Average Salary Increase In South Africa 2024

Average Salary Increase In South Africa 2024. Understand the impact of your pay raise on your annual and monthly earnings. Although this was a 0.1% decrease from.

Businesstech reports that south african employers foresee average salary increases of 6.1% in 2024, according to new research by consultancy wtw in its most recent salary budget planning report. Salary hikes are expected to average 6.9% in 2024, while inflation will likely average 5.0%, giving a 1.9% real increase.