Choosing a career path is often a delicate balance between finding something you love doing and trying to make a livelihood of it. Whether you’re currently living in South Africa or planning to move there, you may want to find out which jobs are the highest earning ones, so you can make informed decisions about your career.
In South Africa, highest earning jobs are usually consistent with the highest level of hierarchy and the most common degrees associated with these jobs include computer science, engineering, accounting and law. Here are 5 of the top earning jobs in South Africa.
IT Directors are responsible for the development and implementation of all policies in the IT department and oversee the strategy of a company when it comes to the use of information technology. With an average annual pay of just under R1,400,000, it is one of the highest earning jobs in South Africa.
IT jobs are often in high-demand, and that is true for many countries including the UK and the US. These positions require highly skilled workers with a set of sometimes very niche technical competences, which drive salaries up for these types of jobs.
Chief Investment Officers
A Chief Investment Officer is the head of the board responsible for investment within an organisation – it’s a high-level position so don’t expect to get there easily. It requires extensive experience in investment and an excellent track record in order to be deemed worthy of managing a company’s investment portfolio.
If that’s the career path for you, you’ll be rewarded with one of the highest salaries of the country, averaging over R1,600,000 a year.
Legal Service Directors
Lawyers are always in high-demand and South Africa is no exception. Being a legal service director could get you one of the top pays of the country, averaging R1,500,000 a year. If you make your way to be a legal service director, you’ll be responsible of overseeing an organisation’s entire legal department, providing counsel on a variety of issues that can include contracts, employment law, intellectual property and other regulatory requirements.
If you’re interested in a career in law, companies like Africa Legal list legal jobs and also provide training courses. They are an ideal first stop in your hunt for a legal job.
Medical careers often feature in lists of highest earning jobs as they required years of learning, and specialist such as neurosurgeons are required to have extensive skills and knowledge. Neurosurgeons are trained to manage neurological disorders and can provide surgical or non-surgical care of injuries and illnesses related to the brain, spine or peripheral nerves.
The average annual salary for a neurosurgeon in South Africa is around R1,400,000.
Financial Systems Managers
Another core department of all organisations, it’s not surprising to see a finance role in this list. A financial system manager is responsible for system maintenance and administration functions of a financial system within a company. They usually work with the IT department to plan, design and develop a strong system that will answer the company’s needs.
If you’re looking to start a career in finance, this is a great long-term goal in order to achieve a managerial position and be responsible for planning and design. Their annual salaries average just above R1,400,000.
Of course, money is only part of what you should consider in order to make a career choice, but it’s always useful to know what jobs are highest earning or what jobs are in high demand, so you can make an informed decision based on your priorities and what’s available.