Tag: René Richter

Building a business from an innovative concept into a resilient, market-leading enterprise is rarely a linear journey. Over the course of my career, from pioneering South Africa’s first online salary survey in 2000 to my subsequent corporate chapters through PwC and Old Mutual, I have learned that sustainable growth requires a fundamental shift in perspective.

South Africans are getting poorer as wage increases lag behind inflation as the "Great Resignation" trend continues to grip employers. South African employers expect to award wage increases of 4% to 6% in the next 12-month period, which is substantially below the current 7% inflation rate, denting employee disposable income and placing pressure on companies to find new ways to keep staff engaged and retain critical skills.