MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » This is the average salary in South Africa right now

This is the average salary in South Africa right now

Stats SA has published its latest quarterly employment data for the third quarter of 2018 ending September.


According to its report, employment in South Africa decreased by 16,000 quarter-on-quarter, from 9.75 million in June 2018, to 9.73 million in September.

Year on year, employment figures were up by 0.2%, however, with the average monthly salary also up by 5% YoY, and 3.5% QoQ.

The average salary for South Africa’s workforce as at August 2018 is R20,860 a month, up from R20,163 in July 2018, and R19,865 in August 2017.  This is approximately R250,320 a year.

Across the various industries, those working in the electricity industry are the most well remunerated, while those in the trade industry draws the lowest average.

Employment by industry

Gross earnings by industry

The table below outlines salary changes across industries. StatsSA’s data covers the three month period between June 2018 and September 2018, so the data below shows the average over that period.



This article was sourced from BusinessTech; for the original article, click here.

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

Schools and neighbourhoods are thriving thanks to Petco’s drive to make recycling a way of life

A drive to persuade more South Africans to incorporate recycling into their daily routines – rather than only for observances like Global Recycling Day...

The DMN-WESTINGHOUSE plug diverter valve: The fastest way to efficiency

WHAT if speed isn’t just an advantage but the new standard in servicing? Every second counts – and downtime counts tenfold. As an established supplier...

MUST READ

Independent Energy Pool says wheeling electricity will depend on the ‘bankability’of...

By Larry Claasen THE reliability of metros as partners will be a key factor when it comes to the development of an energy market in...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.