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DISCOVERY’S R336 MILLION BONUS SCHEME ANGERS CUSTOMERS IN TRENDING TWITTER THREAD

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Photo: Moneyweb
Another thread on Twitter has started trending by users of Discovery’s medical aid scheme.

Users were left fuming as reports surfaced on how the company was planning on distributing its end of year bonuses amongst management.

According to the report, Discovery’s remuneration committee recently approved R336.6 million in bonus payments for the directors as well as management incentives after the money in the bonus pool rose by 33% when compared to the previous financial year.

The bonuses will be divided as follows: R15.8 million to be shared among seven directors, R265 million to be shared among 1134 managers, and 203 people are set to share the remaining R85.1 million.

Included in the report was the findings that the company’s chief executive, Adrian Gore, took home R19.8 million in the year, including a performance bonus of R7.7 million.

As these findings were forced to be made public members of Discovery’s medical aid took to social media to express what they have been dealing with.

This is what they had to say. The full thread can be followed below.