The major factor in choosing a career is whether it will fetch you a high-paying job. This becomes more important if you are thinking of moving to another country on a job. Before you make your decision, you would obviously like to know the highest paying jobs in the country you intend to migrate to. If you are thinking of finding Work in South Africa, here is a list of the ten highest-paying jobs in the country.
In South Africa, the highest paying jobs are in the fields of Management, ICT, Engineering, Medicine, etc.
However, salaries in these fields may differ based on the amount of work experience, qualification or skill levels.
Top ten highest-paying jobs in South Africa
1.Specialist Medical Doctors
Specialist medical doctors are in high demand in South Africa. These are medical professionals who have completed their advanced education in medicine. The salary range for this profession is based on the area of specialty, for instance, neurosurgeons get a higher amount of salary while general practitioners are paid less. For instance, a neurosurgeon with one to four years of experience will have an average salary of 730,000 Rands per annum while a neuro surgeon with five to nine years of experience can earn up to 780,000 Rands per annum while those with more than ten years of experience can earn 2 million Rands per annum.
A cardiologist with mid-level experience will earn an average salary of 1.6 million Rands per annum.
Actuaries are responsible for calculating and managing risk and uncertainty in businesses. In financial and business difficulties, these specialists apply analytical and mathematical talents. Because of the country’s actuarial scarcity, this is a high-demand profession. It might take up to 9 years to become an actuary.
An actuary is concerned with risk and uncertainty assessment and management. This profession requires a strong background in asset management, liability management, business, and analytical skills.
The average salary at the entry level for this profession is 597000 Rands per annum while those with five to nine years of experience earn about 920,000 Rands per annum while those with ten to 19 years of experience can earn about 1 million Rands per annum.
An architect is a professional who plans, designs, and supervises the construction of structures. Because an architect’s actions can have a significant impact on public safety, architects undergo substantial specialized training.
An architect with 1- 4 years of experience earns an average of 277,000 Rands per year in South Africa, whereas one with 5-9 years of experience earns an average of 715,000 Rands per year. An architect with more years of expertise can make 1.2 million Rands per year on average.
A chartered accountant records business transactions on behalf of an entity, reports to management and issues financial statements.
Taxation, forensic accounting, corporate finance, business recovery, and insolvency may all fall under the purview of a chartered accountant.
A chartered accountant with entry-level experience makes R489K per year, whereas a chartered accountant with mid-level expertise gets 605,000 Rands per year. A person with 10 to 9 years of experience earns an average of 782,000 Rands a year.
Lawyers provide legal advice to individuals, corporations, and the government.
They present evidence and make a legal case in court on behalf of their clients.
They assist customers in the writing of their wills. Their average salary ranges between 41,000 Rands to 1.2 million Rands per annum.
Management consultants assist businesses in maximizing their growth potential by enhancing their performance. They do so by assisting businesses in developing talents that were previously missing. They help companies grow and develop by problem-solving and discovering new and innovative ways to tackle problems that could support the company.
Individuals in their early career level with 1-4 years of experience will earn an average of 298,000 Rands per annum and at midlevel, with 5-9 years of experience will earn an average of 554,000 Rands per annum. An experienced management consultant with 10-19 years of experience will earn an average of 869,000 Rands per annum.
Biomedical engineers have revolutionized how individuals are treated for injuries and diseases. They have been able to develop better and more modern medical machinery as a result of their experience, making intricate surgeries easier to perform.
A biomedical engineer in their early career with 1-4 years of experience makes an average of 303,000 Rands per year. A biomedical engineer with 5-9 years of experience earns an average of 420,000 Rands per year, whereas a biomedical engineer with more than 10 years of experience can earn up to 734,000 Rands per year.
Every existing organization relies on sales managers. They are in charge of a company’s sales growth and ensuring that sales targets are accomplished. They also manage sales teams, hiring and training them to create revenue for the business.
A degree in business administration, statistics, or mathematics is required to work as a sales manager. A master’s degree in business administration is preferred by some employers for sales managers.
Sales managers’ earnings vary depending on the type of sales department they oversee, the companies they work for, and their prior expertise.
An entry-level sales manager with 1-4 years of experience earns an average of 155,000 Rands per year.
A midlevel sales manager with 5-9 years of experience may expect to earn 317,000 Rands per year on average. An experienced sales manager may expect to make 727,000 Rands per year on average.
The job of a pilot is highly technical and requires specialized training. The training takes time and is expensive.
In South Africa, an entry-level commercial pilot makes an average of 690,000 Rands per year. A mid-level manager with 5-9 years of experience may expect to earn 850,000 Rands per year on average. In South Africa, an experienced commercial pilot makes an average of 950,000 Rands per year.
10.Cyber security Engineer
The importance of cybersecurity has grown as most large enterprises in South Africa have gone digital. Furthermore, the rising number of hackers in the digital realm has many businesses on the alert, resulting in the strong demand for cybersecurity engineers today.
Companies are willing to spend a lot of money on anybody who can assist them protect their technology.
The average salary for an entry-level cybersecurity engineer is 400,000 Rands per year, with a salary of 503,000 Rands per year for those with 5-9 years of expertise. A cybersecurity engineer with 10 to 19 years of experience earns an average of 646,000 Rands per year.
These are the top ten highest paying professions in South Africa in 2022.