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The 15 skills that command the highest salaries in South Africa

The 15 skills that command the highest salaries in South Africa

An emerging trend, when it comes to global employment opportunities is the talent shortages and the war for talent in many of the leading world economies. With increasingly positive global economic activity and low unemployment rates, talent is one of the top concerns for CEOs of major corporations.

The changing landscape of top skills

One of the reasons that those seeking jobs battle to find a vacancy is that jobseekers’ skills don’t match employers’ needs. As new technologies emerge and affect different areas of industry, employers seek the people with the skills and experience that will enable them to gain a competitive advantage using the new technology. Added to this, businesses are often seeking people who have a combination
of skills that were previously not aligned, for example analysts with coding abilities. Organisations are also seeking people who are not just experts in their own field but have an understanding of technology, digital and data analytics.

The growing lack of “human” talent

A new study published called the “Global Talent Crunch” states that the biggest challenge facing businesses is not the rise of robots removing jobs from humans but the fact that by 2030 there will be a skills shortage of more than 85 million people! The study highlights that “the right talent is the greatest competitive advantage there is for an organisation – and that talent is getting scarcer every day…there already isn’t enough skilled talent to go around and by 2030, organisations and economies could find themselves in a grip of a talent crisis”

Dealing with the Fourth Industrial Revolution

The Fourth Industrial Revolution is characterised by fast-paced technological progress, combined with other socio-economic and demographic changes that will further transform the employment market. According to the World Economic Forum’s Future of Jobs study, the result could be a net loss of over 5 million jobs in 15 major developed and emerging economies – including South Africa. The study highlights that skill demands will change significantly over the next five years, pointing to the importance of ensuring skills are aligned with the employment market’s needs.

South Africa’s highest paying jobs

Data from Career Junction has revealed the skills being rewarded with the highest salaries in South Africa. The top paying jobs were found in the engineering sector with high paying positions also found in the finance and ICT sectors. The following is the list of the highest paying jobs in South Africa:

1. Civil/Structural Engineer
Average yearly salary: R843 612
2. Corporate Lender
Average yearly salary: R835 584
3. Technical and Business Architect
Average yearly salary: R798 696
4. Chartered Accountant
Average yearly salary: R790 080
5. Financial Manager
Average yearly salary: R783 864
6. Environmental Engineer
Average yearly salary: R779 328
7. Mechanical Engineer
Average yearly salary: R757 884
8. Hospital Manager
Average yearly salary: R734 340
9. General Practitioner
Average yearly salary: 731 976
10. Electrical Engineer
Average yearly salary: R730 368
11. IT Manager
Average yearly salary: R700 044
12. Financial Analyst
Average yearly salary: R671 724
13. Industrial Engineer
Average yearly salary: R670 104
14. Consulting Engineer
Average yearly salary: R640 428
15. Electronic Engineer
Average yearly salary: R634 548

How to attract top talent

Recruitment job sites can have their limitations when you are looking for specialist skill sets. At GG Recruitment we work closely with the companies we represent, helping them to identify the exact skills of the candidate they are looking for. We discuss this prior to advertising or contacting candidates and then only put forward the candidates we are confident will meet your needs. To learn more about our financial, specialist, management and executive recruitment solutions contact us today

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