Why salary increases alone won’t retain talent.
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GUEST - Lindiwe Sebesho, Managing Director of Remchannel
Remchannel’s April 2025 Salary and Wage Survey indicates that employees in South Africa continue to face cost-of-living pressures, even though the Consumer Price Index (CPI) has decreased to around 3%, and companies have granted salary increases above the rate of inflation.
Lindiwe Sebesho, Managing Director of Remchannel, observes that although salary increases continue to exceed inflation at an average of 5.82%, the gap between the two is narrowing, as salary increases averaged 6.09% in the previous year. This trend suggests a more cautious approach by employers, who must also prioritise cost control amidst a constrained economic environment.
Remchannel’s April 2025 Salary and Wage Survey indicates that employees in South Africa continue to face cost-of-living pressures, even though the Consumer Price Index (CPI) has decreased to around 3%, and companies have granted salary increases above the rate of inflation.
Lindiwe Sebesho, Managing Director of Remchannel, observes that although salary increases continue to exceed inflation at an average of 5.82%, the gap between the two is narrowing, as salary increases averaged 6.09% in the previous year. This trend suggests a more cautious approach by employers, who must also prioritise cost control amidst a constrained economic environment.