16 top jobs in South Africa that pay more than R2.5 million a year
Specialist recruitment firm, Michael Page, published its latest salary survey for the end of 2018.
The survey shows what skilled professionals in 164 different jobs in South Africa can expect to earn in 2019 across a wide variety of sectors.
While the majority of sectors remain under pressure, significant drivers for more positive development will come from the Banking & Financial Services, IT and Transportation sectors, the recruiter said.
Notably, these are also some of the sectors where you can also to earn some of the highest salaries.
Top Earners
The top earners – according to Michael Page’s data – are Group/Regional CFOs at finance companies who can expect to earn up to R6 million a year.
By comparison, finance directors in these companies can expect to earn up to R3.5 million a year.
The legal profession is also a stand-out with in-house General Counsel (GC) earning more than R5 million a year, while partners at top South African law firms can earn upwards of R4 million a year.
It is also important to note that while salary data is very comprehensive, it is primarily focused on professionals.
This means that certain sectors such as airline pilots, engineers, medical personnel and government officials do not feature in the report.
| # | Job name | Sector | Annual salary (R ‘000) |
|---|---|---|---|
| 1 | Group/Regional CFO | Finance & Accounting | R 6 000 |
| 2 | In-house GC (General Counsel) | Legal | R5 000 |
| 3 | Partner (International Law Firm) | Legal | R5 000 |
| 4 | Partner (Top SA law firm) | Legal | R4 000 |
| 5 | VP of Supply Chain | Supply Chain & Logistics | R 3 800 |
| 6 | Finance Director | Finance & Accounting | R3 500 |
| 7 | VP HR / Chief HR Officer | Human Resources | R3 200 |
| 8 | Partner (Boutique law firm) | Legal | R3 000 |
| 9 | Head of Compliance | Legal | R3 000 |
| 10 | Group Company Secretary | Legal | R2 800 |
| 11 | Tax Director | Finance & Accounting | R2 800 |
| 12 | Supply Chain/Logistics Director | Supply Chain & Logistics | R2 800 |
| 13 | VP of Procurement | Procurement | R2 800 |
| 14 | General Manager (Sales and Marketing) | Sales & Marketing | R2 800 |
| 15 | General Manager (B2B) | Sales & Marketing | R2 600 |
| 16 | VP of Sales | Sales & Marketing | R2 600 |
Read: The salaries that top finance and accounting professionals can expect to earn in 2019