About 78% of South Africa’s top executives indicate they would consider working abroad.
This is according to executive search firm Jack Hammer’s annual “Bonus, Salary and Business Confidence Survey”.
Senior execs and managers who took part in the survey reflect the racial and gender demographics of the country.
This is especially worrying considering the impact on transformation of a brain-drain of South Africa’s top black and female leaders.
The Money Show’s Bruce Whitfield interviewed Jack Hammer CEO Debbie Goodman-Bhyat.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
There’s been a massive increase… they’ve actually got destinations in mind…— Debbie Goodman-Bhyat, Jack Hammer
This [negative sentiment] is not an exclusive concern of white South Africans.— Debbie Goodman-Bhyat, Jack Hammer
We’re not seeing much of an inflow [of South Africans returning home].— Debbie Goodman-Bhyat, Jack Hammer
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.
The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.
Revenue collections are surprisingly good, so far, thanks to the VAT hike. Bruce Whitfield interviews PwC's Kyle Mandy.
Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.
Bruce Whitfield interviews John Oliphant, former Principal Executive Officer at the Government Employees Pension Fund.
Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.
Actress, Cancer survivor and activist Lillian Dube shares why she decided to be a cancer activist.
Gauteng residents are warned to brace themselves for another weekend of heavy rain, possible hail and damaging winds.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.
Azania Mosaka catches up with Sbahle Zwane's mother to hear about developments with his schooling.
IFP national spokesperson Mkhuleko Hlengwa says the party is calling for a review of these rates that are a cost to taxpayers.
Bruce Whitfield asks branding and advertising expert Andy Rice about a peculiar study that has creatives reaching for the tequila.