INVESTMENT MANAGER / SALARY
SOUTH AFRICA

SALARY SURVEYS

12

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

18.3 ZAR = 1 USD

1,933,656 ZAR

$105,692 USD

Johannesburg

2,459,753 ZAR

493,970 ZAR

$27,000 USD

Including "Johannesburg"

Excluding "Johannesburg"

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Average Salary / Investment Manager / South Africa

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Average salary for Investment Manager / South Africa is 1,933,656 ZAR per year. The most typical earning is 493,970 ZAR. All data are based on 12 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,202,742 ZAR. Women receive a salary of 490,311 ZAR.

Based on education, the highest salaries receive people with Masters Degree with salary of 2,597,918 ZAR. The second most paid education level is Bachelors Degree with salary of 1,425,196 ZAR.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 2,897,959 ZAR. Employees with 8-12 Years of experience receive 2,768,063 ZAR.

Levels / Investment Manager / South Africa (Gross ZAR)

Salary Levels (ZAR) per Year	Surveys	[%]
54,900 ZAR - 91,499 ZAR	0	n/a
91,500 ZAR - 182,899 ZAR	0	n/a
183,000 ZAR - 274,399 ZAR	0	n/a
274,400 ZAR - 365,899 ZAR	0	n/a
365,900 ZAR - 457,399 ZAR	0	n/a
THE MOST TYPICAL SALARY
457,400 ZAR - 548,799 ZAR	1	100% 8.33%
548,900 ZAR - 640,299 ZAR	0	n/a
640,300 ZAR - 731,799 ZAR	1	91.67% 8.33%
731,800 ZAR - 823,299 ZAR	1	83.33% 8.33%
823,300 ZAR - 914,699 ZAR	0	n/a
914,800 ZAR - 1,006,199 ZAR	1	75% 8.33%
1,006,200 ZAR - 1,097,699 ZAR	0	n/a
1,097,700 ZAR - 1,189,199 ZAR	0	n/a
1,189,200 ZAR - 1,280,599 ZAR	0	n/a
1,280,700 ZAR - 1,372,099 ZAR	0	n/a
1,372,100 ZAR - 1,463,599 ZAR	1	66.67% 8.33%
1,463,600 ZAR - 1,555,099 ZAR	1	58.33% 8.33%
1,555,100 ZAR - 1,646,499 ZAR	1	50% 8.33%
1,646,600 ZAR - 1,737,999 ZAR	0	n/a
1,738,000 ZAR - 1,829,499 ZAR	0	n/a
1,829,500 ZAR - 1,920,999 ZAR	0	n/a
1,921,000 ZAR - 2,012,499 ZAR	0	n/a
2,012,500 ZAR - 2,103,899 ZAR	0	n/a
2,103,900 ZAR - 2,195,399 ZAR	1	41.67% 8.33%
2,195,400 ZAR - 2,286,899 ZAR	0	n/a
2,286,900 ZAR - 2,378,399 ZAR	0	n/a
2,378,400 ZAR - 2,469,799 ZAR	1	33.33% 8.33%
2,469,900 ZAR - 2,561,299 ZAR	0	n/a
2,561,300 ZAR - 2,652,799 ZAR	0	n/a
2,652,800 ZAR - 2,744,299 ZAR	0	n/a
HIGH SALARIES
2,744,300 ZAR - 2,927,199 ZAR	0	n/a
2,927,200 ZAR - 3,110,199 ZAR	0	n/a
3,110,200 ZAR - 3,293,099 ZAR	1	25% 8.33%
3,293,100 ZAR - 3,476,099 ZAR	1	16.67% 8.33%
3,476,100 ZAR - 3,658,999 ZAR	0	n/a
3,659,000 ZAR - 3,841,999 ZAR	0	n/a
3,842,000 ZAR - 4,024,899 ZAR	0	n/a
4,024,900 ZAR - 4,207,899 ZAR	0	n/a
4,207,900 ZAR - 4,390,799 ZAR	0	n/a
4,390,800 ZAR - 4,573,799 ZAR	0	n/a
4,573,800 ZAR - 6,403,299 ZAR	1	8.33% 8.33%

Gender / Investment Manager / South Africa (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	10	2,202,742 ZAR
2	Women	1	490,311 ZAR

Education / Investment Manager / South Africa (Gross ZAR)

#		Surveys
1	Masters Degree	6	2,597,918 ZAR
2	Bachelors Degree	5	1,425,196 ZAR
3	Some College	1	490,311 ZAR

Experience / Investment Manager / South Africa (Gross ZAR)

#		Surveys
1	12-16 Years	3	2,897,959 ZAR
2	8-12 Years	2	2,768,063 ZAR
3	16-20 Years	2	1,970,393 ZAR
4	1-2 Years	1	1,447,150 ZAR
5	4-8 Years	2	1,207,483 ZAR
6	2-4 Years	1	680,581 ZAR
7	20+ Years	1	490,311 ZAR

Age / Investment Manager / South Africa (Gross ZAR)

#		Surveys
1	31-35	3	2,921,743 ZAR
2	41-45	3	2,414,966 ZAR
3	46-50	1	2,162,492 ZAR
4	26-30	3	1,287,982 ZAR
5	n/a	1	680,581 ZAR
6	56-60	1	490,311 ZAR

Work Type / Investment Manager / South Africa (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Self Employed	1	2,162,492 ZAR
2	Permanent	11	1,913,677 ZAR

Cities / Investment Manager / South Africa (Gross ZAR)

#		Surveys
1	Johannesburg	7	2,458,874 ZAR
2	Tshwane	1	1,489,229 ZAR
3	Cape Town	4	1,123,325 ZAR

People's individual salary examples (surveys)

Divisional Manager

Posted 25 December 2020
Key knowledge and tasks

"Extensive knowlege of recommending approving and monitoring 
loans to corporates and government."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Masters Degree	16-20 Years	n/a	2,452,800 ZAR

Executive Assistant

Posted 26 October 2020
Key knowledge and tasks

"National Wealth Certificate; • Process investor transactions, new investments, redemptions and transfers requests
• Collect and maintain investor documentation;
• Enter and maintain contact information for new and additional investors within the firm’s system;
• Maintain & review all paperwork received in the new investment process; request outstanding documents from the investor as necessary;
• Create investor records for new investments, redemptions and transfers;
• Scan all documents for digital storage if not received in digital format;
• Handle investor service inquiries;
• Process and research redemption requests;
• Initiate same-day payments as requested. 
• Assist the Team with the preparation and distribution of investor correspondence;
• Review Investor investments;
• Monitor and review incoming investor transactions requests;
• Review changes to investor and fund contact records;
• Liaise with Investments companies regarding investors, investments
• Conduct final review of investor transactions and issue contract notes;
• Review, publish and send investor statements, and other investor correspondence;."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Some College	20+ Years	n/a	490,500 ZAR

Investment Analyst

Posted 19 April 2020
Key knowledge and tasks

"Product development, Models, risk screening."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Bachelors Degree	8-12 Years	n/a	937,000 ZAR

Financail Services

Posted 20 February 2019
Key knowledge and tasks

"Research and analysis."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Masters Degree	12-16 Years	n/a	2,162,800 ZAR

Investment Associate

Posted 29 January 2019
Key knowledge and tasks

"Supports the investment team across all aspects of transaction execution, with French language skills being of particular importance in supporting deals in Francophone-Africa."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Masters Degree	4-8 Years	n/a	1,622,100 ZAR

Head Of Strategic Investment

Posted 13 April 2018
Key knowledge and tasks

"Managing USD 5. 5 billion investment."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Masters Degree	8-12 Years	n/a	4,600,100 ZAR

INVESTMENT MANAGER / SALARY SOUTH AFRICA

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