05 Jun 2023
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Managing directors and chief executives who have 25 years of experience in their job, will earn between R44 443 and R112 362 per month. The majority of employees work in organisations of 500 or more employees. This is the conclusion of research carried out by Mywage.co.za, in 2023.
Highest salary for managing directors and chief executives with 30 years of experience: R42 316 to R121 019 per month
Based on our survey, workers with 30 years of work experience earn the highest salary: between R42 316 and R121 019 per month. 25 years of experience earns employees a monthly salary between R44 443 and R112 362.
Managing directors and chief executives mostly male
Based on the survey results, most workers in this occupation are male. 28% of people in this job state that they do not have any children. Employees who answered the survey are mostly between 40 and 49 years of age.
Coverage by collective bargaining amongst workers in this occupation is 1%, while 99% are not covered by a collective agreement, according to our survey. Employees work 41 hours per week on average.
Majority organisations employ 500 or more workers
Workers who do not have a permanent contract for the work they are performing, added up to 14% of respondents. Since starting their first job, 35% of workers in this occupation have worked 10-20 years. 45% of all participating employees work in a multinational organisation. For most workers, the majority of their coworkers are male. People in this job mostly work in organisations consisting of 500 or more people. 86% of people in this job state that they have a permanent contract for the work that they are doing.
In the survey, 11% of the employees choose 'dissatisfied' as their job satisfaction level. On the whole, workers in this occupation feel satisfied about their job. This feeling is shared by 40% of the workers in this occupation.
Wage dissatisfaction high among managing directors and chief executives
Of all surveyed people in this job, 27% feel in between satisfied and dissatisfied about their salary. Generally, 44% of the employees report they are dissatisfied with their salary.
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