Average Salary in South Africa 2024 : How much will the government raise?

Average Salary in South Africa 2024 – Statistics South Africa’s Employment Report for the last three months of 2023 shows changes in jobs and earnings. During this period, fewer job opportunities were available, and the number of people employed decreased by 194,000.

There was a decrease in job opportunities in sectors including community services, construction, business services, manufacturing, and mining, but an increase in jobs in retail, logistics, and energy.

As part of the report, people are also provided with information about their average monthly income, which is R26,894. In August 2023, this amount rose by 1.6% and 2.3% compared to the previous year. The cost of goods and services has also increased. In January 2024, goods cost 6.6%, and services cost 4.0%.

What is the Average Salary in These Conditions?

According to the exchange rate in April 2024, the average salary in South Africa is 31,100 ZAR (South African Rand) per month, which is equivalent to approximately USD 1665.07. An average salary of 374,000 ZAR or USD 20023.68 is earned annually in South Africa. Employees in the USA earn an average of $1,100 a week, which means they make about $4,400 to $4,500 a month.

On the other hand, workers in the UK earn an average monthly salary of £1,800 to £4,500. These figures show a 1,600% to 1,700% increase in average monthly income when compared with South African earnings. Workers in the UK earn an average monthly income 850% to 2,100% higher than South African workers.

Variations in salaries in South Africa

Median Salary

A median monthly salary of 27,100 ZAR indicates that half of the population earns less than this amount, while the other half earns more.

Salary Range

Salary ranges from 7,880 ZAR to 139,000 ZAR, though actual maximum salaries may be higher based on qualifications and experience.

Annual Salary Increase

There is an average 8% salary increase every 18 months for employees in South Africa, though it varies across industries and levels of experience.

Factors Affecting Salary in South Africa

An employee’s salary in South Africa is influenced by a number of factors, including their educational level, their job type, their work experience, and the sector in which they work (public versus private).

Experience

A new employee (less than 2 years old) starts with a base salary. Early career employees (2-5 years) receive a 32% increase, while mid-career professionals (5-10 years) receive a 36% increase. A modest increase of 21% is experienced by established individuals (10-20 years), and a 9% increase is received by veterans (over 20 years).

Education

Bachelor’s degree holders earn 24% more than diploma holders, Master’s degree holders earn 29% more than those with a Bachelor’s, and Doctorate holders earn 23% more than Master’s degree holders.

City

Depending on the city of employment, salaries differ significantly. In Bloemfontein, the annual average salary is 363,000 ZAR, followed by Cape Town (435,000 ZAR), Durban (415,000 ZAR), Johannesburg (400,000 ZAR), Port Elizabeth (377,000 ZAR), and Pretoria (393,000 ZAR).

Monthly Salary of Professions in South Africa

We’ve created a table to show how much different jobs pay each month in South Africa, so people can gain a better understanding of the job market and career options.

ProfessionAverage Monthly Salary (ZAR)
TeacherZAR 22,593
Mechanical EngineerZAR 29,375
Software Engineer & DeveloperZAR 52,375
Nurse (Govt & Private)ZAR 33,428 (Govt) & ZAR 49,011 (Private)
Cyber SecurityZAR 77,083
Civil EngineeringZAR 54,167
Actuarial ScienceZAR 44,100
Flight AttendantZAR 16,500
Chartered AccountantZAR 52,875
Department of Labour Salary Schedule Form UIFZAR 26,387 (Call Centre Rep) & ZAR 82,306 (Director)
Nehawu Salary Increase 2022/23 Update7 to 7.5 percent increase
LawyerZAR 57,500
Electrical EngineeringZAR 40,000
Data ScientistZAR 76,000
BoilermakerZAR 20,000
Medical DoctorZAR 60,001
PilotZAR 20,000
PharmacistZAR 45,000
Business AnalystZAR 57,293
NeurosurgeonZAR 108,759
ArchitectureZAR 100,000
Chemical EngineeringZAR 45,000
RadiographerZAR 40,000
Social WorkerZAR 19,477
PhysiotherapistZAR 57,400
PsychologistZAR 60,000
Project Manager & AssistantZAR 50,000 (Project Manager) & ZAR 22,769 (Assistant)
Occupational TherapistZAR 32,292
Traffic CopZAR 27,315
GeologistZAR 45,000
DentistZAR 35,000
Biomedical EngineeringZAR 37,500
Takealot DriverZAR 10,750
Computer ScienceZAR 25,001
Police (SAPS)ZAR 27,000
Fitter And TurnerZAR 25,833
AnesthesiologistsZAR 16,500
Correctional ServicesZAR 350,000
CardiologistZAR 206,149
Petrol AttendantZAR 15,500
HR ManagerZAR 40,000
Real Estate AgentZAR 36,000
Quantity SurveyorZAR 30,000
BiokineticistZAR 48,250
Safety OfficerZAR 23,929
Assistant TeacherZAR 16,800
Graphic DesignerZAR 17,500
Educare EmployeesZAR 5,281
SomatologyZAR 18,000
Financial Advisor, Manager & EconomistZAR 20,000, ZAR 40,000 & ZAR 222,000
Eskom CEOZAR 586,666
Public ManagementZAR 190,000
Health Promotion OfficerZAR 118,826
Operations ManagerZAR 46,804
SA Army Salary During TrainingZAR 12,397
AudiologistZAR 31,250
GynecologistZAR 16,250
Mining EngineeringZAR 37,500
Domestic WorkersZAR 14,300
ArtisanZAR 29,697
OptometristZAR 27,500
DermatologistZAR 187,830
Marine BiologistZAR 13,540
PhlebotomistZAR 27,500
FirefighterZAR 102,534
Investment BankerZAR 24,500
Supply Chain ManagementZAR 173,703
PediatricianZAR 15,000
Digital Marketing ManagerZAR 40,000
Fashion DesignerZAR 15,000
Chilton Elderly CareZAR 18,000
She RepZAR 35,001
SurgeonZAR 49,126

Average Salary in South Africa 2024 Conclusion

Average Salary in South Africa 2024 – In 2024, South Africa’s job market is expected to be complex. Retail, logistics, and energy are all expected to grow despite a general decrease in employment opportunities across several sectors. While living costs have increased, the average monthly salary remains at R31,100, reflecting a modest increase. The salaries of South Africans are significantly lower than those of Britain and the United States, highlighting a substantial income gap. Different professions and cities have different salaries based on factors such as experience, education, and location. In order to adapt and plan effectively, both employers and employees need to understand salary dynamics as South Africa navigates these economic conditions.

I am an up-and-coming tax attorney who is passionate about educating readers about tax planning and mitigation strategies. In Alon's articles, he provides practical advice and actionable tips to help individuals and businesses navigate the complexities of tax law.

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