{"id":808582,"date":"2025-01-26T15:00:00","date_gmt":"2025-01-26T13:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=808582"},"modified":"2025-01-24T18:18:31","modified_gmt":"2025-01-24T16:18:31","slug":"5-year-experience-jobs-in-south-africa-that-will-make-you-millionaire","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/808582\/5-year-experience-jobs-in-south-africa-that-will-make-you-millionaire\/","title":{"rendered":"&#8216;5 year experience&#8217; jobs in South Africa that will make you millionaire"},"content":{"rendered":"\n<p>The 2025 Robert Walters Salary Survey shows that most of the highest-paying professional jobs in South Africa are reserved for those with extensive work experience.<\/p>\n\n\n\n<p>But while 10 to 15 years of professional work experience is near-guaranteed to make you a top earner, there are a handful of positions that sit in the four to seven-year experience range that earn over R1 million per annum.<\/p>\n\n\n\n<p>A recent poll by BusinessTech found that the R1 million mark is what most people consider to be &#8216;rich&#8217; in South Africa.<\/p>\n\n\n\n<p>There are not many positions outside of senior roles or those in government that reach that kind of annual pay with only a few years of experience behind you.<\/p>\n\n\n\n<p>This is fairly evident in Robert Walters&#8217; data, where only eight jobs made the cut.<\/p>\n\n\n\n<p>For the jobs below, we specifically examined the 4-7 year experience range, with salaries starting at R1 million.<\/p>\n\n\n\n<p>These were:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><thead><tr><th>Job<\/th><th>Experience<\/th><th class=\"has-text-align-center\" data-align=\"center\">From<br>(R&#8217;000)<\/th><th class=\"has-text-align-center\" data-align=\"center\">To<br>(R&#8217;000)<\/th><\/tr><\/thead><tbody><tr><td>Chief Operating Officer<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1500<\/td><td class=\"has-text-align-center\" data-align=\"center\">2000<\/td><\/tr><tr><td>General Manager<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1400<\/td><td class=\"has-text-align-center\" data-align=\"center\">2000<\/td><\/tr><tr><td>Commercial Director<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1000<\/td><td class=\"has-text-align-center\" data-align=\"center\">1600<\/td><\/tr><tr><td>Group Treasury Manager<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1250<\/td><td class=\"has-text-align-center\" data-align=\"center\">1600<\/td><\/tr><tr><td>Group Tax Manager<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1000<\/td><td class=\"has-text-align-center\" data-align=\"center\">1600<\/td><\/tr><tr><td>CFO\/FD (SME)<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1200<\/td><td class=\"has-text-align-center\" data-align=\"center\">1500<\/td><\/tr><tr><td>Senior Legal Associate<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1000<\/td><td class=\"has-text-align-center\" data-align=\"center\">1500<\/td><\/tr><tr><td>Head of Finance<\/td><td>4-7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\">1100<\/td><td class=\"has-text-align-center\" data-align=\"center\">1400<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p>It must be noted that, while comprehensive, the salary data compiled by the survey does not include all sectors and positions in the country.<\/p>\n\n\n\n<p>The focus is mainly on professional positions, or &#8220;office jobs&#8221;, not counting jobs such as airline pilots, engineers, medical personnel and government officials, who also have significant earning potential.<\/p>\n\n\n\n<p>Members of parliament, for example, are some of the highest-paid individuals in the country, earning R1.27 million a year in 2024 (over R100,000 a month).<\/p>\n\n\n\n<p>There are no qualifications or work experience needed for the position at all, making it one of the most easily accessible ways of becoming a millionaire without them.<\/p>\n\n\n\n<p>The survey also does not include entrepreneurs or those who are otherwise self-employed, who also have the potential to make significant earnings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Starting salaries<\/h2>\n\n\n\n<p>Outside of this handful of positions with a starting salary range of R1 million for 4-7 years experience, most of the other professional positions for this experience group start between R500,000 and R950,000 per annum.<\/p>\n\n\n\n<p>For professionals starting out in their careers, starting salaries are quite humble\u2014relative to the earning potential professionals can reach with enough experience at least.<\/p>\n\n\n\n<p>BCom graduates, for example, starting out in the accounting and finance sector can expect to earn anywhere between R250,00 and R350,000 per year in their first three years.<\/p>\n\n\n\n<p>Even without specialising, this can become a salary of R900,000 to R1.1 million with over 10 years of experience behind them.<\/p>\n\n\n\n<p>However, specialising yields far higher salaries.<\/p>\n\n\n\n<p>Becoming a Chartered Accountant (CA), for instance, pushes a starting salary to R350,000-R450,000 for part-qualified candidates and R550,000-R750,000 for qualified CAs.<\/p>\n\n\n\n<p>Over time and with experience, salaries can hit as high as R1.6 million to R2.3 million a year after 10 years.<\/p>\n\n\n\n<p>Starting salaries vary greatly by sector, though.<\/p>\n\n\n\n<p>For human resources, lower-end salaries for 2 to 3 years of experience range between R120,000 and R372,000 per annum, while the legal fraternity&#8217;s range is higher, between R330,000 and R670,000, depending on the type of law firm.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Million-rand salaries are usually reserved for those who have over a decade of experience behind them\u2014but there are a few exceptions that halve the time.<\/p>\n","protected":false},"author":10,"featured_media":782047,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[12214,1439],"class_list":["post-808582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-robert-walters","tag-salaries"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808582","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=808582"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808582\/revisions"}],"predecessor-version":[{"id":808607,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808582\/revisions\/808607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/782047"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=808582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=808582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=808582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}