About 78% of South Africa’s top executives indicate they would consider working abroad.
This is according to executive search firm Jack Hammer’s annual “Bonus, Salary and Business Confidence Survey”.
Senior execs and managers who took part in the survey reflect the racial and gender demographics of the country.
This is especially worrying considering the impact on transformation of a brain-drain of South Africa’s top black and female leaders.
The Money Show’s Bruce Whitfield interviewed Jack Hammer CEO Debbie Goodman-Bhyat.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
There’s been a massive increase… they’ve actually got destinations in mind…— Debbie Goodman-Bhyat, Jack Hammer
This [negative sentiment] is not an exclusive concern of white South Africans.— Debbie Goodman-Bhyat, Jack Hammer
We’re not seeing much of an inflow [of South Africans returning home].— Debbie Goodman-Bhyat, Jack Hammer
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Bruce Whitfield interviews rapper Riky Rick about his attitude toward money (hopes and fears, successes and failures, etc.).
Small businesses – and their many employees – are facing a devastating winter thanks to Eskom, says the Small Business Institute.
The Money Show’s Bruce Whitfield interviews Henk Langenhoven, Chief Economist at Minerals Council South Africa.
It will be Europe’s largest internet firm, says Basil Sgourdos (Naspers), David Shapiro (Sasfin) and Nicky Newton-King (JSE).
More than 70% of lotto winners go broke, warns Warren Ingram, a personal financial advisor at Galileo Capital.
There are dangers, but you can save money and take control. Ray White interviews Francois Strydom (Momentum Securities).
The team has scooped fifty-nine medals - 35 gold, 12 silver and 12 bronze.
Agri SA’s Nicol Jansen, explains how SA's agricultural industry could benefit if more farms were allowed to go off the Eskom grid.
NG Kerk dominee Riaan de Villiers says he was told he is not allowed to call Muslims our brother and sisters, and children of God.
Independent consultant at the Thabo Mbeki Foundation Professor Barney Pityana blames political leadership for the moral decay.
Gift of the Givers continues to rescue desperate people of Mozambique who were clinging to trees after cyclone Idai hit the country.
An ambulance crew was held at gunpoint, assaulted and robbed of their belongings while on a call out in Khayelitsha.
MultiChoice will increase the prices of certain DStv packages from 1 April.