How Much Does A Project Manager Earn In South Africa

A project manager is a professional in the field of project management. Project managers have the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; regardless of industry.

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Below are salaries earn by a Project Manager Earn In South Africa

A person working as a Project Manager in South Africa typically earns around 41,000 ZAR per month. Salaries range from 20,100 ZAR (lowest) to 64,000 ZAR (highest).

This is the average monthly salary including housing, transport, and other benefits. Project Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Project Manager Salary Distribution in South Africa

The median, the maximum, the minimum, and the range

Salary Range

Project Manager salaries in South Africa range from 20,100 ZAR per month (minimum salary) to 64,000 ZAR per month (maximum salary).

Median Salary

The median salary is 41,800 ZAR per month, which means that half (50%) of people working as Project Manager(s) are earning less than 41,800 ZAR while the other half are earning more than 41,800 ZAR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Percentiles

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Project Manager(s) are earning less than 27,900 ZAR while 75% of them are earning more than 27,900 ZAR. Also from the diagram, 75% of Project Manager(s) are earning less than 54,000 ZAR while 25% are earning more than 54,000 ZAR.

Project Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Project Manager salaries by experience level and this is what we found.

A Project Manager with less than two years of experience makes approximately 23,800 ZAR per month.

While someone with an experience level between two and five years is expected to earn 30,600 ZAR per month, 29% more than someone with less than two year’s experience.

Moving forward, an experience level between five and ten years lands a salary of 42,200 ZAR per month, 38% more than someone with two to five years of experience.

Additionally, Project Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 52,300 ZAR per month, 24% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 56,100 ZAR per month, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 59,800 ZAR per month, 7% more than people with fifteen to twenty years of experience.

Project Manager average salary change by experience in South Africa

0 – 2 Years23,800 ZAR
2 – 5 Years+29%30,600 ZAR
5 – 10 Years+38%42,200 ZAR
10 – 15 Years+24%52,300 ZAR
15 – 20 Years+7%56,100 ZAR
20+ Years+7%59,800 ZAR

Project Manager Salary Comparison By Education

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Project Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Project Manager is 29,700 ZAR per month.

While someone with a Certificate or Diploma gets a salary of 34,100 ZAR per month, 15% more than someone having a High School degree.

A Bachelor’s Degree gets its holder an average salary of 46,000 ZAR per month, 35% more than someone with a Certificate or Diploma.

Professionals who hold a Master’s Degree are rewarded with an average salary of 57,800 ZAR per month, 26% more than someone with Bachelor’s Degree.

Project Manager average salary difference by education level in South Africa

High School29,700 ZAR
Certificate or Diploma+15%34,100 ZAR
Bachelor’s Degree+35%46,000 ZAR
Master’s Degree+26%57,800 ZAR

Project Manager Salary Comparison By Gender

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Project Manager employees in South Africa earn 8% more than their female counterparts on average.

Male42,300 ZAR
Female-7%39,200 ZAR

Project Manager Average Annual Salary Increment Percentage in South Africa

How much are annual salary increments in South Africa for Project Manager(s)?

How often do employees get salary raises?

Project Manager

Project Manager(s) in South Africa are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Project Manager Bonus and Incentive Rates in South Africa

How much and how often are bonuses being awarded?

A Project Manager is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

19% of surveyed staff reported that they haven’t received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
81%

No Bonus
19%

Project Manager Average Hourly Wage in South Africa

The average hourly wage (pay per hour) in South Africa is 240 ZAR. This means that the average Project Manager in South Africa earns approximately 240 ZAR for every worked hour.

How much are project managers paid in South Africa?

Per annum, in South Africa specifically, the amount can range from R500,000 a year for a mid-level position, to over R1 million a year for a more senior project manager, with over 20 years of experience. If you’re a junior in the industry and just starting out, you can expect to earn up to R300,000 a year.

Are project managers in demand in South Africa?

As such, the demand for skilled project managers in South Africa is on the rise. The average yearly salary for qualified project managers in the engineering sector is R503 554. And when an education in project management is backed up by a few years’ experience that figure gets closer to R700 000 a year. 2.

Is project management a good career in South Africa?

Project Manager

The demand will always be high. There is a high demand as they oversee all projects, from the start to the end, ensuring its success. The success of the projects they manage directly impacts the success of the company. With so many industries to work in, this is a great career path to follow.

How do I become a project manager in South Africa?

There are no specific entry requirements to becoming a project manager. However, some employers prefer you to have a diploma or degree in project management, or in an area you might specialize in, such as engineering, or information and communication technology.

What subjects are needed to become a project manager in South Africa?

A bachelor’s degree in organizational management, engineering, marketing, finance, information technology or project management. You’ll be able to use one of these key academic foundations with experience you’ll gain working on project-related tasks to successfully prepare for your career.

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