People in formal employment had on average R1 835 more in their take-home pay packets at the end of 2024 than they had at the end of 2023.
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BankservAfrica’s Take-home Pay Index (BTPI), which tracks the average nominal take-home pay of an estimated 4-million salary earners in South Africa, closed December 2024 on a high note, showing a continuation of the growth observed throughout the year. “The average take-home pay increased by 11,9% year-on-year to reach R17 202 in December 2024,” says Shergeran Naidoo, BankservAfrica’s […]
People in formal employment had on average R1 835 more in their take-home pay packets at the end of 2024 than they had at the end of 2023.
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