Employers and employees alike are always interested in the latest salary trends and how they affect the marketplace. In this blog post we look at the latest reports on salaries in South Africa and where you can expect to earn the most.
In the past, if you wanted to earn a top salary, you would head to Johannesburg, South Africa’s financial centre. However, a recent report1 highlights that the city is no longer holding the title for ‘top-paying city’. Instead, Cape Town is outperforming Johannesburg with average salaries of R374 173 per annum which is R14 888 more than Johannesburg which has an average of R359 285. Gauteng’s provincial salaries also fell short of the Cape Town average.
While Johannesburg might hold the title of being South Africa’s financial centre, Cape Town is the country’s biggest tech hub, employing over 40 000 people – double the amount of people employed in tech in Johannesburg!
A 2019 salary report on the average salaries across South Africa’s top industries, which analysed over more than 100 000 job listings, showed that salaries have only increased by 7% since 2018, which is line with international trends as predicted by the American company PayScale.
Sectors2 that only showed a 5% increase were marketing, finance and construction, while those that showed between a 5% and 10% increase were engineering, admin and sales. The sector with wage increases over 10% was IT. In the IT sector, candidates with skills in development are highly prized and are earning increases of 15% more than they did in 2018.
Candidates with the right skills in software and IT development, industrial, civil and structural engineers, financial analysis and project management can expect to continue to command high salaries.
Profession Average salary
Php Developer R433,981
Financial Accountant R476,759
Sales Manager R489,332
General Manager R495,191
Web Developer R496,915
Net Developer R509,432
Quantity Surveyor R538,734
Software Developer R540,949
Business analyst R569,589
Java Developer R582 218
Engineer R590, 053
Civil Engineer R639,102
Project Manager R643,030
At GG Recruitment we believe that specialist skills deserve to be remunerated at market-related prices. GG Recruitment has over 20 years of experience recruiting in the financial, IT and management sectors. We offer specialised placement solutions to both companies and candidates and identify and develop the best talent in these niche market segments. For more information about our specialist placement solutions, contact us today.