EMPLOYEES
To be an employer of choice that pays market-related salaries
while providing employees with the opportunity to realise
their desired career paths.
[ ! ]
EMPLOYEE COSTS*
R’m
400
300
ISSUES DURING THE YEAR
� Sudden Covid-19 developments in the last months of the financial
year placed great restraints on the deployment and effective
use of skills in various businesses.
� A challenging macro-economic environment.
� Employment equity compliance remains an issue.
600
500
COMPANY’S RESPONSE TO THESE ISSUES
� An emergency response Covid-19 Crisis Committee carefully
monitored and guided processes as it unfolded in government
and at the various business units.
� Senwes hosted its first employee wellness week and a combined
year-end function.
� Senwes paid short-term incentive bonuses to staff to the value
of R48 million.
� Formalised wage agreement disputes of both Senwes and Hinterland
were referred to the CCMA, where both cases were
resolved without escalating into a strike in 2019. The company
obtained majority approval from all employees to implement
wage increases in 2019.
� No employment equity non-compliance certificates were issued
anywhere in the group over the last 12 months. New joint ventures
registered for employment equity compliance uploads.
� A five-year employment equity plan was developed, with full
stakeholder engagement and approval, and was submitted to
and acknowledged by the Department of Labour. The group is
in the second year of this plan.
200
100
-
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
* For the group, excluding JVs and directors’ remuneration
** The notable increase in employee costs is attributable to the acquisition
of subsidiaries during the year, namely: KLK Landbou, Falcon Agricultural
Equipment and Grainovation.
**
34 ROOTED IN AGRICULTURE