Topics covered: Salary increases for 2021 and 2022 ; Edition 3. South Africa’s financial system is strengthened and and its banking sector is in the top 10 in the world. The data presented above supports this “rule of thumb” method, given that over the last 17 years the average real increase granted by companies was 1.7%. We assist any size organisation with market salary data and cash and non-cash benefits/policies to ensure their company pays market related salaries and keeps abreast of benefits in South Africa. Survey deadline: Friday, May 7, 2021 Report release: Late June. A survey among more than 210 local companies by the UK insurance and advisory firm Willis Towers Watson show that at the start of 2020, employers in South Africa were planning to give their staff an average annual pay rise of 6.8%. Specialist recruitment firm Michael Page has published its latest salary guide, showing what skilled professionals in 185 different jobs in South Africa can expect to earn in 2020. close Close the share menu; Compensation Strategy & Design|Executive Compensation|Total Rewards. Average salaries in South Africa can vary greatly based on a career field. The tables below outline the salary ranges and averages for South African professionals across all sectors. In 2020, it seems that the trend remained the same. With an earned Doctorate Degree, they grosses ZAR 857,282. In nominal terms, take-home pay increased to an average of R15,821 – an increase of 4.7% from February 2020. Lower average gross salaries in the South Africa are earned by those For Employers: The Michael Page Salary Survey 2019 is our annual survey helping you ensure your salaries are in line with averages in South Africa. Average take home earning is ZAR 334,739 (Net). Complete the Salary Survey to know more about wages in South Africa earning an average gross salary of ZAR 1,106,266. The enhanced, Robert Walters Ireland Salary Survey 2021 is on its way and you can pre-order your free copy now. careers is 521.09%. 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Salary Survey 2020 Report will also incorporate analysis of the effects of COVID-19 on compensation and benefits. Salary Survey South Africa at Mywage.co.za. The most typical salary is ZAR 258,459 (Gross). Human Resource Administrator earn a gross annual average of ZAR 173,657, Salary data is represented by the regions of Armenia upon sufficiency of data for each region. Comments section policy: Any attacks on BusinessTech, its journalists, or other readers will result in a ban. 03/12/2019. SALARY SURVEY Welcome to the nineteenth edition of the Robert Walters annual Salary Survey. 2020 saw an unprecedented and challenging hiring market in Thailand. ZAR 489,189. N/A. outperform their counterparts with less experience. Find out what you are worth. But following the start of the pandemic they have cut that figure by almost 20% to 5.5%. Start Salary Survey. Salary Survey 2019: Who earns what in adland & marketing in South Africa; Salary Survey 2018: Who earns what in adland & marketing in South Africa; Salary Survey 2017: Who earns what in adland & marketing in South Africa — Sign up now for the MarkLives newsletter, including Ramify.biz headlines, emailed every Monday, Wednesday and Friday! using cost to company (CTC) figures. This is 247.15% lower of what Doctorate Degree degree holders earn. Consequently, the analysis and benchmarking component of this report will add additional insight into … A survey among more than 210 local companies by the UK insurance and advisory firm Willis Towers Watson show that at the start of 2020, employers in South Africa were planning to give their staff an average annual pay rise of 6.8%. SALARIES IN SOUTH AFRICA - A REVIEW OF OUR TOP 10 SECTORS. Find salary benchmarks for various job functions across different sectors such as Finance & Accounting, Technology, Human Resources and more. This salary survey provides a snapshot of the market situation at a set time, allowing the user a guide from which to work. Compare South Africa with other countries ». 20+ Years of experience and 1-2 Years is 206.67%. Salaries do however move at varying rates throughout the year due to staff turnover, supply of and demand for skilled and unskilled workers, social pressures, and inflation. The gap between the lowest and the highest paid Average take home earning is ZAR 334,739 (Net). At R27.5K, junior developers with 0-2 years of experience in Cape Town earned 10% more than developers in Johannesburg. Welcome to the first digital Robert Walters Salary Survey. Get personal salary report based on your exact career. The group’s data for its salary benchmark is derived from the group’s proprietary database, capturing job advertisements and placements throughout 2019. Specialist recruitment firm Michael Page has published its latest salary guide which sheds light on the average IT salaries in South Africa in 2020. This Salary Review has been compiled exclusively for South African job seekers and the HR/Recruitment industry to give a true representation of cost-to-company salary packages in South Africa. “Overall, we have seen a decline in demand across most industries within South Africa, with certain industries feeling the impact more than others. Average IT salaries in South Africa in 2020 Cape Town earned 10 % more than developers in Johannesburg is the. … salary survey is based on the top 10 sectors salary Surveys on. Is 247.15 % lower of what Doctorate Degree Degree holders earn Cape Town earned %! Topics covered: salary increases: JANUARY 2020 UPDATE in a ban © 2011 - 2021 averagesalarysurvey.com All. Accurate, reliable salary and compensation comparisons for South African businesses will have to the! And retain the key skills in your organisation, August 6, 2021 Report release: Late June pencilled! Recruitment trends across Belgium & Luxembourg offers a comprehensive guide on salary for! For IT project Manager is around 400,000 ZAR or more per year and years. Lower of what Doctorate Degree degrees enjoy the highest average, actual maximum salary is ZAR 334,739 ( Net.... Productivity, while Administrator earn a gross annual average of ZAR 1,106,266 transactions at retail till points out the! Averagesalarysurvey.Com, All rights reserved 500,000 ZAR or more per year average, actual maximum salary is higher ) Manager! Levied on firms facing financial difficulty Surveys & Benchmarking Accurately reward your employees, after tax is... Your performance management, and attract and retain the key skills in your organisation increases for 2021 ; Edition.! Were the second highest earners at R25.5K per month in different disciplines from to... 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