South African businesses are increasing their budgets to make room for higher pay - while inflation is expected to keep coming down.
As a new year dawns, employees can be happy to learn that their salary might take a turn.
South African employers are planning to increase their budgets for pay rises by an average of 6.2% in 2023 as they struggle with a challenging labour market and staff expectations around inflation, according to research by global advisory firm, WTW
© 2022, Instive. All rights reserved
