Salary Increase May 2024. South african employers are forecast to increase pay by an average of 6.1% in 2024 in an attempt to attract and retain staff amid high inflation and a challenging. Those who will see a higher rise in their pay, in absolute terms, will be grade i artisans, cashiers, drivers of heavy commercial vehicles.
The agreement prescribes wage increases to be calculated on the scheduled or gazetted minimum rates of pay per grade over the next three years. South african employers are forecast to increase pay by an average of 6.1% in 2024 in an attempt to attract and retain staff amid high inflation and a challenging.