How much you will earn one day is becoming a big part of choosing what to study. This article will give you a breakdown of South African salaries and what different people earn in different industries.
With South Africa’s economic climate becoming more hostile every day, financial security is a big consideration when deciding which field you want to enter into. What you’ll earn one day depends on a lot of different things: where you’ll work (location, location, location), which industry you’ll work in and what position in the industry you choose to fill.
Below is a summary of what you can expect to earn monthly, within different industries (these are averages based on research within a small pool of participants, South African salaries can differ significantly in different situations):
So, What Will YOU Earn?
As you can see, the amount that you earn depends on what industry you’re working in, what job you’re performing and how senior you are within your company. Remember: what you study should not only be based on what you earn, but rather on what you enjoy and excel at. When choosing what to study, it is a good idea to choose what industry you wish to work in, what your aspirations are, where your passions lie and whether money is the deciding fact, and then consider the earning prospects of different careers within the industry.
Another thing to keep in mind is that entrepreneurship is on the rise. Many of these careers, when looked at in a freelancing or entrepreneurship context, will allow you the ability to earn more as you are your own boss and you have the ability to decide how much effort and work you wish to put in.
Hard work pays off after all.
If you are trying to decide what to study or trying to choose between two fields, try and find someone to job shadow to find out what it’s like to work within a specific industry. EduConnect has loads of advice on choosing what to study, where to study and deciding what career path suits you best.