{"id":778806,"date":"2024-06-25T17:00:00","date_gmt":"2024-06-25T15:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=778806"},"modified":"2024-06-25T15:59:05","modified_gmt":"2024-06-25T13:59:05","slug":"44-jobs-that-pay-more-than-the-r27000-average-salary-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/778806\/44-jobs-that-pay-more-than-the-r27000-average-salary-in-south-africa\/","title":{"rendered":"44 jobs that pay more than the R27,000 average salary in South Africa"},"content":{"rendered":"\n

Stats SA\u2019s latest quarterly employment survey (QES) shows that the average salary in South Africa\u2014for the formal, non-agricultural sector\u2014has dropped slightly since last quarter and is now sitting at R26,791 a month.<\/p>\n\n\n\n

The average at the end of March 2024 was 4.6% higher year on year, up from the R25,602 recorded in Q1 2023. However, this growth is lower than inflation\u2014averaging around 5%\u2014so the average declined in real terms.<\/p>\n\n\n\n

While the average salary has shrunk overall, numbers are up significantly in some sectors, with at least 44 jobs covered by the survey showing average earnings higher than the national figure.<\/p>\n\n\n\n

Stats SA\u2019s Quarterly Employment Survey (QES) data covers eight key industries or sectors in South Africa, which is split further into 20 sub-categories, mainly made up of various manufacturing sectors, as well as a split between government and non-government community and social services.<\/p>\n\n\n\n

The dataset covers earning estimates across over 90 job types in the formal, non-agricultural sector, indicating which job types or sectors draw the highest monthly earnings.<\/p>\n\n\n\n

Notably, of the 92 jobs covered by the survey, 44 job types pay higher than the national average of R26,791 per month \u2013 with the highest average being R90,659 per month for those working around financial intermediation in the business services sector.<\/p>\n\n\n\n

Other high-paying jobs include those in electricity, gas, steam, and water supply, insurance and pension funds, computer (IT), and related activities.<\/p>\n\n\n\n

The table below outlines all 44 jobs with an average salary higher than the national average of R26,791.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

The table below outlines average salaries across the 20 different job sectors in South Africa, based on the most recent earnings data as reported by Stats SA. <\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

The full list of all 92 jobs covered in the survey is embedded below or can be downloaded here<\/a><\/strong>. The industry segments are described as follows:<\/p>\n\n\n\n