Instead of only demanding a higher income, more Africans are quitting their employment in pursuit of a healthier work-life balance and a company culture.
Indeed, the notion that laborers in developing nations with high rates of unemployment and economic hardship are fortunate to have jobs is no longer valid, since African workers have been reported to be among the most active players in the global job-quit craze.
As of 2023—the most recent year for which data is available—Business Insider Africa has found eight comprehensive vocations with some of the highest mean annual wages using the most recent data from our research.
- Programmers
Software development is a profitable and well-paying profession on the African continent, according to Glassdoor. Due to the strong demand for software development positions in Africa, full-time positions paying up to $107,731 annually are being filled by African developers. The work entails creating, designing, maintaining, and distributing software to clients. These developers also create application systems and make sure they run well. They also design, evaluate, and test software and computer systems that address certain issues.2. Analysts of data
Professionals that gather, handle, and evaluate data to assist organizations in making wise decisions are known as data analysts. They draw conclusions from huge datasets using statistical techniques and software tools, then present their findings to stakeholders in reports and visual aids.
The median annual compensation for data analysts in the US is approximately $65,000, per Glassdoor data. In the UK, the median wage for a data analyst is approximately £30,000 annually, whereas in Canada, it is approximately C$50,000 annually.
Data analysts often make between $40,000 and $50,000 a year in Africa. But some data analysts could make a lot more money than others, especially if they work for big, international corporations.
3. Developers with full stacks
Professionals with the ability to create both the front end and back end of web applications are known as full stack developers.
They possess a wide range of abilities, including front-end understanding of HTML, CSS, and JavaScript as well as back-end knowledge of Python, Java, and PHP. Because they can work on every layer of a web application and contribute to the development process from beginning to end, full-stack developers are highly sought after in a variety of sectors.
In Africa, full stack engineers can earn between $113,600 and $250,000 annually.
4. IT experts
Since businesses depend more and more on technology to streamline operations and enhance customer communication, information technology (IT) specialists are in high demand throughout many African nations. IT specialists can work in a variety of sectors, such as banking, healthcare, and technology, designing, constructing, and maintaining computer systems and networks.
IT specialists can work in a variety of sectors, such as government, healthcare, and finance, and they design, develop, and maintain computer systems and networks.
An African Development Bank analysis states that the average yearly compensation for IT specialists in the continent is between $40,000 and $50,000. But some IT workers might make a lot more money, especially if they work in leadership roles or for big, international corporations.
5. Consultants in management
Organizations can get advice from management consultants on how to enhance their operations and accomplish their objectives. They can find employment in a range of sectors, including as manufacturing, healthcare, and finance. In Africa, there are plenty of management positions that pay well for qualified candidates with relevant experience and training. Among the possible choices to think about are:
CEO compensation ranges from $100,000 to $200,000.
Pay range for chief financial officer (CFO): $80,000–$150,000 annually.
Chief marketing officer (CMO): annual salary between $60k to $100,000k.
Chief Technology Officer: Annual salary ranging from $80,000 to $150,000.
In summary
It’s crucial to remember that these compensation ranges are only estimates and could change based on a number of variables, including the worker’s location, experience, and educational background. For this reason, before making any professional decisions, we always encourage our readers to look up compensation information for particular occupations and industries.
