While the country faced rising fuel prices and power cuts, South African members of parliament prepared to accept a salary increase. But do they really not earn anywhere higher than those of similar developing countries, as a spokesperson claimed?
We said earlier that, as of June 2022,R1,172,071 per year. For the purposes of comparison, we will use the older salary data, to more accurately compare it to the salaries on record for other countries.
Of course, GDP and population size are not the only considerations. The remuneration commission, in its 2019 annual report,that Brazil, Germany and Russia make particularly good countries for benchmarking salaries in the South African judicial sector, in part because they were, “countries with similar governance systems and judiciary reforms” and because of “other factors like ”.asked what other countries the commission considered appropriate for benchmarking salaries of public office bearers.
Purchasing power parity is a measure of how much different currencies are able to purchase. It is calculated based on the price of several basic goods in each country.
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