Salary Increases for 2018 - A March Update

March 23, 2018

 

 

In our article published in October 2017, which forecast the South African salary increase for 2018 -http://www.axiomatic.co.za/news/salary-increases-for-2018/, we stated that the general market salary increase would be between 6.0% and 6.5%. However, we did caution that the final increase would depend to a large extent on the trajectory of inflation and the exchange rate over the final months of the