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economic environment in South Africa. One of the intents of the ‘just wage’ is to deliberately move away from the minimum wage legislative requirements to providing a living wage to our more than 20 000 store staff. Last year, we made a commitment to invest an additional R120 million over a three-year
fuel costs have led to a cost-of-living crisis – putting additional pressure on salary adjustments. South African employees’ guaranteed pay increases ranged from 5% to 6.5%. Applying our ‘Just Wage’ commitment, store staff’s hourly base rate was increased by 9.4%, significantly above that of management and the executive directors.
Data provided by the group shows that South Africa’s retail sector minimum wage as of 1 March 2021 was around R28.25 an hour. By comparison, Woolworths said that its base pay as of 1 April 2021 ...
Woolworths Holdings (Woolies) has hiked its hourly rate for its South African employees above the retail sector and the country’s minimum wage. In its remuneration report found in the Woolies ...
Sep 11, 2024 · Shoprite is the second worst offender, with its CEO Pieter Engelbrecht earning R64.6 million, while the internal minimum wage is R65,263. This creates a vertical pay gap of 991. Mr Price CEO Mark ...
Sep 20, 2024 · The average salary for Woolworths employees in South Africa is R367,862 in 2024. Visit PayScale to research Woolworths salaries, bonuses, reviews, benefits, and more!
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Oct 3, 2022 · WOOLWORTHS Holdings (Woolies) has hiked its hourly rate for its South African employees above the retail sector and the country’s minimum wage. In its remuneration report found in the Woolies’ 2022 integrated annual report released on Friday, the company said from April 1 its hourly rate was R36.55, 21% above the retail sector minimum wage and 57.6% above the South Africa minimum wage.
