{"id":129980,"date":"2016-07-13T19:30:45","date_gmt":"2016-07-13T17:30:45","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=129980"},"modified":"2016-07-17T09:38:10","modified_gmt":"2016-07-17T07:38:10","slug":"shocking-difference-in-pay-between-black-and-white-professionals-in-sa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/129980\/shocking-difference-in-pay-between-black-and-white-professionals-in-sa\/","title":{"rendered":"Shocking pay difference between black and white professionals in South Africa"},"content":{"rendered":"

New data shows a massive difference between the median pay of black and white professionals in South Africa.<\/p>\n

Analytico<\/a>, a data and earnings analytic consultancy, conducted a comparative earnings analysis of genders across different races to indicate any major discrepancies, using the Analytico Salary Analysis ModelTM.<\/p>\n

Its findings were based on 692,704 individuals.<\/p>\n

Professionals are classified as occupations which requires a high level of professional knowledge, skills and experience.<\/p>\n

The research found that white male professionals out earn their female counterparts by as much as 42% on the median earnings, while black female professionals out earn their male counterparts by 17%.<\/p>\n

White males working in the formal sector could expect to earn a median salary of R21,700<\/strong> per month, while white males working in the formal sector as professionals could expect to earn a median salary of R30,453<\/strong> per month.<\/p>\n

By contrast, black males working in the formal sector could expect to earn a median salary of R3,612<\/strong> per month, while professionals could expect to earn R9,244<\/strong> per month.<\/p>\n

White females working in the formal sector could expect to earn a median salary of R13,331<\/strong> per month, with professional females expecting to earn R17,700<\/strong>. For black females those figures dropped to R2,887<\/strong>, and R11,155<\/strong> respectively.<\/p>\n

Black females in the labour market have a greater probability of unemployment – at a rate of 13%, dropping to 6% for professionals.<\/p>\n

\"Monthly<\/a><\/p>\n

For black males the probability of unemployment was at 8% dropping to 7% for professionals, versus 4% for white males, and between 6% and 7% for white females.<\/p>\n

Analytico stressed that logic obviously dictates that not all individuals can receive the same salary however discrepancies in salaries may only be justified by the following factors:<\/p>\n