Companies in Joburg are trying to attract skills with bigger salaries and ‘sweeteners’

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Anecdotal evidence suggests that some financial services companies in Johannesburg are offering stronger salaries, and throwing in sweeteners to entice skilled workers back to the city, and offset the semigration trend in South Africa in recent years.

R46,439 – R55,394

However, flexibility has become non-negiotiable for many skilled employees, making negotiations tricky. “As a result, we’re seeing some companies attempt to be creative with their compensation policies; in some cases, Johannesburg-based companies may offer larger salaries and additional incentives to attract Cape Town-based professionals.”Paying the difference in market value and the ultimate sale price of Cape Town property to incentivise a quick move.

 

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