{"id":305298,"date":"2019-03-18T18:00:45","date_gmt":"2019-03-18T16:00:45","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=305298"},"modified":"2019-03-18T17:06:44","modified_gmt":"2019-03-18T15:06:44","slug":"these-are-the-jobs-that-pay-the-best-salaries-in-south-africa-2","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/305298\/these-are-the-jobs-that-pay-the-best-salaries-in-south-africa-2\/","title":{"rendered":"These are the jobs that pay the best salaries in South Africa"},"content":{"rendered":"

Recruitment firm Robert Walters recently released its annual salary survey.<\/p>\n

According to the group, professional salaries across South Africa will increase by 7% on average in 2019. However, top performing professionals with highly sought-after skill sets can expect to see rises of 10-15%.<\/p>\n

This is in line with a separate report released by recruitment firm, Michael Page, at the end of 2018.<\/p>\n

Michael Page found that the majority of sectors remain under pressure,\u00a0 and that significant drivers for more positive development will come from the Banking & Financial Services, IT and Transportation sectors.<\/p>\n

Notably, these are also some of the sectors where you can also to earn some of the highest salaries.<\/p>\n

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.<\/p>\n

By comparison, finance directors in these companies can expect to earn up to R3.5 million a year.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nJob name<\/th>\nSector<\/th>\nAnnual salary<\/th>\n<\/tr>\n
1<\/td>\nGroup\/Regional CFO<\/td>\nFinance & Accounting<\/td>\nR 6 000 000<\/td>\n<\/tr>\n
2<\/td>\nIn-house GC (General Counsel)<\/td>\nLegal<\/td>\nR5 000 000<\/td>\n<\/tr>\n
3<\/td>\nPartner (International Law Firm)<\/td>\nLegal<\/td>\nR5 000 000<\/td>\n<\/tr>\n
4<\/td>\nPartner (Top SA law firm)<\/td>\nLegal<\/td>\nR4 000 000<\/td>\n<\/tr>\n
5<\/td>\nVP of Supply Chain<\/td>\nSupply Chain & Logistics<\/td>\nR3 800 000<\/td>\n<\/tr>\n
6<\/td>\nFinance Director<\/td>\nFinance & Accounting<\/td>\nR3 500 000<\/td>\n<\/tr>\n
7<\/td>\nVP HR \/ Chief HR Officer<\/td>\nHuman Resources<\/td>\nR3 200 000<\/td>\n<\/tr>\n
8<\/td>\nPartner (Boutique law firm)<\/td>\nLegal<\/td>\nR3 000 000<\/td>\n<\/tr>\n
9<\/td>\nHead of Compliance<\/td>\nLegal<\/td>\nR3 000 000<\/td>\n<\/tr>\n
10<\/td>\nGroup Company Secretary<\/td>\nLegal<\/td>\nR2 800 000<\/td>\n<\/tr>\n
11<\/td>\nTax Director<\/td>\nFinance & Accounting<\/td>\nR2 800 000<\/td>\n<\/tr>\n
12<\/td>\nSupply Chain\/Logistics Director<\/td>\nSupply Chain & Logistics<\/td>\nR2 800 000<\/td>\n<\/tr>\n
13<\/td>\nVP of Procurement<\/td>\nProcurement<\/td>\nR2 800 000<\/td>\n<\/tr>\n
14<\/td>\nGeneral Manager (Sales and Marketing)<\/td>\nSales & Marketing<\/td>\nR2 800 000<\/td>\n<\/tr>\n
15<\/td>\nGeneral Manager (B2B)<\/td>\nSales & Marketing<\/td>\nR2 600 000<\/td>\n<\/tr>\n
16<\/td>\nVP of Sales<\/td>\nSales & Marketing<\/td>\nR2 600 000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

A separate report from Robert Walters shows how much salaries are expected to increase for skilled professionals in the finance and legal industries.<\/p>\n

The group’s data shows that CFOs, financial directors, and tax managers are some of the best-paid jobs in these sectors.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nJob name<\/th>\nSector<\/th>\nAnnual salary<\/th>\n<\/tr>\n
1<\/td>\nChief Financial Officer (JSE Top 200)<\/td>\nAccounting<\/td>\nR3 200 000<\/td>\n<\/tr>\n
2<\/td>\nFinance Director (Large Firm)<\/td>\nAccounting<\/td>\nR3 000 000<\/td>\n<\/tr>\n
3<\/td>\nBusiness Unit CFO \u2013 Investment Banking<\/td>\nFinancial services<\/td>\nR2 500 000<\/td>\n<\/tr>\n
4<\/td>\nGroup Tax Manager<\/td>\nTaxation\/Treasury<\/td>\nR2 000 000<\/td>\n<\/tr>\n
5<\/td>\nDirector (private practice)<\/td>\nLaw<\/td>\nR2 000 000+<\/td>\n<\/tr>\n
6<\/td>\nCFO\/FD (SME)<\/td>\nAccounting<\/td>\nR2 000 000<\/td>\n<\/tr>\n
7<\/td>\nBusiness Unit CFO \u2013 Insurance<\/td>\nFinancial services<\/td>\nR2 000 000<\/td>\n<\/tr>\n
8<\/td>\nPartner\u00a0 (private practice)<\/td>\nLaw<\/td>\nR2 000 000<\/td>\n<\/tr>\n
9<\/td>\nBusiness Unit CFO \u2013 Retail Banking<\/td>\nFinancial services<\/td>\nR1 700 000<\/td>\n<\/tr>\n
10<\/td>\nGroup Treasury Manager<\/td>\nTaxation\/Treasury<\/td>\nR1 500 000<\/td>\n<\/tr>\n
11<\/td>\nIn-house legal advisor (10+ years\u2019 PQE)<\/td>\nLaw<\/td>\nR1 400 000+<\/td>\n<\/tr>\n
12<\/td>\nCA (SA) (+6 years\u2019 experience)<\/td>\nAccounting<\/td>\nR1 200 000<\/td>\n<\/tr>\n
13<\/td>\nCorporate Finance CA (3 \u2013 5 years\u2019 experience)<\/td>\nAccounting<\/td>\nR1 200 000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

It is important to note that while the above salary data is very comprehensive, it is primarily focused on professionals.<\/p>\n

This means that certain sectors such as airline pilots, engineers, medical personnel and government officials do not feature in the report.<\/p>\n

According to CareerJunction,\u00a0management\u00a0and\u00a0engineering\u00a0jobs are some of the consistently highest paying jobs in the country, with financial management coming out as the top-paying job with a broad salary range of R58,500 to R79,000 a month.<\/p>\n

These are some of the best-paid jobs, according to CareerJunction:<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nJob name<\/th>\nSector<\/th>\nAnnual salary<\/th>\n<\/tr>\n
1<\/td>\nFinancial Management<\/td>\nFinancial services<\/td>\nR948 024<\/td>\n<\/tr>\n
2<\/td>\nStructural Engineering<\/td>\nEngineering<\/td>\nR939 168<\/td>\n<\/tr>\n
3<\/td>\nPlant Management<\/td>\nIndustrial<\/td>\nR870 996<\/td>\n<\/tr>\n
4<\/td>\nCivil Engineering<\/td>\nEngineering<\/td>\nR849 912<\/td>\n<\/tr>\n
5<\/td>\nCorporate Lending<\/td>\nFinancial services<\/td>\nR842 616<\/td>\n<\/tr>\n
6<\/td>\nIT Management<\/td>\nIT<\/td>\nR793 692<\/td>\n<\/tr>\n
7<\/td>\nMechanical Engineering<\/td>\nEngineering<\/td>\nR715 044<\/td>\n<\/tr>\n
8<\/td>\nFinancial Analysis<\/td>\nFinancial services<\/td>\nR709 320<\/td>\n<\/tr>\n
9<\/td>\nIndustrial Engineering<\/td>\nEngineering<\/td>\nR690 876<\/td>\n<\/tr>\n
10<\/td>\nMarketing Management<\/td>\nSales & Marketing<\/td>\nR675 300<\/td>\n<\/tr>\n
11<\/td>\nTechnical and Business Architecture<\/td>\nArchitecture<\/td>\nR673 920<\/td>\n<\/tr>\n
12<\/td>\nElectronic Engineering<\/td>\nEngineering<\/td>\nR658 332<\/td>\n<\/tr>\n
13<\/td>\nBuilding Foreman<\/td>\nArchitecture<\/td>\nR657 504<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n

Read: 60 in-demand jobs in Australia that South Africans can apply for<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Data collected from a number of sources show which jobs pay the best salaries in South Africa.<\/p>\n","protected":false},"author":10,"featured_media":114834,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[26,12787,12214],"class_list":["post-305298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-headline","tag-michael-page","tag-robert-walters"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/305298","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=305298"}],"version-history":[{"count":14,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/305298\/revisions"}],"predecessor-version":[{"id":305950,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/305298\/revisions\/305950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/114834"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=305298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=305298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=305298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}