{"id":302682,"date":"2019-03-02T18:30:09","date_gmt":"2019-03-02T16:30:09","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=302682"},"modified":"2019-03-01T15:21:52","modified_gmt":"2019-03-01T13:21:52","slug":"how-much-you-should-be-earning-in-your-20s-in-south-africa-2","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/302682\/how-much-you-should-be-earning-in-your-20s-in-south-africa-2\/","title":{"rendered":"How much you should be earning in your 20s in South Africa"},"content":{"rendered":"<p>Salary research group, PayScale, has updated its salary data for South Africa for 2019, showing what young South Africans can expect to earn within their first nine years of work.<\/p>\n<p>It is important to note that PayScale\u2019s salary data is determined by years of experience, and not by age specifically. However, it can be assumed that experience and age are closely aligned if most employees leave university at age 21.<\/p>\n<p>The salary data below also carries some caveats \u2013 primarily that it is an overall picture of <strong>median salaries, captured across all industries, for people who hold a bachelor\u2019s degree<\/strong>.<\/p>\n<p>Different career paths also \u201cpeak\u201d at different times:\u00a0economists at PayScale note that any career where the majority of training happens in school\u00a0or within the first few years of work, will likely not see much pay growth after that.<\/p>\n<p>According to PayScale\u2019s data for 2018, this is what South Africans in their 20s can expect to be paid (per annum) in their first nine or so years of work:<\/p>\n<ul>\n<li>Less than 1 year experience: <strong>R144,000<\/strong><\/li>\n<li>1 to 4 years experience: <strong>R210,000<\/strong><\/li>\n<li>5 to 9 years experience: <strong>R315,600<\/strong><\/li>\n<\/ul>\n<p>Looking at specific degree types, experience pays off for those in the sciences and engineering fields, while the arts tracks behind.<\/p>\n<p>The table below outlines how the median salaries across four major degree types differ:<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/20s-2019.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-302702\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/20s-2019.png\" alt=\"\" width=\"917\" height=\"226\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/20s-2019.png 1950w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/20s-2019-300x74.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/20s-2019-768x189.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/20s-2019-1024x252.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/20s-2019-1200x295.png 1200w\" sizes=\"auto, (max-width: 917px) 100vw, 917px\" \/><\/a><em>Payscale\u2019s salary data is based on reported information by over 270,000 South African employees with up to nine years working experience, updated as of February 2019. Figures represent the median salary.<\/em><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/finance\/289076\/the-cars-you-can-afford-to-buy-with-your-salary-in-south-africa\/\" rel=\"bookmark\">The cars you can afford to buy with your salary in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Salary research group, PayScale, has updated its salary data for South Africa for 2019, showing what young South Africans can expect to earn within their first nine years of working experience.<\/p>\n","protected":false},"author":10,"featured_media":236683,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26,4541],"class_list":["post-302682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline","tag-payscale"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/302682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=302682"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/302682\/revisions"}],"predecessor-version":[{"id":302858,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/302682\/revisions\/302858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/236683"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=302682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=302682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=302682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}