BANKSETA ANNUAL REPORT 2023

HUMAN RESOURCES OVERVIEW

Human Resources Oversight Statistics

PERSONNEL COST BY SALARY BAND

Average Personnel cost per employee R’000

% of personnel exp. to total personnel

Personnel Expenditure R’000

No. of employees

Occupational Level Senior Management Professional qualified

5 903

12 36 42

3

1 968 1 010

18 176 21 262

18 32

Skilled

664 341 195 278 707

Semi-skilled

2 387

4 1 5

7 2

Unskilled

389

Fixed term Contracts

2 779

10 72

Total

50 896 14 239

100

Performance awards

Total personnel expenditure for the year

65 135

Under fixed term contracts, we have a total number of 10 employees of which are accounted for in the payroll linked to projects due to shortage of resources subject to the approval of the organisational design structure. As part of the business reengineering BANKSETA planned to drive operational efficiency and ensure regional footprint once the organisation design is approved.

PERFORMANCE REWARDS

% of the performance rewards to total personnel cost

Personnel Expenditure R’000

Occupational Level Senior management

No. of employees

3

1 997 5 087 4 986

34 28 23 15 18 25

Professional

16 31

Skilled

Semi-skilled

6 2

361

Unskilled

69

Total for the 2022/23 year Prior year under provision

58

12 500

1 739

Total performance awards expenditure

14 239

The above table reflected the bonus provision for 2022/23. The actual amounts for 2022/23 will be determined after the annual report has been published.

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PART D: HUMAN RESOURCES MANAGEMENT | BANKSETA ANNUAL REPORT 2022/23