A person working as Managing Director in South Africa typically earns around 56,900 ZAR. Salaries range from 27,900 ZAR (lowest) to 88,800 ZAR (highest).
This is the average salary including housing, transport, and other benefits. Managing Director salaries in South Africa vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Salaries for the position Managing Director in South Africa range from 27,900 ZAR (starting salary) to 88,800 ZAR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 53,100 ZAR, half of the professionals who work as Managing Director in South Africa earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Managing Director in South Africa earn less than 43,400 ZAR, while 75% earn more. Similarly, the chart shows that 75% earn less than 60,700 ZAR while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Managing Director in South Africa compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 33,100 ZAR to 46,600 ZAR. About 20% of salaries are below the 33,100 ZAR mark, while 10% fall within the range of 46,600 ZAR to 52,700 ZAR. Only 5% of individuals have salaries exceeding 52,700 ZAR.