It's called sitting allowance.

That is the normal procedure in parastatals and state corporations. Appointments are normally made by the board of directors, which is the appointing authority. Therefore, after a position has been advertised, the CEO and his senior managers are required to carry out a preliminary interview to shortlist candidates to be presented to the board for interview. The board then picks the candidate and the CEO, in his capacity as the secretary to the board, is directed by the board to send the appointment letter to the successful candidate. This takes about 2 weeks after the interview because the minutes of that board meeting i.e. interviews and resolutions therein have to be approved and signed by the chairman and secretary to the board (ie CEO).
The CEO can't also single handedly fire you but would have to ask the chairman to call a board meeting where your case would be discussed and the board's decision communicated to you. This system ensures transparency in recruitment in the public service.
FYI, the CEO is also recruited by the same board which normally forwards 3 names of top candidates to the minister/cabinet secretary for consideration whereby he picks one. The chairmen of the board are appointed by the president in a gazette notice while board members are appointed by the minister.
And you don't need to bribe anyone to get the job, infact canvassing may lead to automatic disqualification since board members can get very angry when someone tries to influence their decision.

hei, the pay and other perks must then be humongous if you are call the sale price of 300k, peanuts!

Without proper lobbying and bribery forget it!!!!!!!!!!!!!!!

Thanks for the info...You seem to be very informed coz I was wondering about this issue of bribery being fronted. How would someone even approach a whole director(that you don't even know) with a bribe. Plus I don't believe in corruption. I would rather not get it if I had to bribe my way in.

Those who were asking for kick backs must have been conmen. There are some rogue employees who when they know their parastatal is recruiting, they pretend that they can influence the process to help someone, and that way they make some money from desperate candidates.
When i was working for a parastatal yrs back, i got the rare privilege of being in the short listing/recruitment committee, where we would go through hundreds of applications and would pick the best candidates, whose names we would forward to the CEO for the first interview. And only those candidates who we shortlisted and ranked on the basis of qualifications, work experience, age etc were called for interview. The CEO never asked us to include any new names on our list. And i never saw anyone ever employed who was never on our initial shortlist. It was very professional.

There are so many lies and innuendos being said regarding govt. From my experience having worked there for some time, most of these negative things said about gov't are untruths from an ignorant public. Over 30 of my former campus classmates at 'The' and i never bribed anyone to get govt jobs. We saw adverts in the Friday Daily Nation, we applied, we got called to interviews, and were recruited (unless things have changed in past 5yrs when i resigned from govt). Later, when i was in the recruitment/shortlisting committee in a parastatal we never received or asked for even a single cent from candidates (infact we would have been fired on the spot if we did that), rather it's their university transcripts that spoke for them. So don't get afraid of applying for a govt job eti coz you don't have a god father.

Nope! The job adverts would be placed in the nation and standard as per regulations and hundreds of qualified candidates would apply. We ranked the candidates based on their qualifications, thus only first class and upper second were considered. Then we picked the top 15 to appear in the 1st interview, whereby 5 were interviewed from 8-10am, the next 5 from 10-1pm and the other 5 from 2-4pm. Then the 5 or 7 best from the 1st interview would appear before the board and the best would be selected and appointed. At no point was the candidate's tribe considered nor did the CEO direct that some candidates be included on the list.
And FYI i wasn't a junior officer coz several times i sat in the 1st interview committee.......and also hammered the candidates with questions.

What is being said above is true. But its also true there is rampant nepotism. In some parastatals i know, relatives are picked on contract say of 6 mo, and the contracts are continuously renewed for like 3yrs, then internal advertisements are done and these relatives are absorbed.
But there is also fairness in some areas and specializations. If a parastatal needs a doc/DBA or lawyer, it may be possible that among relas of senior managers/directors no one has such qualifications and adverts will be done as earlier mentioned. This kinda kupita katikati.

True, nepotism is so rampant, but there are also those getting parastatal jobs fairly and competitively.