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Major shift for anyone earning a salary in South Africa | SA News

Staff Writer
 ·14 May 2026

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New data from Old Mutual shows that, while employers are still funding above-inflation salary increases in South Africa, they’re tightening benefits, shifting to performance-based support.

According to the group’s latest Remchannel Bi-Annual Salary and Wage Movements Survey, South African salary increases in 2026 have averaged around 5.43%.

This is far higher than the headline inflation rate of around 3% at the start of the year, and remains above the looming medium-term…

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