15 Oct 2023
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Financial and investment advisers who work for 15 years will receive a salary ranging from R20 260 to R46 483 per month. On the whole, employees feel satisfied about their job. This feeling is shared by 45% of the employees. This is evident from research conducted by Mywage.co.za, in 2023.
Based on our survey, employees with 25 years of work experience earn the highest salary: between R20 239 and R53 366 per month. People in this job who have 15 years of experience, receive a hourly salary ranging from R104 to R239.
Financial and investment advisers mostly male
People in this job who answered the survey are mostly between 30 and 39 years of age. 48% of workers in this occupation state that they do not have any children. Most workers in this occupation are male, based on the survey results.
Average working week of 39 hours
On average, workers in this occupation work 39 hours per week. Coverage by collective bargaining amongst people in this job is 3%, while 97% are not covered by a collective agreement, according to our survey.
63% of financial and investment advisers fewer than 5 years of work experience
33% of all participating employees work in a multinational organisation. Workers who have a permanent contract for the work they are performing, add up to 80%. Workers in this occupation mostly work in organisations consisting of 500 or more people. Workers in this occupation who do not have a permanent contract for the work they are performing, added up to 20% of respondents. For most people in this job, the majority of their coworkers are male. Since starting their first job, 63% of workers in this occupation have worked fewer than 5 years.
The survey shows that 10% of the workers in this occupation feel highly satisfied about their position. In general, most employees are satisfied with their position. This is the case for 45% of the employees.
Wage dissatisfaction high among financial and investment advisers
Among the people in this job, 24% reported they are highly dissatisfied with their wage. Generally, 43% of the workers in this occupation report they are dissatisfied with their salary.
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