BusinessTech reports that new data show a massive difference between the median pay of black and white professionals in South Africa.
Based on 692,704 individuals, Analytico, a data and earnings analytic consultancy, conducted a comparative earnings analysis across different races and by gender to indicate any major discrepancies. Professionals are classified as occupations which requires a high level of professional knowledge, skills and experience. White males working in the formal sector as professionals could expect to earn a median salary of R30,453 per month. By contrast, black males working in the formal sector as professionals could expect to earn R9,244 per month. The research also found that white male professionals out earn their female counterparts by as much as 42% on the median earnings, while black female professionals out earn their male counterparts by 17%.
- Read this report in full at BusinessTech
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