ELRC 202324 Annual Report

Financial Statements for the year ended 31 March 2024 EDUCATION LABOUR RELATIONS COUNCIL | 2023/24 ANNUAL REPORT

L EDUCATION LABOUR RELATIONS COUNCI NOTES TO THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 (cont.) Note 15 (cont.) Key Management Personnel (cont.) Senior management emoluments 31 March 2024 Basic salary 13 th cheque Provident and Retirement Fund Contribution Performance bonus Other Allowances* Total Ms LO Makofane 1 038 008 108 069 93 257 148 209 288 112 1 675 655 Ms NA Bongco 1 023 805 106 519 91 919 152 625 342 985 1 717 853 Mr MP Moela 1 048 260 103 011 188 355 112 254 253 264 1 705 144 3 110 073 317 599 373 531 413 088 884 361 5 098 652 31 March 2023 Basic salary 13 th cheque Provident and Retirement Fund Contribution Performance bonus Other Allowances* Total Ms LO Makofane 968 938 100 363 85 568 137 641 257 726 1 550 236 Ms NA Bongco 955 865 88 926 84 343 141 745 314 985 1 585 864 Mr MP Moela 978 508 81 083 172 827 139 000 172 972 1 544 390 2 903 311 270 372 342 738 418 386 745 683 4 680 490

* Other allowances comprise cash allowance, medical aid fringe benefit, SDL and UIF.

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