Average Salary in South Africa 2024

Discover the intricacies of salary dynamics in South Africa with this comprehensive article. Delve into various components such as the pay scale, wage gap, yearly increments, and breakdowns based on education level or years of experience. Gain valuable insights into the country's salary landscape, understanding the factors that influence income disparities and potential growth opportunities. Stay informed and empowered while navigating the complex world of salaries in South Africa.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in South Africa in 2024?

What is the average salary in South Africa in 2024?
15,500USD
(USD 1,300 monthly)
Low 7,000 USD
Average 15,500 USD
High 68,400 USD
In South Africa, the average salary is USD 15,500 per year. However, salaries can range from USD 7,000 (lowest average) to USD 68,400 (highest average, actual maximum salary is higher). Keep in mind that these salaries include housing, transport, and other benefits. Careers can have vastly different salary ranges. For specific job titles and their corresponding salaries, please refer below.
In comparison with average salary in South Africa in 2023, salaries changed by +0.5% so far. Looking ahead, economists project a gradual recovery in the job market. At the end of the year, we will be able to fully compare 2023 and 2024.

Pay Scale and Salaries in South Africa

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 68,400, 75% of the people earn USD 21,400 or less. 50% employees earn less USD 15,000 or less, 25% of the employees earn less than USD 11,300.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 68,400, 75% of the people earn USD 21,400 or less. 50% employees earn less USD 15,000 or less, 25% of the employees earn less than USD 11,300.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In South Africa the minimum salary is USD 7,000.

Median Salary

With half of the values above and half below it, the median salary in South Africa serves as the middle point of all salaries in a dataset. This measurement provides a more balanced representation of income distribution and is commonly utilized to determine average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In South Africa the salary ranges from USD 7,000 to USD 68,400.

Annual Salary Increments in South Africa

What is the average annual salary increment in the South Africa? How frequently do employees receive salary raises?

In 2024, employees based in South Africa witnessed an average salary increase of 0.5%. It's crucial to emphasize that this is an aggregate figure encompassing all job sectors. The worldwide average for 2024 is 0.5%.Download chartGet chart linkShare on FacebookShare on Twitter
During 2024, employees in South Africa witnessed an average salary growth of 0.5%. This represents an overall average across various job sectors. The worldwide average for 2024 is 0.5%.

Historical Graph of Annual Salary Increments in South Africa

Employees in South Africa received in recent years salary increase from 0.5% to 4.5% on average per year. It means 2.0% increment per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
On average, employees in South Africa experienced a salary increase ranging from 0.5% to 4.5% per year in recent years. This translates to an average increment of 2.0% per year.

Salary Forecast and Trends for the Future in South Africa

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 2.3%. Estimated range is between 1.2% and 3.5%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 2.3%. Estimated range is between 1.2% and 3.5%.

Gender Wage Gap in South Africa

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The actual wage gap in South Africa reaches 5.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In South Africa, the gender wage gap is 5.0%.
It's due to many factors, such as:
  • Bias towards a particular gender.
  • On average, women use 10% more paid vacation days per year compared to men.
  • Having a college degree is less common among women compared to men.
  • In the context of caregiving responsibilities for children and elderly relatives, women are more prone than men to take them on.
  • In comparison to men, women are more prone to working part-time, resulting in lower earnings compared to full-time workers.
  • Women are more likely to work in lower-paying occupations than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and earning a bachelor's degree comes with a plethora of benefits. First and foremost, it significantly enhances career opportunities, allowing for higher income potential and greater access to diverse job prospects. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to job opportunities. Alongside financial advantages, pursuing a bachelor's degree fosters personal growth, develops critical thinking skills, and offers the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and promotes the cultivation of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. underscores an unwavering commitment to intellectual exploration and a promising and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 18%-22% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of roughly 10%-14%. Expertise and leadership earn higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 21%-25% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 18%-22% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 10%-14%. Expertise and leadership garner higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 21%-25% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in South Africa

What is the average hourly wage in the South Africa?

Average Hourly Wage
8USD
Low 3 USD
Average 8 USD
High 34 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Hourly wages may result in irregular or fluctuating income, making it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually related to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disturb work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions have a higher risk of job insecurity compared to salaried positions because of their susceptibility to layoffs, downsizing, or changes in demand.
  • Limited career advancement: In some cases, hourly jobs might provide minimal prospects for career progression, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in South Africa

What are the best paying jobs in South Africa?

List with best paid jobs in South AfricaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs South Africa?

  1. Surgeon (USD 67,600)
  2. Doctor (USD 61,100)
  3. Chief Executive Officer (CEO) (USD 58,200)
  4. Registered Nurse Anesthetist (USD 56,800)
  5. Dentist (USD 54,300)
  6. Airline Pilot (USD 52,500)
  7. Intellectual Property Lawyer (USD 50,700)
  8. Marketing Manager (USD 44,800)
  9. Marketing Director (USD 44,800)
  10. Sales Director (USD 42,100)
  11. Sales Manager (USD 42,100)
  12. Petroleum Engineer (USD 41,700)
  13. Brand Manager (USD 40,800)
  14. Marketer (USD 40,800)
  15. Judge (USD 40,200)
  16. Treasurer (USD 39,600)
  17. Controller (USD 39,600)
  18. Pharmacist (USD 38,600)
  19. Tax Lawyer (USD 38,100)
  20. Lawyer (USD 38,100)
List with worst paid jobs in South AfricaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs South Africa?

  1. Cashier (USD 7,300)
  2. Childcare Worker (USD 7,700)
  3. Stock clerk (USD 7,800)
  4. Elder Care Worker (USD 7,900)
  5. Receptionist (USD 8,100)
  6. Bartender (USD 8,800)
  7. Food and beverage server (USD 8,900)
  8. Janitor (USD 9,000)
  9. Waiter (USD 9,100)
  10. Tour Guide (USD 9,200)
  11. Customer Service Representative (USD 11,000)
  12. Hotel Concierge (USD 11,200)
  13. Rehabilitation Counselor (USD 11,300)
  14. Travel Agent (USD 12,200)
  15. Secretary (USD 12,600)
  16. Painter (USD 13,100)
  17. Carpenter (USD 13,500)
  18. Bus Driver (USD 13,800)
  19. Artist (USD 13,900)
  20. Truck Driver (USD 14,200)
List with best paid industries in South AfricaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 43,200)
  2. Business and Management (USD 36,700)
  3. Marketing and Sales (USD 33,800)
  4. Engineering (USD 31,200)
  5. Law (USD 29,600)
  6. Accounting and Finance (USD 29,300)
  7. Computer and Information Technology (USD 28,700)
  8. Transportation and Logistics (USD 28,000)
  9. Science (USD 27,800)
  10. Education and Training (USD 23,000)
  11. Other (USD 17,100)
  12. Hospitality and Tourism (USD 14,300)
  13. Social Services (USD 11,700)
  14. Services (USD 10,700)