As of the fourth quarter of 2021, the aggregated bonus payments made to employees in South Africa reached over 85.6 billion South African rands (around 5.86 billion U.S. dollars). This was an increase from 48.8 billion South African rands (3.34 billion U.S. dollars) in the previous quarter. Bonus payments peaked in the last quarter of 2019 at 89.5 billion South African rands, and were higher during the last quarter of each year. Moreover, the gross earnings of employees in South Africa reached 827 billion South African rands in the last quarter of 2021.
Bonus payments of employees in South Africa from 1st quarter 2019 to 4th quarter 2021
(in million South African rands)
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Statistics South Africa. (March 31, 2022). Bonus payments of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1300482/quarterly-employee-bonus-payments-in-south-africa/
Statistics South Africa. "Bonus payments of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands)." Chart. March 31, 2022. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1300482/quarterly-employee-bonus-payments-in-south-africa/
Statistics South Africa. (2022). Bonus payments of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1300482/quarterly-employee-bonus-payments-in-south-africa/
Statistics South Africa. "Bonus Payments of Employees in South Africa from 1st Quarter 2019 to 4th Quarter 2021 (in Million South African Rands)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/1300482/quarterly-employee-bonus-payments-in-south-africa/
Statistics South Africa, Bonus payments of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands) Statista, https://www.statista.com/statistics/1300482/quarterly-employee-bonus-payments-in-south-africa/ (last visited January 06, 2025)
Bonus payments of employees in South Africa from 1st quarter 2019 to 4th quarter 2021 (in million South African rands) [Graph], Statistics South Africa, March 31, 2022. [Online]. Available: https://www.statista.com/statistics/1300482/quarterly-employee-bonus-payments-in-south-africa/
