
Christella Erasmus
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CHRISTELLE ERASMUS , MARKETING MANAGER AFRICAN UNITY LIFE.Financial literacy, is vitally important. Sadly a number of surveys have shown that this is an area in which South Africa does not perform as well as we should. To this end, the team at financial services provider African Unity has drawn up a handy step-by-step guide that explains everything you need to know about understanding your payslip.
They explain the differences between a wage and a salary, between a gross and nett salary, the types of deductions that can be made, as well what UIF and PAYE means on your payslip.
They explain the differences between a wage and a salary, between a gross and nett salary, the types of deductions that can be made, as well what UIF and PAYE means on your payslip.