{"id":325343,"date":"2019-07-07T11:00:49","date_gmt":"2019-07-07T09:00:49","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=325343"},"modified":"2019-07-05T16:44:51","modified_gmt":"2019-07-05T14:44:51","slug":"matric-vs-diploma-vs-degree-how-much-youre-likely-to-get-paid-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/325343\/matric-vs-diploma-vs-degree-how-much-youre-likely-to-get-paid-in-south-africa\/","title":{"rendered":"Matric vs diploma vs degree – how much you’re likely to get paid in South Africa"},"content":{"rendered":"

Jobs website Giraffe has published a report focusing on salaries in South Africa, including how your level of education influences what you are likely to get paid.<\/p>\n

The report is based on more than 131,000 Giraffe job applicants who registered since June 2018, with 64% of the applicants being female and 36% male.<\/p>\n

The applicants were typically between 18 to 35-year-olds (87%), while a combined 21% said that they had a diploma or university degree.<\/p>\n

Education level<\/strong><\/p>\n

Giraffe’s data shows that education is a major influencer of likely salary growth, with a wide gap growing between employees with a degree\/diploma versus those without.<\/p>\n

“In all instances, employees with degrees or diplomas earn more than employees without degrees or diplomas.<\/p>\n

“In fact, employees with tertiary qualifications (NQF Level 6 or 7 equivalent) will earn on average 72% more than colleagues without these qualifications,” it said.<\/p>\n

The below graph shows salary by industry, with and without tertiary education (ZARk\/month)<\/em><\/p>\n

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The report shows that senior employees (age 36+) with a degree\/diploma in IT and tech, construction, legal and HR are typically the best paid in the country.<\/p>\n

For those without a degree\/diploma, the\u00a0 IT and technology, banking, accounting and finance sectors offer the best salaries.<\/p>\n

However, the data shows that a\u00a0 diploma\/degree only makes a difference in certain jobs.\u00a0There is only 18% difference in salary between call centre agents with degree\/diploma and without tertiary qualifications.<\/p>\n

“This shows that these roles are highly accessible to employees without tertiary qualifications, and still pay above living wage,” Giraffe said.<\/p>\n

Industries with the highest differences in salary between degreed vs non-degreed employees are:<\/p>\n