{"id":307088,"date":"2019-03-26T12:12:58","date_gmt":"2019-03-26T10:12:58","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=307088"},"modified":"2019-03-26T12:12:58","modified_gmt":"2019-03-26T10:12:58","slug":"this-is-the-average-salary-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/307088\/this-is-the-average-salary-in-south-africa\/","title":{"rendered":"This is the average salary in South Africa"},"content":{"rendered":"

StatsSA has published the latest Quarterly Employment Survey<\/a><\/strong> (QES) for Q4 2018, showing what workers are getting paid across the various sectors in the country.<\/p>\n

According to the data, the average monthly earnings paid to employees in the formal non-agricultural sector remained unchanged quarter to quarter, however annually it increased by 4.9%.<\/p>\n

The average worker gets paid R21,190 per month (down slightly from R21,192 recorded in August 2018), up from R20,193 in the same period in 2017.<\/p>\n

This equates to approximately R254,300 per year.<\/p>\n

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

Basic salary\/wages paid to employees increased by R5.02 billion (0.8%) from R625.25 billion in September 2018 to R630.26 billion in December 2018.<\/p>\n

The increase was mainly due to the increases in business services, trade, manufacturing, mining and quarrying, transport and electricity industries, StatsSA said.<\/p>\n

There was a decrease reported by the community services and construction industries.<\/p>\n

Bonus and overtime paid to employees increased by R34.9 billion (58.2%) from R60 billion in September 2018 to R94.9 billion in December 2018.<\/p>\n

The increase was mainly due to the increases in trade, community services, manufacturing, construction, business services, transport and electricity industries.<\/p>\n

Year-on-year, bonus and overtime increased by R10.2 billion 12.0%.<\/p>\n

The table below outlines how the average salary for employees is broken down by sector, including salary and bonuses paid out over the quarter.<\/p>\n

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

Employment data<\/strong><\/p>\n

Stats SA noted that employment increased by 134,000 or 1.5% year-on-year between December 2017 and December 2018.<\/p>\n

These increases were reported by: business services (88,000 or 4.3%), trade (45,000 or 2.3%), community services (17,000 or 0.7%), manufacturing industry (5,000 or 0.4%) and transport industry (5,000 or 1.1%).<\/p>\n

Part-time employment increased by 37,000 quarter-on-quarter, from 1,028,000 in September 2018 to 1,065,000 in December 2018.<\/p>\n

South Africa’s unemployment rate<\/a><\/strong> for the quarter, as recorded in the Quarterly Labour Force Survey published in February, was at 27.1%.<\/p>\n

\n

Read: Ramaphosa\u2019s salary vs other world leaders<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

StatsSA has published the latest Quarterly Employment Survey (QES) for Q4 2018, showing what workers are getting paid across the various sectors in the country.<\/p>\n","protected":false},"author":10,"featured_media":205318,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26],"class_list":["post-307088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/307088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=307088"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/307088\/revisions"}],"predecessor-version":[{"id":307130,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/307088\/revisions\/307130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/205318"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=307088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=307088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=307088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}