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LIFE INSURANCE / SALARY
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SALARY SURVEYS
6 |
UPDATED June 2024 About salary data? |
CALCULATE YOUR OPTIMUM SALARY!
(based on your career and experience) |
| AVERAGE SALARY / YEAR | MOST TYPICAL SALARY / YEAR |
Gross income
Net (after tax)
18.3 ZAR = 1 USD |
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1,694,940 ZAR$92,644 USDJohannesburg 1,586,870 ZAR |
585,446 ZAR$32,000 USDIncluding "Johannesburg" Excluding "Johannesburg" |
Average salary for Life Insurance / South Africa is 1,694,940 ZAR per year. The most typical earning is 585,446 ZAR. All data are based on 6 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,665,610 ZAR. Women receive a salary of 1,394,094 ZAR.
Based on education, the highest salaries receive people with Masters Degree with salary of 2,629,020 ZAR. The second most paid education level is Doctorate Degree with salary of 2,453,386 ZAR.
Different experiences affect earning as well. People with 20+ Years of experience receive salary of 2,577,793 ZAR. Employees with 12-16 Years of experience receive 1,619,125 ZAR.
| Salary Levels (ZAR) per Year | Surveys | [%] |
|---|---|---|
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54,900 ZAR -
91,499 ZAR
|
0 |
n/a
|
|
91,500 ZAR -
182,899 ZAR
|
0 |
n/a
|
|
183,000 ZAR -
274,399 ZAR
|
0 |
n/a
|
|
274,400 ZAR -
365,899 ZAR
|
0 |
n/a
|
|
365,900 ZAR -
457,399 ZAR
|
0 |
n/a
|
|
457,400 ZAR -
548,799 ZAR
|
0 |
n/a
|
| THE MOST TYPICAL SALARY | ||
|
548,900 ZAR -
640,299 ZAR
|
1 |
100%
16.67% |
|
640,300 ZAR -
731,799 ZAR
|
1 |
83.33%
16.67% |
|
731,800 ZAR -
823,299 ZAR
|
0 |
n/a
|
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823,300 ZAR -
914,699 ZAR
|
0 |
n/a
|
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914,800 ZAR -
1,006,199 ZAR
|
0 |
n/a
|
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1,006,200 ZAR -
1,097,699 ZAR
|
0 |
n/a
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1,097,700 ZAR -
1,189,199 ZAR
|
1 |
66.67%
16.67% |
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1,189,200 ZAR -
1,280,599 ZAR
|
0 |
n/a
|
|
1,280,700 ZAR -
1,372,099 ZAR
|
0 |
n/a
|
|
1,372,100 ZAR -
1,463,599 ZAR
|
0 |
n/a
|
|
1,463,600 ZAR -
1,555,099 ZAR
|
0 |
n/a
|
|
1,555,100 ZAR -
1,646,499 ZAR
|
0 |
n/a
|
|
1,646,600 ZAR -
1,737,999 ZAR
|
0 |
n/a
|
|
1,738,000 ZAR -
1,829,499 ZAR
|
0 |
n/a
|
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1,829,500 ZAR -
1,920,999 ZAR
|
0 |
n/a
|
|
1,921,000 ZAR -
2,012,499 ZAR
|
0 |
n/a
|
|
2,012,500 ZAR -
2,103,899 ZAR
|
0 |
n/a
|
|
2,103,900 ZAR -
2,195,399 ZAR
|
0 |
n/a
|
|
2,195,400 ZAR -
2,286,899 ZAR
|
0 |
n/a
|
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2,286,900 ZAR -
2,378,399 ZAR
|
0 |
n/a
|
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2,378,400 ZAR -
2,469,799 ZAR
|
1 |
50%
16.67% |
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2,469,900 ZAR -
2,561,299 ZAR
|
0 |
n/a
|
|
2,561,300 ZAR -
2,652,799 ZAR
|
1 |
33.33%
16.67% |
|
2,652,800 ZAR -
2,744,299 ZAR
|
1 |
16.67%
16.67% |
| HIGH SALARIES | ||
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2,744,300 ZAR -
2,927,199 ZAR
|
0 |
n/a
|
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2,927,200 ZAR -
3,110,199 ZAR
|
0 |
n/a
|
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3,110,200 ZAR -
3,293,099 ZAR
|
0 |
n/a
|
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3,293,100 ZAR -
3,476,099 ZAR
|
0 |
n/a
|
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3,476,100 ZAR -
3,658,999 ZAR
|
0 |
n/a
|
|
3,659,000 ZAR -
3,841,999 ZAR
|
0 |
n/a
|
|
3,842,000 ZAR -
4,024,899 ZAR
|
0 |
n/a
|
|
4,024,900 ZAR -
4,207,899 ZAR
|
0 |
n/a
|
|
4,207,900 ZAR -
4,390,799 ZAR
|
0 |
n/a
|
|
4,390,800 ZAR -
4,573,799 ZAR
|
0 |
n/a
|
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4,573,800 ZAR -
6,403,299 ZAR
|
0 |
n/a
|
| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | Masters Degree | 1 | 2,629,020 ZAR |
|
| 2 | Doctorate Degree | 1 | 2,453,386 ZAR |
|
| 3 | Bachelors Degree | 3 | 1,492,888 ZAR |
|
| 4 | Some College | 1 | 611,059 ZAR |
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| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | 20+ Years | 2 | 2,577,793 ZAR |
|
| 2 | 12-16 Years | 2 | 1,619,125 ZAR |
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| 3 | 16-20 Years | 1 | 1,117,836 ZAR |
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| 4 | 2-4 Years | 1 | 654,968 ZAR |
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| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | Permanent | 6 | 1,694,135 ZAR |
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| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | eThekwini | 1 | 2,704,030 ZAR |
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| 2 | Johannesburg | 4 | 1,586,193 ZAR |
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| 3 | Tshwane | 1 | 1,117,836 ZAR |
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| City | Education | Experience | Knowledge | Gross salary / year |
| eThekwini | Bachelors Degree | 20+ Years | n/a | 2,703,600 ZAR |
| City | Education | Experience | Knowledge | Gross salary / year |
| Johannesburg | Doctorate Degree | 20+ Years | n/a | 2,453,400 ZAR |
