Employee Salary Surveys in South Africa

Employee salary surveys in South Africa can give you important insights and knowledge about the local job market, the expectancies of candidates and the salaries that other organisations are willing to pay for a specific set of skills and talents.

How to get information about employee salary surveys:

There are a number of remuneration consultancies that publish employee salary surveys each year. These surveys may focus on the national workforce covering all employee levels, or deal with specific employee markets. Examples include top executive salary surveys, information technology sector salary surveys, general staff salary surveys, country surveys and customised industry sector surveys and more. South African employee salary surveys are usually conducted either by management consultancies specialising in remuneration or other research institutions with an interest in compensation.

The type of information you can expect from salary surveys

Employee salary surveys in South Africa can give you comprehensive information regarding benefits, salaries and salary structures and incentives so that you can continue to attract, develop and retain the top talent in the market. The type of information you can expect from an employee salary survey would include:

Geographic differentiation in salaries: The salary that an employee can expect from a job in a busy economic hub, such as Gauteng or Cape Town, will be different from the salaries offered in smaller towns. A salary survey will give you a breakdown of the salaries offered for various jobs in different regions.
Salary structures: Not only does a salary survey give you a cost-to-company (CTC) figure for different jobs, but it will also show you how different leading companies are structuring their salaries to include benefits such as medical aid, provident funds, retirement packages etc.
Salary increase reports: Replacing staff can be an expensive exercise, which is why many organisations assess employee salary surveys in South Africa to determine what type of increases they should offer their employees.
Incentive and commission packages (performance-based remuneration) offered to employees who meet or exceed their performance targets
Commentaries on human resource policies covering areas such as employment equity, job evaluation and grading, benefit policies and conditions of employment.