Post Office staff to get 40% pay cut while CEO earns R4 million

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Post Office staff to get 40% pay cut while CEO earns R4 million
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The Democratic Alliance has promised to take the matter to the CCMA, Public Protector, and Department of Labour if the salary cuts get the go-ahead.

The South African Post Office is planning to slash staff salaries by as much as 40% from February 2023 while the CEO earns close to R4 million a year, the Democratic Alliance has said, citing a reliable source.

Although Post Office management promised the Parliamentary Communications Portfolio Committee to turn things around, the DA said medical aid benefits have again been withdrawn from staff and pensioners due to non-payment. “The CEO earns R3.9 million, and the non-executive board members also live in the lap of luxury with a collective annual amount of R2.7 million,” Kohler Barnard said.

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