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We take a look at the average gross monthly earnings for various industries across South Africa for the last quarter of 2018. Which industry's employees earns the highest average gross monthly earnings? Is it employees active in the electricity industry (read ESKOM), or those active in the banking industry? Find out below
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Gross monthly earnings per industry for fourth quarter 2018
So which industry's employees earns the highest gross monthly earnings in South Africa? What is gross monthly earnings you ask? Gross monthly earnings includes salaries, overtime paid as well as bonuses. The average gross monthly earnings is calculated by dividing total gross earnings per industry per quarter by 3 to get gross earnings per month per industry. This is then divided by the number of employees in each of these industry to get an estimated gross monthly earnings per industry per employee.
The summary below, sorted in declining order shows the highest gross monthly earnings for the 4th quarter of 2018 per industry.
- Activities auxiliary to financial intermediation :R 57 951
- Electricity, gas, steam and water supply :R 57 661
- Coke oven products; petroleum refineries; processing of nuclear fuel :R 47 274
- Computer and related activities :R 45 497
- Air transport :R 45 068
- Architectural, engineering and other technical activities :R 42 642
- Extra Budgetary institutions :R 38 253
- Insurance and pension funding :R 37 506
- Financial intermediation (i.e. Banks) except insurance and pension funding :R 35 379
- Motor vehicles :R 35 331
- Legal, accounting, bookkeeping and auditing activities :R 34 367
- Collection, purification and distribution of water :R 34 360
- Medical appliances and instruments and appliances for measuring, checking, testing, navigating and for other purposes, except optical instruments :R 33 202
- Research and development :R 32 118
- Post and telecommunications :R 31 969
- Activities of membership organisattion :R 31 617
- Basic precious and non-ferrous metals :R 31 304
- National government departments :R 31 126
- Sea and coastal water transport :R 31 091
- General purpose machinery :R 30 963
- Health and social work :R 30 420
- Universities and technikons :R 29 995
- Provincial government departments :R 29 700
- Basic iron and steel :R 29 631
- Special purpose machinery :R 29 186
- Real estate activities :R 29 068
- Railway and tramway locomotives and rolling stock; aircraft and spacecraft :R 29 041
- Advertising :R 28 916
- Basic chemicals :R 28 721
- Electronic valves and tubes and other electronic components; television and radio transmitters and apparatus for line telephony and line telegraphy :R 28 154
- Office, accounting and computing machinery :R 27 804
- Other chemical products; man-made fibres :R 27 674
- Wholesale trade :R 27 598
- Rubber products :R 27 321
- Beverages and tobacco products :R 26 525
- Insulated wire and cable :R 26 286
- Non-gold :R 26 244
- Supporting and auxilliary transport activities :R 25 955
- Land transport and transport via pipelines :R 25 767
- Paper and paper products :R 24 866
- Casting of metals :R 24 595
- Parts and accessories for motor vehicles and their engines :R 24 333
- Publishing :R 23 476
- Optical instruments and photographic equipment; watches and clocks :R 23 274
- Local government :R 23 244
- Accumulators, primary cells and primary batteries :R 22 663
- Gold :R 22 436
- Other educational institutions :R 22 387
- Other community, social and personal services :R 22 038
- Electricity distribution and control apparatus :R 22 031
- Renting of machinery and equipment, without operator and of personal and household goods :R 21 812
- Television and radio receivers, sound or video recording or reproducing apparatus and associated goods :R 21 316
- Recerational, cultural and sporting activities :R 21 312
- Electric motors, generators and transformers :R 20 916
- Building installation :R 20 852
- Other electrical equipment n.e.c. :R 20 807
- Glass and glass products :R 20 787
- Building of complete constructions or parts thereof, civil engineering :R 20 020
- Other fabricated metal products; metalwork service activities :R 19 979
- Structural metal products, tanks, reservoirs and steam generators :R 19 609
- Building and repairing of ships and boats :R 19 392
- Household appliances n.e.c :R 19 351
- Other food products :R 18 007
- Printing and service activities related to printing; reproduction of recorded media :R 17 607
- Grain mill products, starches and starch products and prepared animal fat :R 17 466
- Plastic products :R 16 896
- Bodies for motor vehicles, trailers, and semi-trailers :R 16 442
- Site preparation :R 16 346
- Motor trade :R 16 215
- Non-metallic mineral products n.e.c :R 16 071
- Renting of construction/demolition equipment with operators :R 16 002
- Business activities n.e.c. :R 15 429
- Dairy products :R 15 427
- Building completion :R 14 969
- Manufacturing n.e.c :R 14 142
- Tanning and dressing of leather, luggage, handbags, saddlery and harness :R 13 010
- Transport equipment n.e.c :R 13 000
- Recycling n.e.c :R 12 903
- Other textiles :R 12 469
- Preparation and spinning of textile fibres; weaving of textiles :R 12 416
- Products of wood, cork, straw and plaiting materials :R 11 246
- Furniture :R 10 747
- Production, processing and preservation of meat, fish, fruit, vegetables, oils and fats :R 10 714
- Retail trade :R 10 176
- Footwear :R 10 088
- Other service activities :R 9 481
- Sawmilling and planing of wood :R 9 457
- Hotels and restaurants :R 9 325
- Wearing apparel, except fur;dressing and dying of fur, articles of fur :R 9 321
- Knitted and crocheted fabrics and articles :R 9 128
So the highest paid employees comes from the banking sector based on the data from the latest Quarterly Employment Statistics (QES) as published by Statistics South Africa. Electricity, gas, steam and water supply employees (mostly those working for ESKOM), comes a very close 2nd to the specific group of bankers. One wonders what they are getting paid for considering the amount of load shedding being experienced by South Africa right now. And the other question is why they are getting paid this much when ESKOM constantly pleads poverty and states it does not have money. Perhaps if it paid its employees a lot less it would actually have the money to run the utility properly and ensure we don't run out of electricity generating capacity.
The least paid employees in the formal sector of South Africa are those involved in the manufacture of knitted and crocheted fabrics and articles. With the gross monthly earnings just topping R9 000 a month. For more on formal sector employment see our Formal Business Sector page.
The least paid employees in the formal sector of South Africa are those involved in the manufacture of knitted and crocheted fabrics and articles. With the gross monthly earnings just topping R9 000 a month. For more on formal sector employment see our Formal Business Sector page.