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The latest SABC annual report revealed that the average salary package at the state broadcaster is R791,000 per year, much higher than most private institutions.
The report, presented in parliament on November 17, revealed that SABC had a net loss of R511 million during the last financial year.
Revenues decreased 12% to R5.7 billion, television license revenues decreased 18% to R791 million and there were R202 million in irregular expenses.
The state broadcaster’s dire financial condition does not mean that its employees have not received excellent packages.
In fact, SABC employees are among the highest paid in the South African broadcasting and information technology market.
Senior managers received an average salary package of R3.91 million per year, while senior managers received R2.15 million.
Middle managers received an average payment of R1.23 million per year and junior managers received a package of R998,000.
The following table provides an overview of the average salary package for SABC employees based on seniority.
SABC staff cost | ||
level | Number of employees | Average salary package |
High direction | 8 | 3,910,000 R |
Senior management | 27 | 149,000 R2 |
Middle management | 374 | R1,234,000 |
Junior Management | 489 | R998,000 |
Supervision levels | 1,652 | 678,000 R |
Rest of staff | 429 | 464,000 R |
Total | 2,979 | 791,000 rand |
Tech companies paying the highest median salaries
Many South African tech companies pay their employees excellent salaries, led by Vodacom and MultiChoice.
Vodacom pays its employees an average salary of R861,070, while the average salary at MultiChoice is R857,557.
This raises the question why SABC employees should not receive the same compensation as their counterparts in the private sector.
There is a big difference. Vodacom and MultiChoice make huge profits and pay billions in taxes that fund education, police and social grants.
The SABC, by comparison, has heavy losses and relies on government bailouts to stay afloat.
Any private company in the SABC position would have closed or drastically reduced the number of employees and wages.
The table below shows how SABC’s average salaries compare to other tech companies in South Africa that pay the highest average employee salaries.
South African state and technology companies | ||
Company | Employees | Average salary |
Vodacom | 6,894 | R861,070 |
Multiple choice | 7,457 | 857,557 R |
SABC | 2,979 | 791,000 rand |
Sentech | 531 | 702,326 R |
Telkom | 15,099 | R630,969 |
Broadband infraco | 155 | R613,794 |
MTN | 19,288 | 549,409 R |
Denel | 3,968 | 540,575 R |
Adapt it | 1,088 | R530,800 |
Now Read: SABC Executives Paid Millions Despite Huge Losses
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