Tag: salary

Which IT job pays best in South Africa?

Source: CareerJunction

Jobs portal CareerJunction has published it latest salary review for 2018, showing among others what the average IT employee earns per month.

CareerJunction used actual salary offerings on their jobs portal Web site (16 000+ jobs monthly) for the latest measurable period (December 2017 to May 2018).

Skill levels covered in the report include both intermediate and senior.

IT management jobs saw the biggest jump in salary, moving from R59 490 per month to R66 010 (11%). Systems analysts were the worse hit by decreases, losing 17.1% in value over the year (from R42 420 to R35 170).


Image credit: Business Tech

Regional salary differences

The Western Cape and Gauteng remain favourable locations to work for IT professionals. Salaries in these regions are very close to the national average while salaries in KwaZulu-Natal are not nearly as competitive.

The salary ranges above are based on monthly “cost to company” remuneration and only serve as an indication of the average salary offerings for each occupation.

 

President Jacob Zuma has accepted the recommendation of no salary increases for the national executive, members of Parliament (MPs), provincial executives, mayors, and other top public office bearers.

The Independent Commission for the Remuneration of Public Office Bearers in November recommended that top officials, including Zuma, his deputy Cyril Ramaphosa, ministers and deputy ministers get no increase “as a patriotic sacrifice”.

Also expected to make the “sacrifice” are MPs, all members of provincial executives and legislatures, all judges, mayors, whips, some members of royalty, as well as the deputy chairperson of the provincial house of traditional leaders.

This means the president’s salary will remain at just under R2.9m, while the deputy president and the speaker will continue to earn R2.7m.

Ministers will continue to earn just over R2-million a year.

Municipal councillors would get an increase of 4%. Magistrates and full-time members of the National House of Traditional Leaders would get 6%.

“President Jacob Zuma has accepted the Independent Commission for the Remuneration of Public Office Bearers recommendations for the adjustment of public office bearers’ annual remuneration for the 2016/2017 financial year,” the Presidency said on Tuesday.

In November, the commission’s deputy chairperson, Matshego Ramagaga, said a number of factors were taken into consideration when making the decision.

These included the responsibilities of the office bearers, affordability and inflation.

The salary freeze could save up to R100m, the commission said at the time.

By Thulani Gqirana for News24

The IAB SA, in partnership with Millward Brown, has released the results of its first industry-endorsed digital salary survey. It benchmarks the salaries of specialist skills, relevant to the South African digital marketing and communication industry and relevant to the scale of agencies, which otherwise was ill-defined.
Fred Roed, CEO of World Wide Creative and head of agencies at IAB SA says, “This is the first time that the IAB SA has conducted a survey that focuses solely on the dynamic roles in the South African digital industry and their compensation. No other available survey comprehensively covers the unique skills that our agency members offer.”

Investing in talent
The data tells a clear story about how the industry is investing in talent. As expected, there is a slight discrepancy in average salaries for medium sized agencies and larger agencies, with large agencies offering on average 8% higher salaries compared to medium sized agencies.

Agencies of both sizes offer their own benefits. Large agencies are willing to invest more in experienced leaders, where regional and business unit autonomy is relied upon. Medium-sized agencies are showing more of a willingness to invest in particular in inexperienced leaders, senior client facing and project management personnel that can independently handle client/project tasks and specialist leaders in design and programming.

Interestingly, the data suggests that someone starting out in the industry is more likely to earn a higher salary at a medium-sized agency than a larger one.

Top earners, lowest earners
The top earners in digital (excluding executive and business unit leadership) include project director, art director, paid search manager, account director and operations manager.

The lowest earning roles (excluding interns, PAs and office managers) are content writers, database analysts, community managers, photographers/videographers and front-end developers (non-specialist).

Another key finding is that the average gross monthly salary for programming roles within the agency environment is lower than the ICT sector. On average, programming roles with agencies are paid up to 26% lower compared to those within the ICT sector. There is a clear reason for this. As development is not the primary core capability of digital agencies, compared to ICT and large-scale enterprise development firms, the salaries of developers are less. This is balanced by digital agencies providing exposure for developers to a diverse range of projects that can test their craft and creativity as coders.

The task of reporting on and compiling the salary information of South Africa’s agencies was always going to be a sensitive one. “The issue of trust with such sensitive information was a salient concern. Partnering with Millward Brown on the project illustrated our dedication to creating a confidential, credible benchmark for the industry,” continues Roed.

Methodology
The survey was conducted using Millward Brown’s proprietary survey solution, which is fully device agnostic, responsive and secure. The IAB South Africa provided contact details of its members to Millward Brown, under strict non-disclosure agreements. The survey was sent to members via email to complete using Millward Brown’s in-house survey and analysis technology. The 2015/16 IAB salary survey was conducted between 25/08/2015 and 30/10/2015.

Andrzej Suski, head of media and digital Africa & Middle East at Millward Brown says, “As one of the leading research agencies in mobile data collection, the Salary Survey provided us with a credible opportunity to show the benefits of a mobile research offering that provides fast and secure feedback to clients on a bespoke basis. We are entering an exciting era for market research and our South African team is pioneering many of the mobile developments that are being rolled out across the world.”

Roed concludes, “A debt of gratitude must be extended to Andrjez and his team for ensuring confidentiality and professionalism throughout. I would also like to extend a thank you to the IAB Agency Committee team on this project, namely Danelle Stiles and Louis Janse van Rensburg, for adeptly facing the challenges in our path and executing a clear, detailed snapshot of our current industry.”

Source: www.bizcommunity.com

How much do you have to earn to live in South Africa’s richest suburbs and drive that brand new Maserati? The answer‚ to be precise‚ is R327 800 per month.

Lightstone‚ a property research company‚ has compiled some eyebrow-raising scenarios that break down what salary one needs in order to afford a house and car in certain suburbs around the country.

On the lower end of the scale‚ a salary of R6 300 is required to acquire a house in Khayelitsha in the Western Cape‚ Hillbrow in Gauteng or Wasbank in KwaZulu-Natal and park a second-hand 0.8 litre Chery QQ3 in the garage.

The company based its data on a mortgage that would account for no more than 30% of an individual’s gross monthly salary. The mortgage was calculated over a period of 20 years without a deposit. And for cars‚ they chose to cap expenses at 20% of a monthly salary with no deposit.

The data come from various sources “including all the property transactions taking place in the country as recorded by the registrar of deeds … to statistically derive a value on each of the 6,3-million residential properties in South Africa”‚ says Lightstone’s analytics director Paul-Roux de Kock.

Also used as a benchmark was CareerJunction’s latest salary data for South Africa.

The lowest property prices are in the Eastern Cape with a mean value of R380 000.

According to the report: “To afford a luxury beach property with a median value range of R11 700 000 in Llandudno (Cape Town)‚ you’d need a monthly salary of R389 400. A property of R7 200 000 within the coastal estate of Zimbali (near Durban) would require a salary of at least R239 600‚ and a property of around R8 350 000 in De Zalze Winelands Golf Estate (Western Cape) would require a salary of R277 900.”

An earlier Lightstone report, titled Homeowners will lose wealth for the first time since 2011, found that property prices had devalued below inflation for the first time since 2011.

“This means that not only will every rand invested in a home by the start of 2016 be worth much less by the end of the year‚ but it will also prompt the Reserve Bank’s monetary policy committee to push up the repo rate to try to keep consumer price inflation below the 6% target‚” the report found.

According to CareerJunction‚ a chemical engineer — the lowest-paying engineering profession according to the website — with a starting monthly salary of R27 404 could comfortably afford to live in Krugersdorp West‚ Lancaster Hill or Grabouw and drive a Hyundai i20.

But a person working as a teller or a cashier for R6 189 would be lucky to afford a property in Hillbrow and drive a second hand Chery QQ3.

By Aron Hyman for www.bdlive.co.za

Follow us on social media: 

               

View our magazine archives: 

                       


My Office News Ⓒ 2017 - Designed by A Collective


SUBSCRIBE TO OUR NEWSLETTER
Top