Wednesday, September 11, 2024

Air Botswana CEO’s salary package raises eye-brows

Lance Brodgen, Air Botswana CEO, earns almost twine the amount that was earned by his citizen predecessor, Willie Mokgatle.

Explaining the P340 035.24 difference between Brodgen’s net pay and Mokgatle’s to parliament this week, Works and Transport Minister, Lesego Motsumi, said this was “mainly due to the difference in recruitment arrangements.”

Motsumi was answering a question from Tswapong South Member of Parliament, Oreeditse Molebatsi, who had asked” what the former CEO of Air Botswana, who was a local, earned in salary and fringe benefits in cash per annum and what the current non-citizen CEO of Air Botswana earns in salary and fringe benefits in cash per annum.”

Motsumi explained that CEOs of parastatals are perked at F1 salary scale, which is currently 319 572 per annum. “This is the applicable basic salary of the Chief Executive Officer of Air Botswana.”

She told parliament that former CEO earned a total of P397 421.76 inclusive of call allowance and housing allowance at 30% of basic salary. In addition, he was also entitled to gratuity at 27, 5%, medical aid cover at 50%, security and garden maintenance.

In the case of the current CEO of Air Botswana, “ who was recruited internationally following a failed attempt locally, other incentives had to be put in place to attract the right candidate and to get value for money for the organisation. In this regard, the basic salary (P 319 572.00) is applicable, in addition, the expatriate officer is entitled to inducement allowance of 43% (P137 223.00) of basic salary, retention allowance at the rate of 25% (P79 893.00 per annum) of basic salary.

He is also entitled to gratuity of 30% at the end of every successful contract, including all other benefits that were enjoyed by the local CEO, except for medical aid, as he has opted for a private arrangement.

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