What is highest paying job in South Africa?

Asked by: Miss Carlie Grimes III  |  Last update: July 27, 2023
Score: 4.5/5 (29 votes)

What Is the #1 Highest-Paid Position in South Africa?
  1. Specialist Doctor. Average Annual Salary: 1,600,000 ZAR Per Year.
  2. Actuarial Scientist. Average Annual Salary: 920,000 ZAR Per Year. ...
  3. Judge. ...
  4. Chief Financial Officer. ...
  5. Architect. ...
  6. Chartered Accountant. ...
  7. Petroleum Engineer. ...
  8. Software Engineer. ...

What career is in demand in South Africa?

South Africa has a growing economy with numerous job opportunities across various sectors. However, some careers have a higher demand in the job market than others. The careers with the most job opportunities in South Africa include information technology, healthcare, finance, engineering, and education.

What salary is a good salary in South Africa?

Average Wages in South Africa increased to 26032 ZAR/Month (1363.319 USD/Month) in the forth quarter of 2022. The maximum rate of average wage for employees was 23133 ZAR/Month and minimum was 6742 ZAR/Month.

Are salaries high in South Africa?

The national average monthly salary in South Africa ranges from a minimum wage of 7,880 ZAR per month (USD 405) to a maximum average salary of 139,000 ZAR per month (USD 7,148.) However, the actual maximum salary can be higher based on an employee's experience, educational qualification, etc.

What is the average salary in South Africa?

Stats SA has published its quarterly employment survey (QES) for the first quarter of the year ending March 2023. According to the data, the average salary in South Africa is now R25,304 a month, down 2.7% from the previous quarter, where it was R26,002, and up 6.8% from the first quarter of 2022 at R23,697.

THE HIGHEST PAYING JOBS IN SOUTH AFRICA IN 2022 🇿🇦 | Rorisang Mabogoane | South African YouTuber

23 related questions found

How much do you need to live comfortably in South Africa?

Numbeo estimates that a family of four would need R30,775 per month, excluding rent, while a single person would need around R8,875. Below is a breakdown of how much it costs to live in the largest South African cities compared to other major cities around the world.

Is 50k a month good in South Africa?

A breakdown of the respondents' pay package showed that 45% earn from R50 000 to R75 000; 24% earn from R75 001 to R100 000, while 31% earn more than R100 000. Asanda Thondlana wrote to Fin24 saying that gross income of R50 000 constitutes as wealthy, considering the average pay in the country.

What is the average rent in South Africa?

The average monthly rent of residential properties increased across all provinces in South Africa in 2021, except for the Free State and Gauteng. In the final quarter of the year, the national average rent stood at approximately 7,900 South African rands.

What is the minimum wage in South Africa in dollars?

The minimum hourly wage in South Africa reached 25.42 South African rand (1.39 U.S. dollars) in 2023. Compared to the previous year, this was an increase from 23.19 South African rand (1.27 U.S. dollars) per hour.

What is the average salary in Africa in USD?

The average monthly salary in Africa is approximately 769 USD (US dollar), as per the exchange rates in April 2023. This is about 10 times lower than in the USA and UK with average salaries of 7,900 USD and 7,795 USD respectively. However, the average salary in Africa varies greatly from country to country.

What is the middle class salary in South Africa?

The latest figures from the statistics agency's quarterly employment survey showed a 2.7% decrease from the final quarter of 2022, which was roughly R26,000. The new average salary is, however, 6.8% up from the first quarter of 2022 R23,697. Multiple sources regard an income of just above R20,000 as middle class.

What is a fair salary South Africa?

According to the data, the average salary in South Africa is now R26,032 a month, up 4.5% from the previous quarter, where it was R24,813, and up 9.2% from the fourth quarter of 2021 at R23,828.

What is the hourly wage in South Africa?

The Department of Employment and Labour has also published the new National Minimum Wage for South Africa. The minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of approximately 9,6%), with effect 1 March 2023.

What are the top 5 jobs in South Africa?

Jobs & Careers in demand in South Africa
  1. Software Engineer. These professionals are responsible for designing and implementing software solutions. ...
  2. Network Administrator. ...
  3. Data Scientist. ...
  4. Health and Safety Manager. ...
  5. Accountants. ...
  6. Agricultural Engineer. ...
  7. Lawyer. ...
  8. Business Consultant.

Is it easy to get a job in South Africa?

It might not be easy to find jobs in South Africa for foreigners, but it is certainly not impossible to land your dream expat job in South Africa. There are a lot of in-demand professions, so if you have the right skills, you may find the perfect fit.

What jobs are scarce in South Africa?

According to research, job sectors within South Africa that are affected the most by skills shortages are:
  • Arts and Media.
  • Business and Management.
  • Design.
  • Engineering.
  • Financial Sectors.
  • Information Technology.
  • Marketing.
  • Medical and Health.

What are the working hours in South Africa?

The maximum normal working time allowed (section 9 BCEA) is 45 hours weekly. This is 9 hours per day (excluding lunch break) if the employee works a five-day week, and 8 hours per day (excluding lunch break) if the employee works more than 5 days per week.

What is the unemployment rate in South Africa?

South Africa's unemployment rate in the first quarter of 2023 was recorded at 32,9 %, and is among the highest in the world. According to the Quarterly Labour Force Survey (QLFS), this is an increase of 0,2 of a percentage point compared to the fourth quarter of 2022.

What is the minimum wage for a waiter in South Africa?

A Waiter/Waitress with 0 to 2 years of experience earns R5,170.00 per month on average. The lowest monthly wage available in this category is R3,000.00. Waiters/Waitresses with 0 years of experience earn this salary. The highest salary that can be earned in this category is R6,350.00 per month.

Is it cheaper to live in South Africa than the US?

Cost of living in South Africa

Overall, South Africa is about 50% cheaper than the US, which is a massive boon for your wallet.

How to move to South Africa from USA?

To move to South Africa, you must hold a long-term visa to enter the country. You can choose which visa to apply for depending on the reason you want to move there. To stay longer than three months, you must apply for a temporary residence permit upon entering the country.

How much is a normal house in South Africa?

The most recent data from the Oobarometer said that the average house price in South Africa was R1,422,992 for Q4 2022. This mark only shows 1.5% growth from Q3 2022 and 2.4% YoY growth from Q4 2021.

How much money do you need to live comfortably in Cape Town?

The average monthly cost of living in Cape Town South Africa is $800 For the Local Natives. Expats and Digital Nomads will spend more to keep up with their living standards of around $1200 to $1800 per month while Living in Cape Town.

What salary do you need to live comfortably in Cape Town?

Average Income for Capetonians

An entry-level position in Cape Town will fetch around R31,000 per month while a senior role could secure you more than R420,000 per month.