Average salary in SA is R6400 per month, but 70% of workers earn less

People with tertiary qualifications earn, on average, 70% more than people without tertiary qualifications…

Anish Shivdasani, CEO - Giraffe

The average salary for those in South Africa lucky enough to have a job is not enough to get by on.

About 29% of workers earn less than the R3500 national minimum wage, according to recruitment platform Giraffe.

Of those who earn above the legal threshold, the average was R6400.

In South Africa, a “living wage income” – the amount required for a dignified quality of life – is estimated at R6570 per month.

About 70% of the working population earns less than that.

Retail is South Africa’s largest but most exploitive employer.

IT and Banking, the smallest employers, have the highest pay.

The Money Show’s Bruce Whitfield interviewed Anish Shivdasani, CEO at Giraffe.

Listen to the interview in the audio below (and scroll down for more quotes from it).

We’ve got close to a million people [on the Giraffe platform] …

Anish Shivdasani, CEO - Giraffe

Once upon a time, the economy was growing much faster…

Anish Shivdasani, CEO - Giraffe

Averages are dangerous things…

Anish Shivdasani, CEO - Giraffe

It’s illegal to pay below [the minimum wage] … the reality is, lots of people are being paid below that amount…

Anish Shivdasani, CEO - Giraffe

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This article first appeared on 702 : Average salary in SA is R6400 per month, but 70% of workers earn less


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