Table 6. Benefits received by South African wage workers by level of job formality (%).
Low | Medium | High | Total | |
Pension | 8.89% (1.70) | 69.55%*** (2.31) | 97.24%*** (0.79) | 47.74% (1.27) |
Receive end of year bonus | 9.96% (1.12) | 41.80%*** (2.58) | 74.21%*** (2.25) | 35.21% (1.22) |
Written contract | 39.28% (1.69) | 88.06%*** (1.57) | 93.17%*** (1.26) | 65.86% (1.19) |
Unemployment Insurance Fund | 37.10% (1.73) | 89.76%*** (1.50) | 89.62%*** (1.29) | 64.26% (1.18) |
Medical aid | 1.64% (0.56) | 18.32%*** (1.99) | 72.14%*** (2.32) | 24.87% (1.10) |
Note: The data are weighted. Standard errors in parenthesis. Differences from the low formality group are statistically significant at: ***P<0.01; **P<0.05; *P<0.10.
Source: Authors’ calculations from NIDS (2008).