South African salaries of managers and professionals in IT, sales, accounting, finance etc. can compete with wages paid in Europe.
This is the outcome of the Loonwijzer-Monsterboard Wage Index, an international study of median wages and labour market.
Managers in South Africa earn R 116 per hour, compared to R 112 in Germany when accounting for the difference in prices. Only the British and Dutch managers earn more than their South African colleagues outside of the US. The US manager is the best paid with R 168 per hour.
Professionals earn R 103 per hour in South Africa, compared to R 18 in Zimbabwe and R 30 in Zambia and R 27 in Russia. In Europe most salaries of professionals are more according to the South African pay. Italian professionals make R 87 per hour, Spanish R 91, Dutch R 121 and British R 130. The US professional earns the most with R 151 per hour.
South African technicians and associate professionals earn about 2/3 of their European colleagues. For example a South African technician earns R 70 per hour, while his UK colleague makes R102 and his Dutch compeer R 105. But compared to his Chinese colleague with R 20, or his Russian colleague with R 24 the South African worker earns a lot more.
Clerical support workers are the lowest paid for the studied profession groups, but with R 46 per hour the South African worker is better paid than most of his global colleagues.
Managers:
Managers | Median gross hourly | Median net hourly | Median number of |
wage in | wage in | Big Macs per hour | |
rands | rands | ||
United States | 167.94 | 118.26 | 5 |
Belgium | 121.5 | 75.06 | 3.3 |
Germany | 111.78 | 71.28 | 3 |
Netherlands | 145.26 | 89.64 | 4.2 |
Spain | 112.32 | 82.08 | 3.3 |
Sweden | 136.08 | 91.26 | 3.2 |
United Kingdom | 135.54 | 95.04 | 4.4 |
Czech Republic | 86.94 | 63.72 | 2.3 |
Argentina | 85.86 | 69.12 | 2 |
Brazil | 39.96 | 32.4 | 1.1 |
Colombia | 73.98 | 63.18 | 1.8 |
Chile | 106.92 | 84.78 | 3.1 |
Mexico | 87.48 | 66.96 | 3 |
Azerbaijan | 34.02 | 28.62 | |
Belar | 35.1 | 29.7 | |
Kazakhstan | 32.4 | 25.92 | |
Rsian Federation | 35.1 | 29.7 | 1.8 |
Ukraine | 25.92 | 21.06 | |
China | 29.16 | 23.76 | 1.2 |
India | 59.94 | 51.3 | 2.2 |
Indonesia | 17.28 | 14.58 | 0.8 |
Vietnam | 39.96 | 34.56 | |
Sri Lanka | 27.54 | 23.22 | |
South Africa | 116.1 | 87.48 | 4.6 |