{"id":367970,"date":"2020-01-23T17:00:38","date_gmt":"2020-01-23T15:00:38","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=367970"},"modified":"2020-01-23T16:52:49","modified_gmt":"2020-01-23T14:52:49","slug":"30-top-jobs-in-south-africa-that-pay-more-than-r2-million-a-year","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/367970\/30-top-jobs-in-south-africa-that-pay-more-than-r2-million-a-year\/","title":{"rendered":"30 top jobs in South Africa that pay more than R2 million a year"},"content":{"rendered":"

Specialist recruitment firm, Michael Page, published its latest salary guide for 2020, showing what recruiters are seeing on offer in terms of salaries for top professionals in the country.<\/p>\n

The survey shows what skilled professionals in 185 different jobs in South Africa can expect to earn in 2020 across a wide variety of sectors.<\/p>\n

The group said it has\u00a0seen a decline in demand across most industries within South Africa, with certain industries feeling the impact more than others.<\/p>\n

“Companies are looking for ways to increase output and productivity, while at the same time cutting costs,\u201d the group said.<\/p>\n

The country is also facing a brain drain of highly skilled labour who are opting to emigrate, the group noted, saying that this is creating a talent gap in the market, further contributing to the challenges of investing in the economy.<\/p>\n

Because skills, especially professional skills, are in high demand because of this gap in the market, some sectors are willing to pay very high salaries to find the right people.<\/p>\n

The group\u2019s data for its salary benchmark is derived from the group\u2019s proprietary database, capturing job advertisements and placements throughout 2019.<\/p>\n

It is also supplemented with data and insights from other studies such as quarterly job market surveys, and insights from interactions with clients and candidates.<\/p>\n

Top Earners<\/strong><\/p>\n

The top earners \u2013 according to Michael Page\u2019s data \u2013 are Group\/Regional CFOs at finance companies who can expect to earn up to R5 million a year, with the average salary at R4 million a year.<\/p>\n

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

The legal profession is also a stand-out with partners at international firms earning up to R5 million a year, while partners at top South African law firms can earn upwards of R4 million a year, and partners at boutique firms can pull up to R3 million.<\/p>\n

In-house general counsel positions can also earn up to R3 million a year, while those working as head of compliance can earn up to R2.4 million a year.<\/p>\n

Other top-paying positions can be found working in supply chain, where a VP can earn as much as R3.8 million a year, as well as in human resources, where top salaries go as high as R3.2 million.<\/p>\n

It is important to note that while 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

\n
\n\n\n\n\n\n\n\n\n\n\n\n\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 (R ‘000)<\/th>\n<\/tr>\n
1<\/td>\nGroup\/Regional CFO<\/td>\nFinance & Accounting<\/td>\nR5 000<\/td>\n<\/tr>\n
2<\/td>\nPartner (International Law Firm)<\/td>\nLegal<\/td>\nR5 000<\/td>\n<\/tr>\n
3<\/td>\nPartner (Top SA law firm)<\/td>\nLegal<\/td>\nR4 000<\/td>\n<\/tr>\n
4<\/td>\nVP of Supply Chain<\/td>\nSupply Chain & Logistics<\/td>\nR3 800<\/td>\n<\/tr>\n
5<\/td>\nFinance Director<\/td>\nFinance & Accounting<\/td>\nR3 500<\/td>\n<\/tr>\n
6<\/td>\nVP HR \/ Chief HR Officer<\/td>\nHuman Resources<\/td>\nR3 200<\/td>\n<\/tr>\n
7<\/td>\nIn-house GC (General Counsel)<\/td>\nLegal<\/td>\nR3 000<\/td>\n<\/tr>\n
8<\/td>\nPartner (Boutique law firm)<\/td>\nLegal<\/td>\nR3 000<\/td>\n<\/tr>\n
9<\/td>\nSupply Chain\/Logistics Director<\/td>\nSupply Chain & Logistics<\/td>\nR2 800<\/td>\n<\/tr>\n
10<\/td>\nVP of Procurement<\/td>\nProcurement<\/td>\nR2 800<\/td>\n<\/tr>\n
11<\/td>\nGeneral Manager (B2B)<\/td>\nSales & Marketing<\/td>\nR2 800<\/td>\n<\/tr>\n
12<\/td>\nGeneral Manager (Sales and Marketing)<\/td>\nSales & Marketing<\/td>\nR2 600<\/td>\n<\/tr>\n
13<\/td>\nVP of Sales<\/td>\nSales & Marketing<\/td>\nR2 600<\/td>\n<\/tr>\n
14<\/td>\nChief Marketing Officer<\/td>\nSales & Marketing<\/td>\nR2 600<\/td>\n<\/tr>\n
15<\/td>\nChief Audit Officer<\/td>\nFinance & Accounting<\/td>\nR2 400<\/td>\n<\/tr>\n
16<\/td>\nHead of Compliance<\/td>\nLegal<\/td>\nR2 400<\/td>\n<\/tr>\n
17<\/td>\nHR Director<\/td>\nHuman Resources<\/td>\nR2 400<\/td>\n<\/tr>\n
18<\/td>\nManufacturing Director<\/td>\nEngineering & Manufacturing<\/td>\nR2 300<\/td>\n<\/tr>\n
19<\/td>\nTax Director<\/td>\nFinance & Accounting<\/td>\nR2 200<\/td>\n<\/tr>\n
20<\/td>\nHead of HR<\/td>\nHuman Resources<\/td>\nR2 200<\/td>\n<\/tr>\n
21<\/td>\nProcurement Director<\/td>\nProcurement<\/td>\nR2 200<\/td>\n<\/tr>\n
22<\/td>\nMarketing Director<\/td>\nSales & Marketing<\/td>\nR2 200<\/td>\n<\/tr>\n
23<\/td>\nCountry Manager<\/td>\nSales & Marketing<\/td>\nR2 200<\/td>\n<\/tr>\n
24<\/td>\nGroup Company Secretary<\/td>\nLegal<\/td>\nR2 100<\/td>\n<\/tr>\n
25<\/td>\nChief Information Officer<\/td>\nInformation Technology<\/td>\nR2 000<\/td>\n<\/tr>\n
26<\/td>\nIT Director<\/td>\nInformation Technology<\/td>\nR2 000<\/td>\n<\/tr>\n
27<\/td>\nIT Security Manager<\/td>\nInformation Technology<\/td>\nR2 000<\/td>\n<\/tr>\n
28<\/td>\nChief Enterprise Architect<\/td>\nInformation Technology<\/td>\nR2 000<\/td>\n<\/tr>\n
29<\/td>\nProject Director<\/td>\nEngineering & Manufacturing<\/td>\nR2 000<\/td>\n<\/tr>\n
30<\/td>\nHead of Sales \/ Sales Director (Consumer)<\/td>\nSales & Marketing<\/td>\nR2 000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n

Read: South African salaries in 2020: what professionals earn<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Specialist recruitment firm, Michael Page, published its latest salary guide for 2020, showing what recruiters are seeing on offer in terms of salaries for top professionals in the country.<\/p>\n","protected":false},"author":10,"featured_media":144519,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[],"class_list":["post-367970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/367970","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=367970"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/367970\/revisions"}],"predecessor-version":[{"id":367974,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/367970\/revisions\/367974"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/144519"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=367970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=367970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=367970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}