Stats SA has published the latest Quarterly Employment Survey results for the fourth quarter of the 2023/24 financial year.
Basic salaries and wages increased in the trade, business services, manufacturing, construction, transport, mining, and electricity industries, while they decreased substantially in community services. Employee bonuses jumped by R45 billion from R65.2 billion in September 2023 to R110.2 billion in December 2023 due to increases in the trade, manufacturing, community services, construction, transport, business services, and electricity industries.
Overtime paid to employees increased by R1.6 billion from R26.7 billion in September 2023 to R28.4 billion in December 2023.
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