38 jobs in South Africa that pay over R100,000 a month in 2023

38 jobs in South Africa that pay over R100,000 a month in 2023


SOURCE: Business Tech


Professional recruitment firm Robert Walters has published data from its 2023 South African Salary Survey, showing which top jobs pay some of the highest salaries across various professional sectors in the country.

According to Robert Walters, the landscape for professionals in South Africa shifted in 2022, with both employers and employees looking for different qualities from each other in a post-Covid world.

While employers are looking for highly qualified professionals and specialist skills, employees are looking for companies with good company culture, decent pay and, most importantly, flexible working hours.

This need comes from a significant change in work life in South Africa over the last few years, where the Covid-19 pandemic and lockdown heralded a new way of remote working, where many employees now expect to work from home or only come into the office a few times a week.

Bosses have expressed a desire for a more full-time work schedule to return, but analysts have noted that it is unlikely that the working world will return to that way of doing business. Adding to the shift, international companies have embraced remote working, giving more opportunities to dip into limited pools of critical skills worldwide.

As has been widely reported, South African businesses are in dire need of skills across almost every sector – but as the Robert Walters survey shows, this does not mean that qualified professionals are guaranteed a job.

In fact, the survey indicated that there is a general oversupply of skills in the finance, HR and technology sector as a whole, with the group noting only low to medium demand for candidates.

Accounting, finance, banking and financial services professionals showed medium levels of demand, with the firm noting that it is “fairly easy” to hire in those sectors. The Human Resources, legal and technology sectors, meanwhile, are seeing low demand, with it being very easy to hire, Robert Walters said.

Despite an apparent oversupply of professionals in key sectors, those who are lucky enough to land a job will be well-rewarded and remunerated for it.

The survey identified 150 job roles in South Africa, with 81 of these delivering an earning potential of over R1 million a year. 52 of the positions have starting salaries at R1 million, but require at least 4 years of experience to even qualify.

The survey identified 38 jobs in the country with starting salaries at R1.2 million a year, or R100,000 a month. Most of these positions are reserved for those with 8 to 10 years of experience or more, noted the survey.

Chief Financial Officer (JSE Top 200)Qualified CA (SA) or CIMA or BComR2 800 000R4 000 000
CEO (SME)Executive/C-SuiteR2 700 000R2 700 000
COOExecutive/C-SuiteR2 500 000R3 000 000
General CounselIn-house – Commerce & IndustryR2 500 000R2 500 000
General CounselIn-house – Financial ServicesR2 500 000R2 500 000
Finance Director (Large Firm)Qualified CA (SA) or CIMA or BComR2 000 000R3 000 000
HR ExecutiveHuman ResourcesR2 000 000R3 000 000
CFO (Qualified CA)Senior FinanceR2 000 000R2 600 000
General ManagerOperationsR2 000 000R2 500 000
Equity Director / Senior DirectorPrivate Practice (Large Firm)R2 000 000R2 000 000
Commercial DirectorOperationsR1 800 000R2 500 000
Group Treasury ManagerTaxation/TreasuryR1 800 000R2 500 000
Group Tax ManagerTaxation/TreasuryR1 800 000R2 300 000
ActuaryRisk, Data Science & AnalyticsR1 700 000R1 700 000
CFO/FD (SME)Qualified CA (SA) or CIMA or BComR1 600 000R2 600 000
HR DirectorHuman ResourcesR1 600 000R2 500 000
CA (SA)Qualified CA (SA) or CIMA or BComR1 600 000R2 300 000
Head of LegalIn-house – Commerce & IndustryR1 500 000R2 500 000
Head of LegalIn-house – Financial ServicesR1 500 000R2 500 000
COOExecutive/C-SuiteR1 500 000R2 000 000
General ManagerOperationsR1 500 000R2 000 000
Private Equity/Corporate FinanceBankingR1 500 000R2 000 000
Finance Director (Large Firm)Qualified CA (SA) or CIMA or BComR1 500 000R1 800 000
Chief Risk Officer (CRO)Risk, Data Science & AnalyticsR1 400 000R3 200 000
Head of Internal Audit/ CIA (Chief Internal Auditor)Internal Audit or IT auditR1 400 000R2 500 000
Chief Technical OfficerTechnologyR1 400 000R1 900 000
Head of Finance/ Finance Executive (Qualified CA)Senior FinanceR1 400 000R1 800 000
Financial Planning & AnalysisQualified CA (SA) or CIMA or BComR1 350 000R1 350 000
Relationship Manager/Corporate BankerBankingR1 300 000R2 000 000
Strategy ConsultantManagement ConsultancyR1 300 000R2 000 000
Junior Director/ Salaried DirectorPrivate Practice (Large Firm)R1 300 000R1 900 000
Internal Audit ManagerQualified CA (SA) or CIMA or BComR1 300 000R1 700 000
Qualified CA(SA) JohannesburgAccounting, Audit, Tax & TreasuryR1 300 000R1 700 000
Finance ManagerQualified CA (SA) or CIMA or BComR1 300 000R1 600 000
Group Treasury ManagerTaxation/TreasuryR1 300 000R1 600 000
CFO/FD (SME)Qualified CA (SA) or CIMA or BComR1 200 000R1 550 000
Financial ControllerQualified CA (SA) or CIMA or BComR1 200 000R1 200 000
Equity Director / Senior DirectorPrivate Practice (Boutique Firm)R1 200 000R1 200 000



ALSO CHECK: Toyota South Africa Learnership Programme 2023



African Union Commission Scholar || Founder @ Youth Opportunities Hub || Former RBA COST/Sahel Team at UNDP || TEF Alumni ||

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