairman Mteto Nyati says.

 

[ToxicBunny]

Nah mteto, that didn't break eskom.

The ANC did.

 

[FiestaST]

Just one eh??

 

[Forum Reader]

So 5 year salary increase ban and still over R1mill average salary?

 

[Lupus]

So 5 year salary increase ban and still over R1mill average salary?

Please learn what it is meant by average salary.

 

[Forum Reader]

Please learn what it is meant by average salary.

This is what AI says:

An "average salary" is a measure of the typical or central income within a given group (such as a country, industry, or profession). The figure can vary significantly based on location, industry, and the method of calculation.

Is that correct sir?

 

[Lupus]

This is what AI says:

An "average salary" is a measure of the typical or central income within a given group (such as a country, industry, or profession). The figure can vary significantly based on location, industry, and the method of calculation.

Is that correct sir?

The main difference is that average (mean) salary is calculated by summing all salaries and dividing by the number of workers, while median salary is the middle value in a dataset when all salaries are listed in order from lowest to highest. The average can be skewed by extremely high salaries (outliers), whereas the median provides a more accurate picture of the typical earner because it's not affected by those high-end outliers.

Here seeing as you're relying on AI which isn't 100% correct.

There is no single "median salary" for Eskom employees, as the average pay package has reached over R1 million per year, but this is heavily influenced by executive compensation, while two-thirds of employees earn much less. For instance, the average cost per employee for the 2025 fiscal year was R1,026,688, including benefits and overtime. In contrast, the median salary for lower-level employees is substantially lower.

 

[Forum Reader]

The main difference is that average (mean) salary is calculated by summing all salaries and dividing by the number of workers, while median salary is the middle value in a dataset when all salaries are listed in order from lowest to highest. The average can be skewed by extremely high salaries (outliers), whereas the median provides a more accurate picture of the typical earner because it's not affected by those high-end outliers.

Here seeing as you're relying on AI which isn't 100% correct.

There is no single "median salary" for Eskom employees, as the average pay package has reached over R1 million per year, but this is heavily influenced by executive compensation, while two-thirds of employees earn much less. For instance, the average cost per employee for the 2025 fiscal year was R1,026,688, including benefits and overtime. In contrast, the median salary for lower-level employees is substantially lower.

So what's this got to do with freezing salary increases? Do you understand that if salary increases are frozen that the average remains the same?

 

[Lupus]

So what's this got to do with freezing salary increases? Do you understand that if salary increases are frozen that the average remains the same?

Still seem to be struggling with the concept there squire.
You think the execs had increase and bonus freezes?

Eskom's CEO, Dan Marokane, earned a total remuneration package of R11.73 million in the 2025 financial year, including a R9 million basic salary, a R765,000 short-term incentive (STI), and other payments. Other executive salaries vary by position; for example, the Chief Operating Officer had a total cost to company of R5,496,000 in a recent period, while Group Executives for Legal and Government & Regulatory Affairs both had a total cost to company of R3,100,000. Non-executive directors' pay also varies, with some earning over R2 million in a recent year.

 

[Forum Reader]

Still seem to be struggling with the concept there squire.
You think the execs had increase and bonus freezes?

Eskom's CEO, Dan Marokane, earned a total remuneration package of R11.73 million in the 2025 financial year, including a R9 million basic salary, a R765,000 short-term incentive (STI), and other payments. Other executive salaries vary by position; for example, the Chief Operating Officer had a total cost to company of R5,496,000 in a recent period, while Group Executives for Legal and Government & Regulatory Affairs both had a total cost to company of R3,100,000. Non-executive directors' pay also varies, with some earning over R2 million in a recent year.

Ok, lets say the execs got a R1bn salary increase in the 5 years (they didn't) and nobody else got an increase. Across 42k employees that changes the average by R24k.

See how math works?

 

[Lupus]

Ok, lets say the execs got a R1bn salary increase in the 5 years (they didn't) and nobody else got an increase. Across 42k employees that changes the average by R24k.

See how math works?

Eskoms minimum salary is 222 000.

Eskom’s minimum salary is R18,475 per month

MyBroadband adjusted previously leaked salary data with annual increases to estimate how much Eskom’s lowest-paid employees were earning in 2025.

mybroadband.co.za

While the highest was 11 million. Go do more math and try figure out why things like reporting the average is just a click baity thing.
Median salary is a far better reflection.
Plus that story above contradicts the no increases.

 

[Crowley]

And here I thought their biggest mistake was ADR.

 

[Lupus]

And here I thought their biggest mistake was ADR.

Nope still the ANC

 

[Quicks]

What a load of BS.

 

[EmmanuelGoldstein]

What a load of BS.

Yep another bulltwang artikel