Starting salaries for banking and finance jobs in South Africa in 2023 – including graduates

Professional recruitment firm Robert Walters has published the salary data from its 2023 South African Salary Survey, showing what entry-level or starting salaries graduates can expect in the finance, legal and technology sectors.

As has been widely reported, South African businesses are in dire need of skills across almost every sector – but as the Robert Walters survey shows, this does not mean that qualified professionals are guaranteed a job. Accounting, finance, banking and financial services professionals showed medium levels of demand, with the firm noting that it is “fairly easy” to hire in those sectors. The Human Resources, legal and technology sectors, meanwhile, are seeing low demand, with it being very easy to hire, Robert Walters said.

Where applicable, the salary ranges were also split across years of experience, with 33 jobs listed for those with zero to two/three years experiences, indicating their entry-level or starting salaries.According to Robert Walters, associates at large law firms start out on the best footing, with the expected salary in 2023 starting at R900,000 per annum.

Source: News Formal (newsformal.com)

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