Staff have received their first dividend pay-out after three years
Inyati Private Game Lodge in the Sabi Sand Game Reserve issued over 12 000 phantom shares, equivalent to 5% of the company, to its employees in 2011 and now staff have received their first dividend pay-out after three years.
The Inyati staff shares scheme was implemented in a bid to reward staff loyalty and retain employee talent. The phantom shares have a base value of over R3,6m.
Carlos Dos Santos, Director of Inyati, said: “Providing employees with a stake in the business not only improves their sense of belonging and value but also instils the feeling that the better they assist the business in performing, the more value they’ll see in returns through the worth of their investment.
“Our staff play an important role in the success of the lodge and we look forward to sharing future growth with them,” he said.