Average Salary Increase In South Africa 2024

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Average Salary Increase In South Africa 2024. According to stats sa, inflation is currently 4.4%, so an increase of, say, 6% results in a real salary increase of 1.6%. This is according to dr mark bussin, master reward.


Average Salary Increase In South Africa 2024

The country’s working class can look forward to an average salary increase of 6% in 2024/2025. Johannesburg, august 11, 2023 — employers in south africa are planning to increase their budgets for pay by 6.1% in 2024 as they try to attract and retain staff amidst ongoing inflation.

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