Employers offset above-inflation pay increases by cutting benefits
Hybrid working, guaranteed bonuses, and fully paid parental leave are less common, even though employees rate them highly.
salaries
Thursday briefing: a round-up of recent financial news
Real incomes down 4pp | Push to sanction non-disclosure of beneficial ownership | Cell captive plan for expensive medical treatment
Retirement funds and salaries are not a refuge from the taxman
Lump sums, monthly annuities and salaries are not off-limits to the long arm of the taxman. Taxpayers who have failed to pay their tax debts in full to the South African Revenue Service […]
Real take-home salaries down 3.1% in October
Average take-home pay in South Africa decreased by 3.1% in real terms in October, the steepest year-on-year decline since September 2019, according to the latest BankservAfrica Take-home Pay Index (BTPI). BankservAfrica said the […]
Real take-home salaries down 3.1% in October
Average take-home pay in South Africa decreased by 3.1% in real terms in October, the steepest year-on-year decline since September 2019, according to the latest BankservAfrica Take-home Pay Index (BTPI). BankservAfrica said the […]
People lucky enough to have a job can expect 5.5% salary rise in 2022
South African employers plan to give their staff an average annual pay rise of 5.5% in 2022, according to research by global advisory, broking and solutions company Willis Towers Watson. This is an […]
People lucky enough to have a job can expect 5.5% salary rise in 2022
South African employers plan to give their staff an average annual pay rise of 5.5% in 2022, according to research by global advisory, broking and solutions company Willis Towers Watson. This is an […]
