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Business Analyst Average Salary in South Africa 2024

How much money does a person working as Business Analyst make in South Africa?

Average Monthly Salary
39,700 ZAR
( 476,000 ZAR yearly)

All salary figures displayed here are per month except when noted otherwise.
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 salary after tax for every career.

A person working as Business Analyst in South Africa typically earns around 39,700 ZAR. Salaries range from 19,400 ZAR (lowest) to 61,900 ZAR (highest).

Salary Variance

This is the average salary including housing, transport, and other benefits. Business Analyst 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.

Business Analyst Pay Scale and Salaries in South Africa

Median and salary distribution South Africa Business Analyst monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
36,800 ZAR or more
10% of people earn
32,500 to 36,800 ZAR
20% of people earn
23,100 ZAR or less
65% of people earn
23,100 to 32,500 ZAR
Minimum Salary
19,400 ZAR
37,000 ZAR
61,900 ZAR

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Business Analyst in South Africa range from 19,400 ZAR (starting salary) to 61,900 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.

  • Median Salary

    With a median salary of 37,000 ZAR, half of the professionals who work as Business Analyst 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.

  • Percentiles and Salary Scale

    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 Business Analyst in South Africa earn less than 30,300 ZAR, while 75% earn more. Similarly, the chart shows that 75% earn less than 42,300 ZAR while 25% earn more.

  • Pay Scale Structure

    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 Business Analyst in South Africa compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 23,100 ZAR to 32,500 ZAR. About 20% of salaries are below the 23,100 ZAR mark, while 10% fall within the range of 32,500 ZAR to 36,800 ZAR. Only 5% of individuals have salaries exceeding 36,800 ZAR.

Salary Comparison by Years of Experience / Business Analyst / South Africa

How do experience and age affect pay?

0 - 2 Years
23,000 ZAR
2 - 5 Years+29%
29,600 ZAR
5 - 10 Years+38%
40,900 ZAR
10 - 15 Years+24%
50,600 ZAR
15 - 20 Years+7%
54,200 ZAR
20+ Years+7%
57,900 ZAR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly South Africa Business Analyst
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Business Analyst and this is what we found.

All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 23,000 ZAR.

While someone with an experience level between two and five years is expected to earn 29,600 ZAR, 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 40,900 ZAR, 38% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 50,600 ZAR, 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 54,200 ZAR, 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 57,900 ZAR, 7% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Business Analyst / South Africa

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Business Analyst.

High School
28,800 ZAR
Certificate or Diploma+15%
33,000 ZAR
Bachelor's Degree+35%
44,500 ZAR
Master's Degree+26%
55,900 ZAR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly South Africa Business Analyst
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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 salaries by education level for the position Business Analyst in order to make a comparison.

Level 1: High School

Employees at this education level have an average salary of 28,800 ZAR.

Level 2: Certificate or Diploma

At this level, the average salary becomes 33,000 ZAR, 15% more than the previous level.

Level 3: Bachelor's Degree

At this level, the average salary becomes 44,500 ZAR, 35% more than the previous level.

Level 4: Master's Degree

At this level, the average salary becomes 55,900 ZAR, 26% more than the previous level.

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in South Africa costs anywhere from 156,000 ZAR to 469,000 ZAR 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 to a higher-paying job. The numbers seem to support the theory. 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.

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Business Analyst / South Africa

Salary comparison by gender South Africa Business Analyst monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Business Analyst in South Africa, the average difference between the salary of male and female employees is 8%.

40,900 ZAR
37,900 ZAR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in South Africa for all Careers

Salary comparison by gender monthly South Africa
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Average Annual Salary Increment Percentage / Business Analyst / South Africa

How much are annual salary increments in South Africa for individuals working as Business Analyst? How often do employees get salary raises?

Individuals working as Business Analyst 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.

Annual Salary Increment Rate South Africa Business Analyst
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

South Africa / All Professions

Annual Salary Increment Rate South Africa
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in South Africa is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

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.

Bonus and Incentive Rates / Business Analyst / South Africa

How much and how often are bonuses being awarded?Annual Salary Bonus Rate South Africa Business Analyst
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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
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

Bonuses Are Not Commissions!

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.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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 Hourly Wage / Business Analyst / South Africa

230 ZAR per hour

The average hourly wage (pay per hour) for individuals working as Business Analyst in South Africa is 230 ZAR.This is the rate they get paid for every worked hour.

Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Business Analyst in South Africa is 110 ZAR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Business Planning-100%
Agile Coach38,200 ZAR-4%
Assistant Business Development Manager42,700 ZAR+8%
Assistant Merchandise Planner24,200 ZAR-39%
Business Advisor40,100 ZAR+1%
Business Analyst39,700 ZAR+0%
Business Consultant38,700 ZAR-2%
Business Continuity Associate24,500 ZAR-38%
Business Developer26,400 ZAR-33%
Business Development Analyst27,800 ZAR-30%
Business Development Associate21,200 ZAR-47%
Business Development Coordinator22,200 ZAR-44%
Business Development Director54,100 ZAR+36%
Business Development Engineer30,200 ZAR-24%
Business Development Executive39,500 ZAR-0%
Business Development Manager51,100 ZAR+29%
Business Development Specialist39,200 ZAR-1%
Business Manager44,700 ZAR+13%
Business Operations Specialist36,600 ZAR-8%
Business Process Writer23,100 ZAR-42%
Business Systems Analyst39,600 ZAR-0%
Capacity Planner27,800 ZAR-30%
Capacity Planning Supervisor37,200 ZAR-6%
Change Communications Analyst37,700 ZAR-5%
Change Control Analyst38,500 ZAR-3%
Change Impact Analyst39,000 ZAR-2%
Chief Automation Officer50,900 ZAR+28%
Chief Innovation Officer54,900 ZAR+38%
Contracts Executive38,300 ZAR-3%
Corporate Strategy Analyst40,300 ZAR+2%
Cost Control Engineer26,000 ZAR-34%
Cost Controller29,400 ZAR-26%
Cost Estimator26,200 ZAR-34%
Crisis Management Specialist43,100 ZAR+9%
Data Executive21,900 ZAR-45%
Data Manager30,100 ZAR-24%
Data Processing Manager34,400 ZAR-13%
Development Researcher31,400 ZAR-21%
Digital Strategist39,300 ZAR-1%
Digital Transformation Manager41,300 ZAR+4%
Director of Business Development57,000 ZAR+44%
Director of Production Planning48,800 ZAR+23%
Drop Shipping Consultant35,300 ZAR-11%
Due Diligence Analyst44,400 ZAR+12%
Estimating Manager42,800 ZAR+8%
General Manager46,500 ZAR+17%
Growth Hacker29,800 ZAR-25%
Impact Assessment Specialist36,600 ZAR-8%
Impact Investing Analyst36,600 ZAR-8%
Incident Handler27,300 ZAR-31%
Incident Specialist33,500 ZAR-16%
Lean Consultant29,100 ZAR-27%
Manager54,100 ZAR+36%
Marketing and Business Development Manager49,700 ZAR+25%
Materials Planner17,300 ZAR-56%
Merchandise Assistant16,500 ZAR-58%
Merchandise Controller16,500 ZAR-58%
Merchandise Planner17,300 ZAR-56%
Online Consultant31,700 ZAR-20%
Online Reputation Manager29,700 ZAR-25%
Operations Analyst35,100 ZAR-12%
Operations Manager42,900 ZAR+8%
Operations Research Analyst24,700 ZAR-38%
Planning and Reporting Manager42,800 ZAR+8%
Planning Director51,800 ZAR+31%
Product Designer30,700 ZAR-23%
Product Manager32,400 ZAR-18%
Project Administrator24,600 ZAR-38%
Project Manager41,000 ZAR+3%
Project Planner25,100 ZAR-37%
Research Assistant21,800 ZAR-45%
Research Engineer24,600 ZAR-38%
Research Officer19,200 ZAR-52%
Risk Management Specialist38,400 ZAR-3%
Scholarship Coordinator20,900 ZAR-47%
Store Planner20,000 ZAR-50%
Strategy Director54,400 ZAR+37%
Top Research and Development Executive58,500 ZAR+47%

Salary Comparison By City

CityAverage Salary
Cape Town43,900 ZAR
Johannesburg42,800 ZAR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in South Africa is 7% on average across all career fields.

Private Sector
30,400 ZAR
Public Sector+7%
32,400 ZAR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Business Analyst in South Africa?

A good and competitive compensation would range anywhere between 37,000 ZAR and 42,300 ZAR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

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 salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Business Analyst in South Africa ranges from 19,400 ZAR to 30,300 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 with a grain of salt.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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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