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Take Home Pay: Salaries To Lower-Paid Employees Sharply Decline

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South Africa’s nominal take-home pay increased by 8.1% year-on-year in August 2021, according to the BankservAfrica Take-home Pay Index (BTPI). In real terms, the increase was a more muted 3.2% – the fastest real increase since July 2020. The average nominal take-home pay as calculated via the BankservAfrica system was R15,125 in August. In real 2016 terms, the average take-home pay was R12,317.
29 Sep 2021 9AM English South Africa Business News · Investing

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