A review of labour markets in South Africa: wage trends and dynamics in South Africa

OUTPUT TYPE: Research report- client
PUBLICATION YEAR: 2005
TITLE AUTHOR(S): M.Altman
KEYWORDS: LABOUR MARKET, WAGES
DEPARTMENT: Economic Perfomance and Development (EPD)
Intranet: HSRC Library: shelf number 3624

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Abstract

Wage formation is a highly sensitive affair. It lies at the heart of a power play between workers and employers, who are always jockeying for position. Wages play an important role in the broader economy from both efficiency and equity perspectives. As part of a broader labour market review, this paper considers the state of knowledge on wage determination in South Africa (SA).