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Foschini group CEO gets R26m less, while employees receive 2% and 5% increases

Foschini group CEO gets R26m less, while employees receive 2% and 5% increases

By GhanaSummary NewsroomSouth Africa

Pay gap The group’s remuneration report revealed the lowest-paid employee received R62 877, approximately R5 239.

The remuneration committee said it would give employees salary increases to protect and support the group’s lowest-paid employees.” Foschini group gives executives no increases Thunström’s 2026 remuneration package includes a guaranteed salary of R16.

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