Eskom are to pay R9.22 million in bonuses on 31 March 2008. The following quote is from a petition at MyPetition.co.za,
The performance criteria for the payment of the “Award Performance Shares” includes financial and non-financial criteria as per an agreed weighting per performance areas that includes capacity, cost of electricity, people, environmental factors, customer service and quality of supply. The weighting is not disclosed in the annual report but if the payment of previous bonuses is anything to go by, the current crisis will have little effect on the payment of bonuses.
I suggest everyone who feels strongly about this issue head over to Mypetition.co.za and support this petition, click here.