Earning by age category

Hamster said:
You want the figure of working 18-55 year olds or the average of all 18-55 year olds in South Africa?
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Both would be nice. I actually wanted to know what the previous poster deems as average.
 
CamiKaze said:
Both would be nice. I actually wanted to know what the previous poster deems as average.
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lol, I know :p The all inclusive national average is probably only slightly higher than **** all
 
CamiKaze said:
Both would be nice. I actually wanted to know what the previous poster deems as average.
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Considering the demo graphics of SA, the average earnings of someone 18-55 will be a lot lower than you think. I'm thinking roughly R15k.

But if we only consider highly skilled workers, or white collar workers, then I would say that you should be earning R30k by the time you turn 30. Perhaps we should say R1k per month per year of age?

Many people here will earn more than that, but I think that is a good start. If you earn more than your age montly in thousands, you are doing okay.
 
Ancalagon said:
Considering the demo graphics of SA, the average earnings of someone 18-55 will be a lot lower than you think. I'm thinking roughly R15k.

But if we only consider highly skilled workers, or white collar workers, then I would say that you should be earning R30k by the time you turn 30. Perhaps we should say R1k per month per year of age?

Many people here will earn more than that, but I think that is a good start. If you earn more than your age montly in thousands, you are doing okay.
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I was thinking the same thing the other day. If you are earning your Age x thousands then you are doing fairly ok.
 
CamiKaze said:
I was thinking the same thing the other day. If you are earning your Age x thousands then you are doing fairly ok.
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Not the best of benchmarks imo.

e.g. 30 to 31 is a 3.3% increase....doesn't even beat inflation.
 
Looking at this thread, seems i get paid quite well (>30k but < 40k CTC) for a 26y/o software developer (3.5 years exp and BSc Hons)
 
nakedpeanut said:
Looking at this thread, seems i get paid quite well (>30k but < 40k CTC) for a 26y/o software developer (3.5 years exp and BSc Hons)
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Pretty good for your years exp, but sounds about right for your age
 
DA-LION-619 said:
I think also the cost of living in Jhb is also a factor.
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About a year ago PE and JHB were rated as the two cities in RSA with the lowest cost of living in relation to the average salary earmed.
 
HavocXphere said:
Not the best of benchmarks imo.

e.g. 30 to 31 is a 3.3% increase....doesn't even beat inflation.
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I think as we get older and as inflation devalues our currency further, it will have less relevance. But today, I feel that if you are 30 and earning R30k, you are doing okay. It should be the minimum that a skilled worker aims for. But yeah, if that is your increase, you are being shafted. And it would be worse the older you are - ie going from R24k to R25k when you turn 25 is better than going from R49k to R50k when you turn 50.
 
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