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

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. <a href="http://www.kayafm.co.za">kaya fm</a>