Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

GoTo CEO Clarifies Issue about Jumbo Salary of Employees

15 December 2022 08:27 WIB

TEMPO.CO, JakartaIndonesia's Tech Giant PT GoTo Gojek Tokopedia or GoTo has spoken up about issues related to the high management burden on employees’ salaries when compared to similar entities. GoTo CEO Andre Sulistyo confirmed that the wage paid by the company is on par with other companies.

“If we only look at the cash component, GoTo management's salary is on par with similar companies,” said Andre in a written statement on Wednesday, December 14, 2022.

The total GoTo management’s salary expense for the last nine months amounted to Rp22.9 billion, while the payroll expense for the transportation company was at Rp23.9 billion; FMCG companies at Rp61.1 billion; and State-Owned Banks at Rp199.4 billion. The data referred to the public company's 3Q22 financial report and internal research of GoTo.

When comparing GoTo's total net revenue expense with similar companies, according to Andre, the numbers were still similar according to the same source. GoTo management's total net revenue expense reached Rp8 trillion, while other technology companies at Rp2.6 trillion, transportation companies at Rp2.5 trillion, FMCG companies at Rp31.5 trillion, and state-owned banks at Rp115.3 billion. 

Andre also said that currently, the management did not receive bonuses, profit sharing, or other compensations based on the company’s profits like in other companies. “Although some management also owns company shares, no dividends are distributed, like other company shareholders,” he claimed.

He assessed that the salaries of GoTo employees were competitively designed. “Competitive salary and benefits are important factors in recruiting and retaining professional management with a world-class experience,” he said.

Last November, the merger of ride-hailing provider Gojek and e-commerce firm Tokopedia decided to cut 1,300 workers or about 12% percent of its total employees in Indonesia, Vietnam, Singapore, and India in a bid to encourage the company's financial independence.

RIANI SANUSI PUTRI

Click here to get the latest news updates from Tempo on Google News



Vietnam, Indonesia to Strengthen Economic Partnership Through Cutting-edge Technology Mastery

3 hari lalu

Vietnam, Indonesia to Strengthen Economic Partnership Through Cutting-edge Technology Mastery

Indonesia and Vietnam have planned to strengthen strategic economic partnerships through the mastery of cutting-edge technology.


Indonesia and Microsoft Collaborate to Accelerate Digital Transformation

13 hari lalu

Indonesia and Microsoft Collaborate to Accelerate Digital Transformation

The Communication Minister says the collaboration with Microsoft is important to realize the national digital transformation.


TikTok-Tokopedia Migration under Strict Monitoring, Says Trade Ministry

20 hari lalu

TikTok-Tokopedia Migration under Strict Monitoring, Says Trade Ministry

Trade Ministry director Rifan Ardianto said that his side was still closely monitoring the migration process of TikTok and Tokopedia.


GoTo: TikTok Shop Transactional Process Already Trough Tokopedia

21 hari lalu

GoTo: TikTok Shop Transactional Process Already Trough Tokopedia

Teten Masduki accuses TikTok of not complying with Indonesian regulations because it still conducts transactions through the app.


BPJS Kesehatan to Improve National Health Insurance Program by Using Info and Comm Tech

22 hari lalu

BPJS Kesehatan to Improve National Health Insurance Program by Using Info and Comm Tech

BPJS KEsehatan to use information and communication technology to improve the National Health Insurance (JKN) Program.


Silent Travel Trend; Mindful Way to Reconnect with Nature

30 hari lalu

Silent Travel Trend; Mindful Way to Reconnect with Nature

In the middle of overtourism bursts, silent travel emerges as a new travel trend in 2024.


Govt to Summon TikTok This Week Over Social Commerce Ban Compliance

31 hari lalu

Govt to Summon TikTok This Week Over Social Commerce Ban Compliance

The Ministry of Trade plans to summon TikTok this week to ensure the platform still complies with the Trade Minister Regulation No. 31 of 2023.


Indonesia Leads 4-Week Conference on Disarmament in Switzerland's Geneva

31 hari lalu

Indonesia Leads 4-Week Conference on Disarmament in Switzerland's Geneva

Indonesia will lead the Conference on Disarmament starting today, a 65-member multilateral cooperation forum established in 1979.


Technology Helps Tackle Surging Dengue Cases

39 hari lalu

Technology Helps Tackle Surging Dengue Cases

Real-time data, early warnings and engaging communities empower health authorities to manage dengue outbreaks and protect communities.


Grab Indonesia Denies Possible Merger with GoTo

44 hari lalu

Grab Indonesia Denies Possible Merger with GoTo

Grab Indonesia denied reports of possible merger with PT GoTo Gojek Tokopedia (GoTo).