CareerJunction\u2019s latest Industry Report highlighted the jobs which saw the steepest salary decline in South Africa right now \u2013 with monthly salaries declining by as much as 24% year-on-year.<\/p>\n\n\n\n
The report provides a detailed analysis of the current online job market in South Africa, with a focus on the supply and demand for different occupations. <\/p>\n\n\n\n
The data used in the report was collected from 5,000 major recruiters, agencies, and employers who advertise job vacancies on the CareerJunction portal. <\/p>\n\n\n\n
The latest Industry Report by the company indicates a significant 13% decrease in hiring in September 2023 compared to the previous year, with a 12% decrease in activity compared to July 2023. <\/p>\n\n\n\n
The decline in hiring activity is mainly due to a sharp drop in hiring for Admin, Office & Support professionals. However, despite the decline, some jobs are still in high demand in South Africa, such as Building & Construction, which has seen a 22% increase in demand compared to the previous year.<\/p>\n\n\n\n
Based on the advertised vacancies during the last 12 months in South Africa, the highest-paying sectors were Business & Management, Information Technology, and Architecture & Engineering. <\/p>\n\n\n\n
Executive Management or Director is currently the highest-paying position in the country, with a monthly salary ranging between R91,667 and R125,000. <\/p>\n\n\n\n
The second highest-paying position is that of a Technical or Business Architect, with a monthly salary ranging between R65,000 and R90,000. <\/p>\n\n\n\n
A Consultant Engineer holds the third position, with a median salary between R43,204 and R70,833 per month. <\/p>\n\n\n\n
The fourth and fifth positions are held by Mechanical and Civil or Structural Engineers, respectively, with monthly salaries ranging from R33,333 to R66,667 and R41,667 to R65,833.<\/p>\n\n\n\n
Jobs with the steepest year-on-year decline in salary<\/strong><\/p>\n\n\n\n As part of the report, when comparing salary offers of the highest-paying professions, CareerJunction noted a declining salary trend was evident in certain sectors \u2013 mostly driven by a decline in demand for certain skills as well as general talent availability.<\/p>\n\n\n\n According to the report, Electrical engineering saw the steepest drop in salary \u2013 declining 24% to around R30,000 to R50,000 per month. This was followed by IT Project Administration \/ Management in 2nd, with salary offers shrinking by 10% to R50,000 to R60,000.<\/p>\n\n\n\n Despite being the highest-paying position in the country, Executive Management \/ Director ranked 3rd, with a 7% drop in salary over the past 12 months. <\/p>\n\n\n\n The rest of the top five jobs that saw the steepest salary decline in South Africa, including those mentioned above, are given in the table below.<\/p>\n\n\n\n#<\/strong><\/th> Role<\/strong><\/th> Sector<\/strong><\/th> Monthly salary bracket<\/strong><\/th> % year-on-year change<\/th><\/tr><\/thead> 1<\/td> Electrical Engineer<\/td> Architecture & Engineering<\/td> R30 000 to R50 000<\/td> -24%<\/mark><\/td><\/tr> 2<\/td> IT Project Administer \/ Manager<\/td> Information Technology<\/td> R50 000 to R60 000<\/td> -10%<\/mark><\/td><\/tr> 3<\/td> Executive Manager \/ Director<\/td> Business & Management<\/td> R91 667 to R125 000<\/td> -7%<\/mark><\/td><\/tr> 4<\/td> Software Developer<\/td> Information Technology<\/td> R40 000 to R60 000<\/td> -6%<\/mark><\/td><\/tr> 5<\/td> Business Analyst<\/td> Information Technology<\/td> R41 667 to R60 000<\/td> -5%<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
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