Leading Careers In South Africa
It cannot be denied that our world has and is still experiencing the advancement of the jet age and the introduction of Artificial Intelligence, Virtual Reality and other technological modes.
In the light of these tremendous occurrences, there is a need to step up in your career field in order to meet up with a fast-changing global world.
According to a report published by the World Economic Forum, demographic and technological changes may lead to the net loss of about 5 million jobs by 2020. Despite the ongoing radical changes, there would still be certain occupations or career paths that would still be in demand.
It’s necessary to know where the highest demands for these jobs lie and think about structuring and fine-tuning your career to meet these demands. The ICT, financial and medical sectors have been predicted to maintain relevance come what may in our global world today.
With the vast developmental objectives of South Africa, there is an increasing need for education and training to be enhanced in order to improve the nation’s economy.
In no particular order, we have highlighted top careers that thrive in South Africa:
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- IT Managers
ICT as earlier stated is a field that has come to stay. And jobs in this field will continue to rank top in career paths.
An IT manager monitors operational requirements, research strategies, technology solutions and builds the most cost-effective and efficient systems. As the need for efficient technology in order to enhance business operations is on the increase today, there is a higher demand for IT managers and professionals. Their job is highly complex and as such, they can expect the starting sum of R620,230 per year. This is expected to grow as their expertise in the profession grows.
The aviation sector is one of the high revenue generating sectors in the country. And the industry is not a place one could just work in without adequate training
It is a certainty that the work of a pilot is not one that can be done by any other person except one who is as well-trained and just as skillful. It is indeed a hard career path that requires certain flying hours to become a qualified pilot for any big airline while also having in mind that this also costs lots of money. Qualified and experienced pilots in South Africa get R 695,800 per annum.
- Chartered Accountant
This period, senior managers will be needed in company boards to help navigate them through transformational processes.
A career in chartered accountancy certainly isn’t for everyone as it requires sacrifice and discipline. It usually takes at least four years of academic study at South Africa’s top universities and another three years of practical training to become a fully certified chartered accountant. Although all of these educational trainings are not put to waste as the career is a highly rewarding one. The average pay of a Chartered Accountant is R434,191 per year.
An actuary is a business professional who deals with the financial impact of risk and uncertainty. Almost every industry is occupied with market and consumer data and how that information can be used to their advantage. Risk is involved in every business but being able to minimize those risks is one of the obsessions of companies and industries thus an actuary is a rare but highly needed asset in every business or company.
To be an Actuary, you’ll need a math degree. Actuaries examine the potential of an uncertain event to happen – such as an earthquake, hurricane, or other natural disasters – and assess the impact of financial losses. You must have a strong background in asset management, liability management, business, and analytical skills, as well as a deep understanding of human behavioral patterns. Experienced Actuaries receive approximately 598 055 per annum
- Specialist Doctors
The healthcare field is one that continues to grow with no end in sight and provides good career opportunities for those in the field.
Medical specialists are doctors who have completed advanced education and clinical training in a specific area of medicine. The salary range for doctors is highly dependent on the specialty of that doctor. Neurosurgeons often are at the higher end of the spectrum, while a general practitioner would be at the lower end. Despite the limitless options this career path provides, the years of schooling may stop many from pursuing a medical degree. But it is a highly rewarding profession especially with the shortage of qualified medical personnel. Depending on the rank or specialty, specialist doctors receive between R476,000 to R616,000 a year.
- Software Engineers
As companies experience digital transformation, the need for professionals in ICT increases. Startups and big companies are looking for innovative software engineers that will help to improve the company’s computer programs. As such, one of the highest paying jobs in South Africa is software engineering. Software Engineers manage the design, development, and maintenance of software programs.
Software engineering is a new generation field that is quickly becoming one of the country’s most important professions. Software engineers most likely have degrees in computer science and programming, and the higher-paid professionals will also have graduate-level degrees and a wealth of professional experience. A Software Engineer earns approximately R1.2 million rand per annum.
Technology is becoming deeply interwoven with business operations and soon the Software engineers might soon become indispensable.
- Petroleum Engineers
The demand for skilled professionals in the engineering sector will continue to increase with the coming years.
Petroleum engineering is a combination of innovation and exploration and it requires a lot of intelligence and training. Petroleum engineering is a course at the university that requires a lot of discipline and sacrifice in the study in order to come out successful. It is, therefore, one of the highest paying jobs in South Africa. The career path demands tremendous dedication and commitment. The salary of a South African petroleum engineer is R572, 600 per year.
- Management Consultant
Data is at the core of every business now as it affects companies’ products and sales.
Management Consultants help organizations to improve their performance majorly through analysis. They do this by analyzing raw data and trends that can help to predict consumer behavior, existing organizational problems and also help to provide feedbacks that will create development plans for improvement. Based on their level of expertise and the company involved, a management consultant can earn between R392,000 rand and R672,000 yearly.
Legal matters will always arise while conducting business matters. No individual or business organization is immune from this. Legal matters require expert legal understanding and advise and this makes lawyers be constantly in high demand. Starting salaries for qualified lawyers in South Africa are between R643,440 and R655,000 per annum. This increases with more years of practice and higher expertise.
- Air Traffic Controller
This is also another impressive career path in the aviation sector. Air Traffic Controllers coordinate the movement of air traffic to ensure that aircraft stay safe distances apart. Not so many people are willing to undertake it as it is one of the most stressful jobs because a great amount of concentration will be required to ensure that no aircraft moves in the wrong lane at the wrong time. The tasking requirements of this job are also rewarding as air traffic controllers can be expected to earn around R583,450 yearly.
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Highest Paying Jobs in South Africa FAQs
What jobs are in high demand?
However, IT is of great demand following the invention and global trend the world is experiencing. So, IT is in high demand as every other sector need a touch of information technology to grow in business.
What is the highest paying Job in the World?
According to US news, Anesthesiologist earn highest in the world. However, remember that your pay can be influenced by entry-level, qualification and years of experience.
How much is an Engineer paid in South Africa?
The average salary for a Mechanical Engineer is R 466 662 per year in South Africa. Also, according to payscale.com, an early career Civil Engineer with 1-4 years of experience earns an average total compensation of R326,150 based on 853 salaries. Furthermore, on average a skilled automotive engineer earns between R26 922 and R32 202 per month in SA and a senior automotive engineer between R29 917 and R43 333 per month.
Are you a South African student? Well, see how much you may earn if you choose any of these top 10 highest paying jobs in South Africa.