Published: 31 January 2014

Premier Service Medical Aid Society group chief executive officer Cuthbert Dube earned half a million dollars every month, almost twice the $230 000 initially reported, when his generous allowances are factored in.

The mega salary rivals earnings by celebrity soccer stars in the cash-rich Barclays English Premier League.

Dube, who has since been forced to retire, got allowances equivalent to his monthly basic salary of $230 000 plus a bonus of over $1 million.

This brought his annual earnings last year to just over $6,4 million.

The annual wage bill of the 15 PSMAS executives for 2013 was a whopping $18,6 million with Dube taking more than a third of this total.

PSMAS group operations executive Enock Chitekedza got about $2 million in 2013. Other executives pocketed slightly above a million dollars each over the year.
- herald

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