The Swaziland survey of compensation and benefits has been published by Birches Group, with data effective April 1, 2012. The survey includes 13 employers.
Swaziland is a country experiencing an economic crisis. Linked strongly to neighboring South Africa, which provides 90% of imported goods and accepts 60% of Swaziland’s exports, a decline leading towards a predicted recession by 2013 is expected. Despite inflation over 6%, wages were flat over the 12 month period prior to the date of the survey. Swaziland has the highest incidence of HIV in the world, with approximately 25% of the adult population infected.
Highlights of the Survey Results
- A typical professional staff package is 564,880 Lilangeni (about 73,000 USD). Fixed allowances account for 9.5% of the total package, while in-kind benefits provide an additional 3.4%, and incentives, 2.6%.
- Average compensation for support staff is 203,923 Lilangeni (26,757 USD). Over-base compensation is comprised of 10.5% fixed allowances; 1.1% incentives; and 5.3% in-kind benefits.
- Private health insurance is compulsory, as are contributions to the Provident Fund (5% on the first 1,200 SZL monthly). Cash allowances include 13th month, housing allowance and transportation allowance. The most common in-kind benefits are food and beverages and recreational activities.
For More Information
If you need more details about our survey in Swaziland, or would like to purchase the survey report, please contact us.