Celebrities aren't the only ones raking in the big bucks in South Africa! According to the latest data from Stats SA's Quarterly Employment Survey (QES), there are 44 jobs that pay more than the average national salary of R26,791 per month. If you're curious about which professions are making bank, buckle up and prepare for some jaw-dropping figures.
Topping the list of high-paying jobs is the financial intermediation sector within the business services industry. Those fortunate enough to work in this field are taking home an impressive average of R90,659 per month. That's enough to make anyone's eyes widen with envy! It seems like crunching numbers and handling finances can really pay off.
But the financial sector isn't the only one that's bringing in the big bucks. The electricity, gas, steam, and water supply industry also offers some lucrative opportunities, with an average salary of R80,336 per month. Talk about shocking figures! Those who keep the lights on and the water flowing are certainly reaping the rewards.
If you're more inclined towards the world of insurance and pension funds, you're in luck. This industry boasts an average salary of R69,677 per month. It's no wonder people are flocking to this field, where financial security is not just a buzzword but a reality.
The realm of computer and IT-related activities is also a goldmine for those seeking high earnings. With an average salary of R54,078 per month, tech-savvy individuals are finding their bank accounts swelling as they navigate the ever-evolving digital landscape.
It's important to note that these figures represent the formal, non-agricultural sector, and there are various factors that contribute to the varying salaries across industries. Education, experience, and specialized skills all play a role in determining earning potential. But it's undeniable that these 44 jobs offer a tantalizing glimpse into the world of financial success.
As South Africans grapple with the economic challenges brought on by the pandemic and rising inflation, it's encouraging to see certain sectors thriving and providing opportunities for substantial incomes. While the average national salary may have dipped slightly, these high-paying jobs serve as a reminder that hard work and dedication can lead to financial prosperity.
So, if you're dreaming of a life filled with luxury cars, exotic vacations, and designer wardrobes, perhaps it's time to consider a career in one of these high-paying fields. Whether you're crunching numbers, ensuring the lights stay on, or delving into the digital realm, these professions offer the potential for a life of financial abundance.
Take a look at the table below to see all 44 jobs that exceed the national average salary in South Africa. It's time to start thinking big and aiming high!
The table below outlines average salaries across the 20 different job sectors in South Africa, based on the most recent earnings data as reported by Stats SA.
The industry segments are described as follows:
- Mining includes mining and quarrying
- Manufacturing includes food and beverages, furniture, textiles, wood, printing and publishing, petroleum and chemicals, non-metals and mineral products, electrical, medical and technology-related apparatus, and transport equipment
- Electricity includes gas and water supply
- Trade includes wholesale, retail, motor, hotel and restaurants
- Transport includes freight, storage and postal communication
- Business services include financial intermediation, banking, insurance and real estate
- Community includes social and personal services, split among government and non-government entities.
The full list of all 92 jobs covered in the survey is embedded below or can be downloaded below.
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