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FINANCE & BANKING / SALARY
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SALARY SURVEYS
305 |
UPDATED June 2024 About salary data? |
CALCULATE YOUR OPTIMUM SALARY!
(based on your career and experience) |
AVERAGE SALARY / YEAR | MOST TYPICAL SALARY / YEAR |
Gross income
Net (after tax)
18.3 ZAR = 1 USD |
||
1,012,291 ZAR$55,331 USDJohannesburg 1,162,989 ZAR |
768,398 ZAR$42,000 USDIncluding "Johannesburg" Excluding "Johannesburg" |
Average salary for Finance & Banking / South Africa is 1,012,291 ZAR per year. The most typical earning is 768,398 ZAR. All data are based on 305 salary surveys. Salaries are different between men and women. Men receive an average salary of 1,123,325 ZAR. Women receive a salary of 823,284 ZAR.
Based on education, the highest salaries receive people with Masters Degree with salary of 1,591,682 ZAR. The second most paid education level is Doctorate Degree with salary of 1,324,572 ZAR.
Different experiences affect earning as well. People with 20+ Years of experience receive salary of 1,668,522 ZAR. Employees with 12-16 Years of experience receive 1,481,911 ZAR.
Salary Levels (ZAR) per Year | Surveys | [%] |
---|---|---|
54,900 ZAR -
91,499 ZAR
|
0 |
n/a
|
91,500 ZAR -
182,899 ZAR
|
7 |
100%
2.3% |
183,000 ZAR -
274,399 ZAR
|
12 |
97.7%
3.93% |
274,400 ZAR -
365,899 ZAR
|
10 |
93.77%
3.28% |
365,900 ZAR -
457,399 ZAR
|
27 |
90.49%
8.85% |
457,400 ZAR -
548,799 ZAR
|
22 |
81.64%
7.21% |
548,900 ZAR -
640,299 ZAR
|
29 |
74.43%
9.51% |
640,300 ZAR -
731,799 ZAR
|
19 |
64.92%
6.23% |
THE MOST TYPICAL SALARY | ||
731,800 ZAR -
823,299 ZAR
|
31 |
58.69%
10.16% |
823,300 ZAR -
914,699 ZAR
|
19 |
48.52%
6.23% |
914,800 ZAR -
1,006,199 ZAR
|
12 |
42.3%
3.93% |
1,006,200 ZAR -
1,097,699 ZAR
|
17 |
38.36%
5.57% |
1,097,700 ZAR -
1,189,199 ZAR
|
16 |
32.79%
5.25% |
1,189,200 ZAR -
1,280,599 ZAR
|
19 |
27.54%
6.23% |
1,280,700 ZAR -
1,372,099 ZAR
|
10 |
21.31%
3.28% |
1,372,100 ZAR -
1,463,599 ZAR
|
6 |
18.03%
1.97% |
1,463,600 ZAR -
1,555,099 ZAR
|
6 |
16.07%
1.97% |
1,555,100 ZAR -
1,646,499 ZAR
|
7 |
14.1%
2.3% |
1,646,600 ZAR -
1,737,999 ZAR
|
5 |
11.8%
1.64% |
1,738,000 ZAR -
1,829,499 ZAR
|
3 |
10.16%
0.98% |
1,829,500 ZAR -
1,920,999 ZAR
|
3 |
9.18%
0.98% |
1,921,000 ZAR -
2,012,499 ZAR
|
2 |
8.2%
0.66% |
2,012,500 ZAR -
2,103,899 ZAR
|
2 |
7.54%
0.66% |
2,103,900 ZAR -
2,195,399 ZAR
|
3 |
6.89%
0.98% |
2,195,400 ZAR -
2,286,899 ZAR
|
2 |
5.9%
0.66% |
2,286,900 ZAR -
2,378,399 ZAR
|
0 |
n/a
|
2,378,400 ZAR -
2,469,799 ZAR
|
1 |
5.25%
0.33% |
2,469,900 ZAR -
2,561,299 ZAR
|
2 |
4.92%
0.66% |
2,561,300 ZAR -
2,652,799 ZAR
|
0 |
n/a
|
2,652,800 ZAR -
2,744,299 ZAR
|
1 |
4.26%
0.33% |
HIGH SALARIES | ||
2,744,300 ZAR -
2,927,199 ZAR
|
1 |
3.93%
0.33% |
2,927,200 ZAR -
3,110,199 ZAR
|
1 |
3.61%
0.33% |
3,110,200 ZAR -
3,293,099 ZAR
|
1 |
3.28%
0.33% |
3,293,100 ZAR -
3,476,099 ZAR
|
1 |
2.95%
0.33% |
3,476,100 ZAR -
3,658,999 ZAR
|
0 |
n/a
|
3,659,000 ZAR -
3,841,999 ZAR
|
1 |
2.62%
0.33% |
3,842,000 ZAR -
4,024,899 ZAR
|
0 |
n/a
|
4,024,900 ZAR -
4,207,899 ZAR
|
1 |
2.3%
0.33% |
4,207,900 ZAR -
4,390,799 ZAR
|
2 |
1.97%
0.66% |
4,390,800 ZAR -
4,573,799 ZAR
|
1 |
1.31%
0.33% |
4,573,800 ZAR -
6,403,299 ZAR
|
3 |
0.98%
0.98% |
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | Masters Degree | 66 | 1,591,682 ZAR |
|
2 | Doctorate Degree | 4 | 1,324,572 ZAR |
|
3 | Bachelors Degree | 173 | 923,907 ZAR |
|
4 | Some College | 44 | 653,138 ZAR |
|
5 | High School | 18 | 545,196 ZAR |
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | 20+ Years | 26 | 1,668,522 ZAR |
|
2 | 12-16 Years | 31 | 1,481,911 ZAR |
|
3 | 16-20 Years | 25 | 1,245,903 ZAR |
|
4 | 8-12 Years | 56 | 1,070,269 ZAR |
|
5 | 4-8 Years | 64 | 843,408 ZAR |
|
6 | 2-4 Years | 54 | 826,943 ZAR |
|
7 | 1-2 Years | 25 | 642,161 ZAR |
|
8 | 0-1 Year | 24 | 570,810 ZAR |
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | Part Time | 1 | 1,035,508 ZAR |
|
2 | Permanent | 283 | 1,028,190 ZAR |
|
3 | Self Employed | 8 | 909,271 ZAR |
|
4 | Contract | 13 | 713,512 ZAR |
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | Emalahleni | 5 | 1,518,501 ZAR |
|
2 | Johannesburg | 184 | 1,163,574 ZAR |
|
3 | Nelson Mandela Bay Metro | 6 | 911,100 ZAR |
|
4 | Tshwane | 11 | 894,635 ZAR |
|
5 | Mangaung | 2 | 870,851 ZAR |
|
6 | Cape Town | 73 | 783,034 ZAR |
|
7 | eThekwini | 8 | 665,945 ZAR |
|
8 | Matlosana | 1 | 612,889 ZAR |
|
9 | --Other-- | 5 | 504,947 ZAR |
|
10 | Ekurhuleni | 5 | 503,118 ZAR |
|
11 | Mbombela | 2 | 488,481 ZAR |
|
12 | Buffalo, South Africa | 2 | 418,960 ZAR |
|
13 | Polokwane | 1 | 171,974 ZAR |
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | Hedge Fund Manager | 2 | 2,378,376 ZAR |
|
2 | MBA | 9 | 2,144,197 ZAR |
|
3 | Investment Manager | 12 | 1,933,802 ZAR |
|
4 | Fund Manager | 1 | 1,256,880 ZAR |
|
5 | Finance Manager | 57 | 1,218,460 ZAR |
|
6 | Chartered Financial Analyst | 6 | 1,205,653 ZAR |
|
7 | Stock Broker Lead | 1 | 1,205,653 ZAR |
|
8 | Stock Broker | 6 | 1,189,188 ZAR |
|
9 | Risk Manager | 21 | 1,147,109 ZAR |
|
10 | Tax Manager | 4 | 1,064,780 ZAR |
|
11 | Risk Analyst | 23 | 887,317 ZAR |
|
12 | Financial Accountant | 16 | 872,681 ZAR |
|
13 | Financial Analyst | 31 | 845,238 ZAR |
|
14 | Other Finance Career | 61 | 814,136 ZAR |
|
15 | Banks | 15 | 803,159 ZAR |
|
16 | Mortgage Adviser | 2 | 751,932 ZAR |
|
17 | Economist | 14 | 662,286 ZAR |
|
18 | Financial Adviser | 13 | 662,286 ZAR |
|
19 | Financial Coordinator | 4 | 643,991 ZAR |
|
20 | Bank Manager | 4 | 543,367 ZAR |
|
21 | Bank Cashier | 3 | 201,247 ZAR |
|
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 2-4 Years | Intermediate | 815,200 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Masters Degree | 2-4 Years | Expert | 1,190,200 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 2-4 Years | Advanced | 899,100 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | High School | 16-20 Years | Expert | 459,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 0-1 Year | Intermediate | 294,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Masters Degree | 4-8 Years | Advanced | 756,900 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 8-12 Years | Advanced | 905,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Masters Degree | 1-2 Years | Advanced | 754,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 1-2 Years | Advanced | 608,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 2-4 Years | Advanced | 1,217,000 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 8-12 Years | Advanced | 718,600 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Masters Degree | 2-4 Years | Advanced | 1,647,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Masters Degree | 1-2 Years | Expert | 1,013,900 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 1-2 Years | Advanced | 410,600 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Masters Degree | 2-4 Years | Expert | 3,041,600 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | High School | 8-12 Years | Basic | 365,000 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Some College | 1-2 Years | Advanced | 509,000 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 4-8 Years | n/a | 552,200 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 2-4 Years | n/a | 369,800 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Masters Degree | 8-12 Years | n/a | 1,602,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Emalahleni | Bachelors Degree | 12-16 Years | n/a | 2,144,900 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 12-16 Years | n/a | 1,047,800 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Masters Degree | 4-8 Years | n/a | 1,035,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | High School | 16-20 Years | n/a | 376,000 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Masters Degree | 16-20 Years | n/a | 2,452,800 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 8-12 Years | n/a | 1,533,000 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Some College | 12-16 Years | n/a | 858,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 4-8 Years | n/a | 794,700 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Some College | 20+ Years | n/a | 490,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 2-4 Years | n/a | 711,300 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 8-12 Years | n/a | 797,100 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Doctorate Degree | 20+ Years | n/a | 1,349,100 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 16-20 Years | n/a | 735,800 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 8-12 Years | n/a | 1,030,100 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 16-20 Years | n/a | 1,716,900 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Mbombela | Bachelors Degree | 8-12 Years | n/a | 390,000 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 2-4 Years | n/a | 1,046,100 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 4-8 Years | n/a | 809,400 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 0-1 Year | n/a | 515,100 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 12-16 Years | n/a | 1,716,900 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 4-8 Years | n/a | 588,600 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 8-12 Years | n/a | 937,000 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 16-20 Years | n/a | 1,962,200 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 2-4 Years | n/a | 441,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 8-12 Years | n/a | 1,103,700 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Mbombela | Bachelors Degree | 12-16 Years | n/a | 588,600 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 4-8 Years | n/a | 441,500 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 2-4 Years | n/a | 540,700 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Johannesburg | Bachelors Degree | 8-12 Years | n/a | 1,215,200 ZAR |
City | Education | Experience | Knowledge | Gross salary / year |
Cape Town | Bachelors Degree | 4-8 Years | n/a | 635,300 ZAR |