Research Analyst Salary in South Africa
The Research Analyst profession in South Africa presents compelling financial opportunities with average earnings of R66 667 monthly. Compensation varies from R25 000 for newcomers to R566 880 for seasoned experts. With 7% projected sector expansion and high demand levels, this research career offers solid long-term prospects.
Research Analyst Salary Breakdown
A Research Analyst conducts in-depth studies and investigations to provide insights and recommendations on specific topics, markets, or industries. This involves collecting and analyzing data, conducting surveys, preparing detailed reports, and presenting findings to stakeholders. They are crucial for informing strategic decisions, product development, and market positioning within an organization.
| Salary Component | Amount (Monthly) |
|---|---|
| Minimum Salary | R25 000 |
| Average Salary | R66 667 |
| Maximum Salary | R566 880 |
| Category | Research |
| Growth Rate | 7% |
| Market Demand | High |
Requirements & Qualifications
Bachelor's or Master's Degree in a relevant field (e.g., Economics, Finance, Marketing, Statistics, Social Sciences).
Proven experience in conducting research and data analysis.
Strong analytical and critical thinking skills.
Proficiency in research methodologies and statistical software (e.g., SPSS, R, Python).
Excellent written and verbal communication skills for report writing and presentations.
Ability to interpret complex data and draw actionable conclusions.
Attention to detail and intellectual curiosity.