05
AVERAGE SOUTH AFRICAN PROPERTY SALARY
Average SA Salary
What is your current annual base salary? (exclude all benefits such as bonuses, car, etc)
The average salary (excluding bonuses and other benefits) of the respondents to this year’s survey is R376,038, down from R410,414 (or -8.4% year on year). The decline in the average salary could be attributed to the higher percentage of “junior” respondents in comparison to last year. However in real terms (real industry change) the average salary across the industry has risen by 9.1%.
R100.000 R170.000 R240.000 R310.000 R380.000 R450.000
R100.000 R170.000 R240.000 R310.000 R380.000 R450.000
410.4 376.0
2009
2010
Change in Salary
What change (if any) was made to your annual salary at your last pay review?
(*= average increase of those respondents who reported a salary increase offset against those who reported a salary decrease as a %) (Please note: 324 respondents did respond to question & not included with % figures)
Base: All giving an answer (2010: 1.039)
12 6 -1
661 or 64%
-8
-8
-14
-14 -21
-27 -34
Middle East
10 8 6 4 3 1 -1 -3
-3
-5
-2.8% -2.5%
10.5%
5.2%
Asia Europe UK
-27 -34 -40
-40
South Africa
9.1%
-9.1%
6.0%
Real Industry Change by Global Region
What change (if any) was made to your annual salary at your last pay review?
The real industry change in salaries (respondents who report a salary increase offset by those who reported a salary decrease) illustrates one of the strongest performances globally in the property sector when compared to other regions where a similar survey has been undertaken during the last 12 months.
(*= average increase of those respondents who reported a salary increase offset against those who reported a salary decrease as a %)
-31.4%
22 or 2% of respondants of respondants
0.0%
356 or 34% of respondants Average across 1,039 respondants
Average Salary Increase
10.5% -9.1%
No Change Average Salary Decrease
Real
Industry Change*
PART OF THE CD RICHARD ELLIS NETWORK
The 2010 South African Salary, Rewards & Attitudes Survey
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