Insights

Understanding total remuneration

Two offers of the same cost to company can leave very different amounts in your bank account. Comparing them requires knowing what sits inside each number.

Questions that reveal the real offer

  • Is the figure basic salary, guaranteed package or total cost to company?
  • Does it include employer retirement and medical contributions?
  • Is a 13th cheque guaranteed or discretionary?
  • Are bonuses included in the quoted number?
  • Are statutory employer costs inside or outside the package?

Where the gap goes

Between cost to company and take-home sit employee contributions, PAYE and UIF. Benefit-heavy packages have lower cash but real value — see total remuneration and net pay.

Model it, don't guess

The Net Pay Simulator (NPS) converts a package into an expected net pay so offers can be compared on the same basis.

Frequently asked questions

Is a higher cost to company always better?

No. A package with a larger benefit component may deliver less cash while providing more long-term value. Compare both cost to company and expected net pay.

Should a bonus be included in cost to company?

Only if it is guaranteed. Discretionary bonuses should be quoted separately so the guaranteed portion is clear.

Why is my first payslip lower than expected?

Usually because the offer quoted cost to company rather than take-home, or because the first month was a partial period.

Compare offers on the same basis

Model any package into expected net pay with the Net Pay Simulator.

Explore NPS

Related services

Related topics

  • Total remuneration

    Total cost to company: how guaranteed pay, benefits and employer contributions add up.

  • Remuneration

    What remuneration means in South African payroll, tax and employment practice.

  • Net pay

    How take-home pay is derived from gross remuneration, deductions and tax.

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