Average Salary Increase In South Africa 2024. Understand the impact of your pay. Salary hikes are expected to average 6.9% in 2024, while inflation will likely average 5.0%, giving a 1.9% real increase.

South african employers are forecast to increase pay by an average of 6.1% in 2024 in an attempt to attract and retain staff amid high inflation and a challenging labour market. Salaries range from 7,880 zar (lowest average) to 139,000 zar (highest average, actual maximum salary is higher).