Mindworx Salary Survey Summary
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Transcript of Mindworx Salary Survey Summary
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SALARY SURVEY RESULTS SUMMARY
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IntroductionThe Mindworx Salary Survey aims to gain insight into the compensation and employment trends and standards for individuals working as Business Analysts, Project Managers, Process Engineers and Business Intelligence Professionals in the South African market.
2009 sees the launch of the survey which will be conducted annually and, over time, track trends and deliver insights into this particular industry niche.
Specific objectives that will be covered: •Identify the salary levels in this industry •Analyse market trends in this sector•Understand the characteristics of Business Analyst, Project Managers, Process Engineers and Business Intelligence Professionals
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Survey roll-out
The Mindworx Salary Survey was conducted online during the month of July 2009.
Respondents had to fall with one of following job types: Business Analyst, Project Manager, Process Engineer or Business Intelligence professional.
The survey comprises two parts; part 1 covers basic information and part 2, more detailed insights. Respondent were given a choice of either answering part 1 only or both parts 1 and 2.
• Demographics• Annual salary • Industry• Length of employment• Type and Sector of employment• Updates
Part 1 -Basic Information
•Package details •Qualification and Education details• Technology and Training information
Part 2 -Detailed
Information
Part 2 -Detailed
Information
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RolesPart 1 Part 2
Fall Out %No, of
responses% of total
No, of responses
% of total
Business Analysts 402 53% 356 54% 6%
Project Managers 276 37% 244 37% 4%
Process Engineers 39 5% 34 5% 0.6%
Business Intelligence 34 5% 27 4% 0.9%
751 100% 654 100%
Sample size
750 respondents participated in part 1 & 654 carried on with part 2 – a 13% fall out rate. The size of the research universe is unknown nut this response rate is accepted as a statistically representative sample.
* The sample size for Process Engineers & Business Intelligence job types is small and not statistically representative.
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Industry representation
n = 722
Please indicate the industry you work in? Top 10 most mentioned Industries.
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Demographics - genderWhat is your gender?
n = 749
Slightly more males
represented in this
sample.
n = 400
n = 34 n = 39 n = 274
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Demographics - ageHow old are you?
n = 749
More Business Analysts are amongst the younger age groups whilst
Project Managers are slightly older.
n = 749
Of this sample majority are
aged between 26 and 40 years old.
1 60 197 175 148 82 37 49 * Caution base sizes
*
1 60 197 175 148 82 37 49
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Demographics - ethnicity
Amongst the job types, this sample is represented by younger black respondents and older white respondents.
n = 743
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Market related remunerationDo you feel that your annual salary (including benefits) is market related?
n = 555
Only 54% of the sample consider there salaries
market related.
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Length of employment
n = 742
Length of employment with current employer?No particular skew!
More Business Analysts, Project Managers and
Business Intelligence have being employed for – 2 years.
n = 397
n = 33 n = 39 n = 273
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Annual salary package
n = 748
Indicate your annual salary package
70% of the respondents earned less than R500 000.
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Annual salary package
Role (n) Min Max Average
Business Analyst 303 R98 000 R1 080 000 R417 825.26
Project Manager 205 R77 000 R1 592 350 R519 278
Process Engineer 28 R84 000 R852 000 R419 768
Business Intelligence 23 R216 000 R800 000 R418 908
Of this sample Business Intelligence have the highest starting package. Project Managers earn the most and have the highest
average salary compared to the rest of the job types.
Highest Salary
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Annual Salary Package
Age (n) Min Max Average
21 – 25 42 R77 000 R453 000 R214 351
26 – 30 157 R100 000 R820 000 R358 884
31 – 35 127 R180 000 R1 098 420 R485 342
36 – 40 114 R188 400 R1 592 350 R491 627
41 – 45 55 R163 000 R1 100 000 R576 684
46 – 50 31 R280 000 R1 200 000 R627 825
50+ 32 R365 000 R1 100 000 R613 092
Gradual increase in average income over age
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Annual Salary Package
Age (n) Min Max Average
18 – 20 - - - -
21 – 25 27 R98 000 R453 000 R227 318
26 – 30 102 R150 000 R820 000 R365 521
31 – 35 68 R230 000 R900 000 R469 946
36 – 40 54 R188 400 R850 000 R430 448
41 – 45 24 R194 568 R1 008 000 R529 119
46 – 50 12 R370 000 R900 000 R558 088
50+ 16 R365 000 R750 000 R536 494
There is large gap in average earning between the youngest and oldest Business Analyst. However, very flat distribution.
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Annual Salary Package
Age (n) Min Max Average
18 – 20 - - - -
21 – 25 9 R77 000 R270 000 R169 128
26 – 30 41 R100 000 R700 000 R336 549
31 – 35 53 R180 000 R1 098 420 R511 014
36 – 40 48 R240 000 R1 592 350 R587 870
41 – 45 25 R163 000 R 1 100 000 R616 542
46 – 50 15 R280 000 R1 200 000 R672 266
50+ 13 R500 000 R1 100 000 R738 009
Project Managers’ average earning is very dependant on age.
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Industry average annual salary
IndustryAverage Annual
Salary (n)
Financial R448 572.79 209
Information Technology R440 629.00 139
Insurance R421 213.81 32
Civil/Construction R441 092.86 28
Telecommunications R528 681.00 22
Average
earning per
industry
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Benefits
n = 467
Pension Fund, More than 15 days leave, Medical Aid and Bonuses are the popular benefits offered.
Entertainment Allowance, Group Life, Group Cover, Hourly Rate, Lunch Allowance, Preferential Bank Rates, Preferential Interest Rates, Study Leave, Technology Allowance
Other
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Highest qualification
n = 654
Indicate your highest qualification?
More than half the sample have either a degree, honours or a doctorate.
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Qualification specificationWhat is your qualification specialist in?
n = 600
Most popular specialisation amongst this category.
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Job-related training
Business Analyst - 50%Project Manager – 39%Process Engineer – 6%Business Intelligence – 5%
Business Analyst - 53%Project Manager – 36%Process Engineer – 6%Business Intelligence – 5%
A third of the sample believe that they need more training.
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Thank you
For more information on this survey visit www.mindworxconsulting.co.za