Stephen Grootes speaks to Sasha Knott, CEO of Job Crystal, about the challenges small and medium-sized businesses face when hiring and paying for talent. Data from the platform suggests that around 80% of SMEs set salaries based mainly on internal budgets rather than market benchmarks, creating a mismatch between what employers offer and what candidates expect. Despite record average wages reported in recent labour data, many workers still feel underpaid, raising questions about salary transparency, benchmarking, and how SMEs can compete for skills in South Africa’s tight labour market.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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