How much do you earn annually?

[EADC]

At least I have some company

 

[Pho3nix]

Market at the moment is a bit rough tbh, understand people not looking for new jobs now

 

[Pho3nix]

Yeah, but people are trolling now - at least they said they were going to in order to skew the poll.

Majority aren't trolling

 

[I.am.Sam]

Why not.
Many, if not most on this forum have some form of tertiary education, many holding university degrees.
We have a couple of dentists here, some pharmacists, a few doctors, some engineers, a couple of lawyers, many business owners - all local.

fool

everyone is a expert on mybb

dont come here with your paper kark

 

[maumau]

R1M in SA may be fine but it won't get you far in the First World.

 

[deweyzeph]

R1M in SA may be fine but it won't get you far in the First World.

It doesn't get you very far in SA either, at least not if you want to live a nice comfortable middle class lifestyle.

 

[Sinbad]

You think those guys are in SA?

I was in that bracket in SA before I left.
I voted Other though.

 

[maumau]

I was in that bracket in SA before I left.
I voted Other though.

Nice when guys have it but don't flaunt it

You were also one of the 2 I thought of who'd emigrated. Just thought of a third.

 

[maumau]

It doesn't get you very far in SA either, at least not if you want to live a nice comfortable middle class lifestyle.

Hmmm, the few I know live well with occasional overseas trips, nice houses and cars etc. But they're on the older side with children who have finished university etc so no extra expenses or heavy debt.

(Except for one guy who put it all up his nose, now he's back pedalling, trying to get himself and his GF into a nice lifestyle )

 

[deweyzeph]

Hmmm, the few I know live well with occasional overseas trips, nice houses and cars etc. But they're on the older side with children who have finished university etc so no extra expenses or heavy debt.

(Except for one guy who put it all up his nose, now he's back pedalling, trying to get himself and his GF into a nice lifestyle )

The days of South Africa being a cheap place to live are long over. If you want to live a 1st world life in SA then you have to earn a 1st world salary.

 

[Corelli]

The days of South Africa being a cheap place to live are long over. If you want to live a 1st world life in SA then you have to earn a 1st world salary.

You know the Americans complain because an annual salary of $150k isnt enough to live off. WTF seriously.

 

[koeks525]

People on MyBroadband got money... the majority (37,1% of the votes) claim to earn over 1 million per year. Maybe MyBB should open a dating site so some of us can look for real sugar daddies who serve all that quality sugar.

I'm in the upper-end of the the R600-R999K bracket. Need to job-hop one more time to go past a million, hahaha.

 

[Johnatan56]

Depends on the industry. In software development R1m gross is pretty mid-level these days. A lot of senior devs are making double that.

That's around R85k gross, don't think that's mid-level.

Software Developer Salary Trends in South Africa

OfferZen flips the normal recruitment model around, so instead of applying for jobs, companies send you interview requests with upfront salary.

www.offerzen.com

Is South Africa's average from 2024.

So upper 6-10 year range / senior, and average of "upper" senior.
For most if they hit around 35-40, they should be nearing it as a software dev, and you'll usually stagnate there.

The lack of inflation adjustment for many is pretty bad, some of the figures in the table I hit at least a bracket early compared to years a few years ago, without accounting for the rampant inflation post 2020.

You also have to take taxes into account, that's why the poll is a bit off, since low income earners the 18-26% isn't that much of a hit vs 45%. To earn R86.5k pm net (so ~R1m/year), you need to earn R130k gross (R1.56m/year).
Once you hit around R700k and up, taxes start becoming a lot more noticeable for most (39%), also since most offset that 31-36% jump there with retirement deductions.

 

[rvZA]

Looking at the poll results, I see there is a lot of government workers on this forum earning R1m+ a year.

 

[Rumple4skin]

Difference being the McDonald’s worker in the US had a monster student loan they’ll never see any use for, potential of a medical emergency bankrupting them and somehow will never own a property even though interest rates are near non-existent.

Oke earning that in SA is likely already living in a house of their own.

So I would say we are comparatively rich compared to Americans in that same directly converted bracket.

You are rich if you stay in your SA bubble and plan to retire here and not travel.

Nice when guys have it but don't flaunt it

You were also one of the 2 I thought of who'd emigrated. Just thought of a third.

I'm sure there are many more quiet members here who earn a lot and don't care about hinting about it or don't have the time to engage like the regulars.

The days of South Africa being a cheap place to live are long over. If you want to live a 1st world life in SA then you have to earn a 1st world salary.

I dunno bout that. It's still way cheaper than most 1st world countries. Go try pay rent or and buy property in those countries.

 

[Rumple4skin]

More appropriate poll might be how much do you actually save. Some people still live paycheck to paycheck even on big salaries. Tax brackets also differ around the world, although I know this is aimed at people living in SA.

 

[W@P]

Money is worth nothing these days. I remember as a kid we would go to Makro and walk out with 3-4 trolleys scraping their bellies and a till slip from the door all the way to the car. Almost a whole roll of that till slip paper.

Try that shiit today and you'd be broke AF.

 

[TheMightyQuin]

Hmmm, the few I know live well with occasional overseas trips, nice houses and cars etc. But they're on the older side with children who have finished university etc so no extra expenses or heavy debt.

(Except for one guy who put it all up his nose, now he's back pedalling, trying to get himself and his GF into a nice lifestyle )

All your posts here make you seem upset...

Is it the thread in general or the fact that other people have more money than you?

I've said it before: stop being poor. Earn more money.

 

[TheMightyQuin]

Nice when guys have it but don't flaunt it

You were also one of the 2 I thought of who'd emigrated. Just thought of a third.

Who's flaunting it? According to you, most people here that claim the R1mil mark, are lying.

 

[koeks525]

That's around R85k gross, don't think that's mid-level.
View attachment 1695359

Software Developer Salary Trends in South Africa

OfferZen flips the normal recruitment model around, so instead of applying for jobs, companies send you interview requests with upfront salary.

www.offerzen.com

Is South Africa's average from 2024.

So upper 6-10 year range / senior, and average of "upper" senior.
For most if they hit around 35-40, they should be nearing it as a software dev, and you'll usually stagnate there.

The lack of inflation adjustment for many is pretty bad, some of the figures in the table I hit at least a bracket early compared to years a few years ago, without accounting for the rampant inflation post 2020.

You also have to take taxes into account, that's why the poll is a bit off, since low income earners the 18-26% isn't that much of a hit vs 45%. To earn R86.5k pm net (so ~R1m/year), you need to earn R130k gross (R1.56m/year).
Once you hit around R700k and up, taxes start becoming a lot more noticeable for most (39%), also since most offset that 31-36% jump there with retirement deductions.

Yip, I cry each month when I see R20K going to PAYE taxes each month. You start feeling the taxes the higher up you go in the tax brackets.

I don't think most mid-level devs are earning "big bucks". In my opinion, I think most SA software developers earn market related salaries, while a few earn well-above the market average for a myriad of reasons. I use the OfferZEN market research articles to determine what I should NOT be earning for my current level, hahaha.

At a previous company I worked for, the CTO sent me this article, to justify "fair pay" (after rejecting my promotion), when I know you can get as much money as you want; you don't have to peg your earnings to the "market average". This list makes me want to switch jobs again in a year's time, hahaha .