Employment Data In South Africa
The workers who make the highest average earnings in the nation’s formal, non-agricultural sectors are revealed by employment statistics from Statistics South Africa.The Quarterly Employment Survey data from Stats SA includes information on eight major industries or sectors in South Africa, which are further divided into 20 subcategories. These subcategories are primarily made up of manufacturing sectors, government and non-government community, and social services.The entire dataset includes earnings projections for 90 various job kinds in the formal, non-agricultural sector, demonstrating which industries or job categories generate the highest monthly incomes.
The QES Data Survey
The QES data is an enterprise-based survey that gathers data from about 20,000 non-agricultural firms and organizations.Among the employed, the poll does not include agricultural laborers, self-employed individuals whose firms are unincorporated, unpaid family members, or private household employees. Employees who work multiple jobs and appear on multiple payrolls are counted separately for each of those appearances.The numbers show that formal workers made R799 billion in total, or an average of R26,366 per person, in the three months that ended in March 2022.
Average Pay By Industry
The highest salaries in the general economy were earned by individuals in the electricity, gas, and water supply industry, at R46,700 per month, followed by those in finance, at R31,780 per month.At R29,619 per month, government sector earnings were down from the previous quarters, but they were still marginally more than those in the non-government sector, which made R30,127 per month.The manufacturing industry, notably the textile, apparel, and leather sectors, employ the lowest paid workers, with an average salary of R10,479 per year.While the electricity and water supply sector has the highest average monthly income, the business services sector, notably those related to financial intermediation, has the highest average monthly income with an average of R82,400.
What Is The Highest Paying Job In South Africa
The industries most in demand in South Africa right now are information technology, business, management, and finance. The sectors of sales, administration, office work, sports, architecture, and engineering are also in high demand. The media frequently draws attention to South Africa’s lowest-paying employment while exposing the nation’s economic situation and social inequality.
Specialty Physician: R1,600,000
One of the most profitable industries to enter is medicine. It is more marketable to specialize in medicine and work as a neurosurgeon or dermatologist. One of the professions that pays millions a month in South Africa is becoming a specialist doctor. For instance, the average annual salary for a neurosurgeon with 1 to 4 years of experience is R730,000. A person with five to nine years of experience makes R780,000, whereas someone with ten or more years of experience gets R2 million annually.
