Integrated_Annual_Report_2026 - Flipbook - Page 163
INTRODUCTION
SASOL AT A
GLANCE
DRIVING SUSTAINABLE
VALUE CREATION
EXECUTING
STRATEGY
DELIVERING
BUSINESS VALUE
SUMMARISED FINANCIAL
PERFORMANCE
CORPORATE
GOVERNANCE
SUSTAINABILITY
REPORT
REMUNERATION
REPORT
ASSURANCE /
ADMINISTRATION
PART II: SECTION B: KEY PRINCIPLES OF SASOL’S REMUNERATION POLICY FOR THE WIDER WORKFORCE CONTINUED
TGP OR BASE SALARY
SHORT-TERM INCENTIVES
LONG-TERM INCENTIVES
Supervisory, Operational and General Workers
Subject to local market practice, employees may be eligible to participate in
incentive plans
Market Position
50th percentile of the market
Benchmarking
Remchannel (SA), KornFerry and
others (International)
Adjustments
Based on CPI, affordability
and market movements
Group STI
(with fatality penalty)
LTIs have a three-year vesting
period, and the vesting
of all LTIs is subject to a
combination of performance
and time conditions
Operations Specific Incentive Plans
Production Bonus Plan Mining
(non-managerial)
EMPLOYEE SHARE
SAVINGS PLAN (SA)
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162
Remuneration for supervisory, operational and general workers is designed
to support the attraction, retention and motivation of employees while
recognising the diverse industries, labour markets and operating environments
in which we operate. Remuneration structures are informed by collective
bargaining arrangements where applicable, as well as market competitiveness,
internal equity, skills requirements, business performance and affordability.
Entry-level remuneration is benchmarked with reference to living wage
standards and, in South Africa, generally exceeds applicable minimum
sectoral requirements.
Employees may participate in a range of remuneration elements, including
allowances, benefits and performance-based incentives, as appropriate to
their role, operational environment and applicable employment arrangements.
Non-financial benefits may vary by location and operating context. Remuneration
design principles are reviewed periodically to ensure continued alignment with
our remuneration philosophy and business objectives.
