SMD

Annual Report 2023/2024

Annual Financial Statements for the year ended 31 March 2024

Notes to the Annual Financial Statements

4.2.

Social contributions

Note

2023/24

2022/23

Employer contributions

R’000

R’000

Pension

14 440

12 005

Medical

4 429

3 635

Bargaining council

29

22

Total

18 898

15 662

Total compensation of employees

181 452

144 430

253

192

Average number of employees

Department of Small Business Development • FINANANCIAL INFORMATION • Part F

176