FINANCE & BANKING / SALARY
ETHEKWINI

SALARY SURVEYS

8

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

18.3 ZAR = 1 USD

665,798 ZAR

$36,392 USD

Johannesburg

1,162,989 ZAR

219,542 ZAR

$12,000 USD

Including "Johannesburg"

Excluding "Johannesburg"

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Average Salary / Finance & Banking / eThekwini

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Average salary for Finance & Banking / eThekwini is 665,798 ZAR per year. The most typical earning is 219,542 ZAR. All data are based on 8 salary surveys. Salaries are different between men and women. Men receive an average salary of 762,909 ZAR. Women receive a salary of 402,494 ZAR.

Based on education, the highest salaries receive people with Masters Degree with salary of 1,174,551 ZAR. The second most paid education level is Bachelors Degree with salary of 640,332 ZAR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 1,174,551 ZAR. Employees with 4-8 Years of experience receive 971,475 ZAR.

Levels / Finance & Banking / eThekwini (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
THE MOST TYPICAL SALARY
183,000 ZAR - 274,399 ZAR	1	100% 12.5%
274,400 ZAR - 365,899 ZAR	1	87.5% 12.5%
365,900 ZAR - 457,399 ZAR	1	75% 12.5%
457,400 ZAR - 548,799 ZAR	0	n/a
548,900 ZAR - 640,299 ZAR	1	62.5% 12.5%
640,300 ZAR - 731,799 ZAR	1	50% 12.5%
731,800 ZAR - 823,299 ZAR	0	n/a
823,300 ZAR - 914,699 ZAR	0	n/a
914,800 ZAR - 1,006,199 ZAR	1	37.5% 12.5%
1,006,200 ZAR - 1,097,699 ZAR	1	25% 12.5%
1,097,700 ZAR - 1,189,199 ZAR	1	12.5% 12.5%
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	0	n/a
1,463,600 ZAR - 1,555,099 ZAR	0	n/a
1,555,100 ZAR - 1,646,499 ZAR	0	n/a
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	0	n/a
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	0	n/a
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	0	n/a
3,293,100 ZAR - 3,476,099 ZAR	0	n/a
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	0	n/a

Gender / Finance & Banking / eThekwini (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	5	762,909 ZAR
2	Women	2	402,494 ZAR

Education / Finance & Banking / eThekwini (Gross ZAR)

#		Surveys
1	Masters Degree	1	1,174,551 ZAR
2	Bachelors Degree	4	640,332 ZAR
3	Some College	1	558,003 ZAR
4	High School	2	517,754 ZAR

Experience / Finance & Banking / eThekwini (Gross ZAR)

#		Surveys
1	16-20 Years	1	1,174,551 ZAR
2	4-8 Years	2	971,475 ZAR
3	8-12 Years	2	631,184 ZAR
4	12-16 Years	1	367,733 ZAR
5	2-4 Years	1	331,143 ZAR
6	0-1 Year	1	248,814 ZAR

Age / Finance & Banking / eThekwini (Gross ZAR)

#		Surveys
1	41-45	1	1,174,551 ZAR
2	n/a	1	704,365 ZAR
3	26-30	4	631,184 ZAR
4	31-35	2	462,868 ZAR

Work Type / Finance & Banking / eThekwini (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	7	726,319 ZAR
2	Contract	1	248,814 ZAR

Careers / Finance & Banking / eThekwini (Gross ZAR)

#		Surveys
1	Financial Adviser	1	1,174,551 ZAR
2	Finance Manager	2	971,475 ZAR
3	Stock Broker	1	704,365 ZAR
4	Other Finance Career	2	462,868 ZAR
5	Bank Manager	1	331,143 ZAR
6	Financial Coordinator	1	248,814 ZAR

People's individual salary examples (surveys)

Financial Advisor

Posted 21 March 2019
Key knowledge and tasks

"Financial advice."

City	Education	Experience	Knowledge	Gross salary / year
eThekwini	Masters Degree	16-20 Years	n/a	1,173,700 ZAR

Financial Manager

Posted 11 March 2019
Key knowledge and tasks

"Financial Manager."

City	Education	Experience	Knowledge	Gross salary / year
eThekwini	Bachelors Degree	4-8 Years	n/a	1,022,200 ZAR

Investment Officer

Posted 23 August 2018
Key knowledge and tasks

"Business Development."

City	Education	Experience	Knowledge	Gross salary / year
eThekwini	Bachelors Degree	12-16 Years	n/a	368,000 ZAR

Finance Manager

Posted 17 January 2018
Key knowledge and tasks

"Responsible for full finance function."

City	Education	Experience	Knowledge	Gross salary / year
eThekwini	Bachelors Degree	4-8 Years	n/a	920,000 ZAR

FINANCE & BANKING / SALARY ETHEKWINI

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