Earning by age category

MickeyD said:
This should be the aspiration... I have no idea what the current averages are. I posted MY opinion.
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Yes I understand it's your opinion and I'm not trying to pick a fight just trying to understand which vantage point you are seeing this from because your values seem completely out of touch with reality.

For instance I don't see a person going beyond 45-50k a month on salary alone in their working life in 2014. Not an average person with a degree and good at their job.

I see specialist and experts in their fields getting more, but again those aren't average people.
 
MickeyD said:
*cough*

20-29 = R20k
30-39 = R40k
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Okay that makes it a little bit more sensible if we start assuming their hit those salaries towards the latter parts of those age brackets.

Thanks it's a bit more sensible now.
 
So actually it should read...


30+ - R20k/m

40+ - R40k/m

50+ - R60k/m

60+ - R80k/m


I don't agree with the monumental increases from 50 upwards though, not salary alone. I expect things to taper off and maybe max out at 60k.


But then again according to that other thread everyone is on a minimum of one bar a year or 83k a month, so what do I know.
 
SauRoNZA said:
So actually it should read...


30+ - R20k/m

40+ - R40k/m

50+ - R60k/m

60+ - R80k/m


I don't agree with the monumental increases from 50 upwards though, not salary alone. I expect things to taper off and maybe max out at 60k.


But then again according to that other thread everyone is on a minimum of one bar a year or 83k a month, so what do I know.
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Like you and a couple of us said before it depends on the industry. My brother is a draftsman and there is no way he is hitting MickeyD's numbers. I'm a software developer and can assure you a lot of them (most?) will be over or very close to R40k by the time they are 30
 
Hamster said:
Like you and a couple of us said before it depends on the industry. My brother is a draftsman and there is no way he is hitting MickeyD's numbers. I'm a software developer and can assure you a lot of them (most?) will be over or very close to R40k by the time they are 30
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Precisely.

And yes they will hit 40k quite early but will plateau just we early.

I don't see a software developer hitting 80k unless changing into the management side of things, or running their own development house.
 
minimums....
Yrs Exp vs Salary
3-5+ - R20k/m (subtract 1 with bachelors, 2 with honors, 3 with masters)
05+ - R28k/m
10+ - R40k/m
20+ - R60k/m
30+ - R80k/m
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Sounds about right, although the upper end of that scale could be stretched, industry depending.
I got early 20k's when I entered the it industry, but it's all seriously dependent on where/what/who.
 
There's a lot of luck in getting high salaries. Being good at your job is only half of it. Many years back I left a job paying R11500 because I didn't get the reaise I wanted, R15k. Then I did a 3 week contract job for R160/h, and after that got hired by another contracting company. They knew my last job paid R160/h so they kept it at that rate. Went from R11500 to +- R28k (at 24 in 2003 it was a lot!) and never looked back. At one point though I did take a 30% pay cut to get the job I'd been dreaming of since a kid, but the salary there also caught up :)
 
I would say if you have relevant degree:

20-23: R10k-R15k
24-25: R15k-R25k
26-30: R23k-R35k
30-35: R30k-R40k
35-45: R40k-R60k


This is just so that you are doing OK and should be able to earn that by that age. I am 32 and should be earning at least 30k and should be nearing 40k actually. Then you should be able to afford middle class living.
 
Stefanmuller said:
I would say if you have relevant degree:

20-23: R10k-R15k
24-25: R15k-R25k
26-30: R23k-R35k
30-35: R30k-R40k
35-45: R40k-R60k


This is just so that you are doing OK and should be able to earn that by that age. I am 32 and should be earning at least 30k and should be nearing 40k actually. Then you should be able to afford middle class living.
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For an average job, those figures seems right.

We've hired the following in the past three months.

1. SQL/BI Developer. R35K, Age 28
2. PHP/Web Developer. R15K, Age 23
3. Java/Web Developer. R16K, Age 25

There are exceptions to the norm...
For example...my friend in finance earns +40K
 
Hamster said:
Like you and a couple of us said before it depends on the industry. My brother is a draftsman and there is no way he is hitting MickeyD's numbers. I'm a software developer and can assure you a lot of them (most?) will be over or very close to R40k by the time they are 30
Click to expand...

I'll be well over 60 next year, 31.
 
VG008 said:
For an average job, those figures seems right.

We've hired the following in the past three months.

1. SQL/BI Developer. R35K, Age 28
2. PHP/Web Developer. R15K, Age 23
3. Java/Web Developer. R16K, Age 25

There are exceptions to the norm...
For example...my friend in finance earns +40K
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****ing slave wages.
 
SauRoNZA said:
Precisely.

And yes they will hit 40k quite early but will plateau just we early.

I don't see a software developer hitting 80k unless changing into the management side of things, or running their own development house.
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Devs in our company earn those regions :P
 
semaphore said:
I'll be well over 60 next year, 31.
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Yes but you are the exception to us normal exceptions

Although I'm only 27 so three/four years to get to 31 before I can really comment
 
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Stefanmuller said:
I would say if you have relevant degree:

20-23: R10k-R15k
24-25: R15k-R25k
26-30: R23k-R35k
30-35: R30k-R40k
35-45: R40k-R60k


This is just so that you are doing OK and should be able to earn that by that age. I am 32 and should be earning at least 30k and should be nearing 40k actually. Then you should be able to afford middle class living.
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40K middle class living? You do live in SA right ?:P
 
I should have gone into coding it seems, even though it bores me to tears at least it would have been worth the money.
 
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