A person working as Blockchain Developer in South Africa typically earns around 28,700 ZAR per month. Salaries range from 14,900 ZAR (lowest) to 43,900 ZAR (highest).
This is the average monthly salary including housing, transport, and other benefits. Blockchain Developer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Blockchain Developer salaries in South Africa range from 14,900 ZAR per month (starting salary) to 43,900 ZAR per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
The median salary is 26,100 ZAR per month, which means that half (50%) of people working as Blockchain Developer(s) are earning less than 26,100 ZAR while the other half are earning more than 26,100 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Blockchain Developer(s) are earning less than 21,600 ZAR while 75% of them are earning more than 21,600 ZAR. Also from the diagram, 75% of Blockchain Developer(s) are earning less than 29,600 ZAR while 25% are earning more than 29,600 ZAR.
We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 16,900 ZAR to 23,100 ZAR. Approximatly 20% fall under the 16,900 ZAR cap. Ten percent of wages are from 23,100 ZAR to 26,000 ZAR. Only 5% of people grossed 26,000 ZAR or more.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|15 - 20 Years||+9%|
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 Blockchain Developer salaries by experience level and this is what we found.
Employees with less than two years of experience makes approximately 16,900 ZAR per month.
While someone with an experience level between two and five years is expected to earn 22,700 ZAR per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 29,500 ZAR per month, 30% more than someone with two to five years of experience.
Additionally, Blockchain Developer whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,800 ZAR per month, 21% 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 39,100 ZAR per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 41,100 ZAR per month, 5% more than people with fifteen to twenty years of experience.
|Certificate or Diploma|
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 Blockchain Developer salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary is 20,100 ZAR per month.
While someone with a Bachelor's Degree gets a salary of 30,600 ZAR per month, 52% more than someone having a Certificate or Diploma degree.
People with Master's Degree have an average salary of 43,300 ZAR per month, 42% more than someone with a Bachelor's Degree.
A Master's degree program or any post-graduate program in South Africa costs anywhere from 156,000 Rand(s) to 467,000 Rand(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Blockchain Developer employees in South Africa earn 8% more than their female counterparts on average.
Blockchain Developer(s) in South Africa are likely to observe a salary increase of approximately 11% every 20 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in South Africa for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
"Blockchain Developer" is considered to be a moderate bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
48% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
|Average Salary 2019|
|Average Salary 2020||+4%|
|Average Salary 2021||+2%|
|Average Salary 2022||+3%|
Blockchain Developer salaries in South Africa are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The minimum pay rate per hour for 'Blockchain Developer' in South Africa is 86 ZAR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
The average salary for Blockchain Developer is 4% more than that of Other IT. Also, Other IT salaries are 12% less than those of Information Technology.
|Job Title||Average Salary|
|Applications System Specialist||27,500 ZAR||-4%|
|Artificial Intelligence and Machine Learning Specialist||39,800 ZAR||+39%|
|Artificial Intelligence Developer||39,800 ZAR||+39%|
|Blockchain Associate||30,700 ZAR||+7%|
|Blockchain Developer||28,700 ZAR||+0%|
|Computer Animator||27,500 ZAR||-4%|
|Computer Hardware Engineer||25,500 ZAR||-11%|
|Computer Operator||21,500 ZAR||-25%|
|Computer Technician||24,700 ZAR||-14%|
|Copy Editor||26,400 ZAR||-8%|
|Data Center Technician||27,500 ZAR||-4%|
|Documentation Specialist||27,600 ZAR||-4%|
|Ethical Hacker||28,300 ZAR||-1%|
|GIS Analyst||27,400 ZAR||-4%|
|Global BI Analyst||32,600 ZAR||+14%|
|Hardware Design Engineer||29,200 ZAR||+2%|
|Hardware Technician||23,400 ZAR||-18%|
|Help Desk Analyst||31,000 ZAR||+8%|
|Informatics Optimization Specialist||31,800 ZAR||+11%|
|Information Assurance Analyst||32,300 ZAR||+13%|
|Information Technology Infrastructure Engineer||27,900 ZAR||-3%|
|Information Technology Quality Specialist||31,800 ZAR||+11%|
|Information Technology Trainer||32,800 ZAR||+14%|
|Interface Designer||25,600 ZAR||-11%|
|Microsystems Engineer||30,400 ZAR||+6%|
|Numerical Control Programmer||25,900 ZAR||-10%|
|Records Manager||27,500 ZAR||-4%|
|Scrum Master||24,400 ZAR||-15%|
|Software Sales||28,500 ZAR||-1%|
|Software Specialist||26,500 ZAR||-8%|
|Storage Engineer||26,600 ZAR||-7%|
|Systems Engineer||24,800 ZAR||-14%|
|Systems Integrator||29,900 ZAR||+4%|
|Technical Sales||30,600 ZAR||+7%|
|Technical Trainer||32,300 ZAR||+13%|
|Technical Writer||28,200 ZAR||-2%|
|Usability Engineer||28,800 ZAR||+0%|
|User Experience Consultant||33,500 ZAR||+17%|
|User Experience Design Expert||31,600 ZAR||+10%|
|User Experience Researcher||31,800 ZAR||+11%|
|User Interface Designer||28,900 ZAR||+1%|
|Video Game Designer||26,300 ZAR||-8%|
|Visual Information Specialist||27,900 ZAR||-3%|
|Writer and Documentor||27,900 ZAR||-3%|
|Cape Town||30,800 ZAR|
|Port Elizabeth||27,300 ZAR|
Where can you get paid more, working for a private company or for the government? Public sector employees in South Africa earn 7% more than their private sector counterparts on average across all sectors.
A good and competitive compensation would range anywhere between 26,100 ZAR and 29,600 ZAR. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.
The base salary for Blockchain Developer in South Africa is ranges from 21,600 ZAR to 29,600 ZAR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
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