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BB. Outlook: Stable. Foreign reserves. $63.633 billion (Sep 2024 est) [30] All values, unless otherwise stated, are in US dollars. The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [31][32][33] The economy is the most industrialised, technologically ...
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
Netherlands. €1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [171] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year. 24,925.
In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. [ a ] For rankings regarding wealth, see list of countries by wealth per adult . Method
Contents. Demographics of South Africa. According to the 2022 census, the population of South Africa is about 62 million people of diverse origins, cultures, languages, and religions. With a majority being Black Africans. [ 3 ] The South African National Census of 2022 was the most recent census held; the next will be in 2032. [ 4 ] In 2011 ...
Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
It is designed to maximize employee performance in service of an employer's strategic objectives. [1][need quotation to verify] Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. [2] HR departments are responsible for overseeing employee-benefits design ...
The union membership rate in South Africa is one of the highest in the world. [3] Furthermore, the risk of union conflict is a deterrent for foreign companies. [3] South Africa is receptive to foreign companies because they create jobs. [3] The unemployment rate in South Africa is approximately 30%. [3]