Job satisfaction is an essential consideration when selecting a career, but unfortunately there is always the question of how much money you will earn for doing what you do. Finding that fine balance between enjoying what you do and earning a good salary seems difficult, especially if you don't have all the pertinent information to make an informed decision.
These days, it's not only important to enjoy what you do in South Africa, but also equally important for what you do to be able to pay all your bills and take care of your family. The cost-of-living index is a theoretical price index that measures the relative cost of living over time or between regions. It measures differences in the price of goods and services based on a central reference point.
Johannesburg has a cost of living index of 109 and Prague, as a central reference point, has a cost of living index of 100. This means that living in Johannesburg is 9% more expensive than living in Prague.
To maintain a decent standard of living and maintain a competitive edge, here is a list of some of the highest paying jobs in South Africa and their average yearly salaries, based on data from 2013 to 2014.
Think you can deal with crude oil or natural gas all day and the various activities involved in obtaining and producing them? Petroleum engineers work very closely with geologists and require a good knowledge of physics, chemistry, and mining engineering.
If you love mathematics and evaluating financial risk and uncertainty, then consider a career as an actuary. They typically have a strong background in asset management, liability management, business knowledge and analytics. They utilize this to examine the likelihood of an uncertain event happening - such as earthquakes and other natural disasters - and assess this impact on financial losses.
This is a mentally challenging career, as you need to be able to control the flow of air traffic in the global air traffic system in order to maintain safety and order. Air traffic controllers have to make split-second decisions with life-or-death implications. They are well-trained in area radar, approach, approach radar, and aerodrome.
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