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Transparency and accountability
Remuneration objectives
The remuneration policy is designed to attract talent in a competitive labour market and enableTelkom to achieve the
following objectives:
Remuneration principles
Telkom recognises that, in this competitive environment, we need to differentiate based on strategic roles and growing
areas of the business to value employees’ contribution. Therefore, our remuneration and reward policies and practices
must be based on the following principles:
Remuneration
report
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Remuneration
objectives
Promote sustainable value creation through transparent alignment with agreed
corporate strategy
Ensure that proper risk management processes are in place and that remuneration is appropriately
aligned with both short and long-term performance
Ensure that all employees are remunerated competitively relative to industry benchmarks, provided
with appropriate incentives to encourage enhanced performance, and rewarded for their individual
contributions to the success of the company
To ensure that remuneration is affordable and reasonable in terms of sustainable value creation for shareholders
Remuneration
principles
Be designed to motivate and reinforce superior performance
Encourage the development of organisational, team and individual performance
Develop the competencies required to meet future business needs
Be based on the premise that employees should share in the success of the company
Aim to get the appropriate remuneration mix to ensureTelkom’s business plan objectives are met
Be fair and non-discriminatory