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Vodacom Group Limited
Integrated report for the year ended 31 March 2016
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Remuneration report
continued
Vodacom reward framework
The objective of Vodacom’s reward programme is to support the Group in attracting and retaining high quality talent, while at the same time
motivating individual and team performance that drives stakeholder value.
Vodacom’s reward framework comprises financial and non-financial elements and is applied to all employees, including the Group’s executive
directors and prescribed officers.
Remuneration
(Financial reward)
Guaranteed package (GP)
Short-term incentive (STI)
Long-term incentive (LTI)
Other
Recognition
Non-financial
Reward
Employee benefits
Work environment
Learning and development
Other
Recognition
Reward
at Vodacom
We adopt a holistic approach to reward encompassing the following elements:
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Guaranteed package which includes basic salary and benefits;
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Variable remuneration which includes short- and long-term incentives;
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Various recognition programmes;
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Growth and development opportunities for all our employees;
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Progressive talent management programmes; and
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Well-designed wellness programmes.