‘Takes 48 Years to Earn Director’s Salary’


By Wezi Tjaronda


Stark differences exist between earnings of executive directors and ordinary workers in the country.

According to the Namibian Wage Bargaining Report 2006, in which a comparison of what directors and ordinary workers earn is made, it would take 48 years for an ordinary worker to get to what an executive director earns in a year.

The report was published by the Labour Resource and Resource Institute (LaRRI) as part of a project in which LaRRI looks at the wage developments in Namibia since two years ago.

The findings indicate that the minimum wage of an ordinary worker in 2006 was N$24??????’??


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