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Actuary Salary South Africa | Is Actuarial Sciences worth it? 🫣 

Lifereset with Boni
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17 окт 2024

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Комментарии : 109   
@ncisept5900
@ncisept5900 10 месяцев назад
Tax is from the devil. Looking at Gross vs NET pay is so depressing 😢
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
I know hey😊😊
@williamthage923
@williamthage923 10 месяцев назад
And it all goes to the politicians who will blow it with blue lights vehicles and BMW's ya neh.
@LM-he7eb
@LM-he7eb 5 месяцев назад
From 92500-52300. But R13k was his choice
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Hi guys! Last payslip error: Gross is R49k and the Deductions are R15k . That will give you the net. Sorry the payslip didn't show the net. We have to calculate. Please like and share the video and let me know what you think of these salaries! ❤
@wendykgosi149
@wendykgosi149 10 месяцев назад
So 34k????????
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
@wendykgosi149 Wendy you are so invested in this 🤣🤣🤣yes doll, 34k !
@wendykgosi149
@wendykgosi149 10 месяцев назад
@@liferesetwithboni hahahahaha haibo 😳😳😳😳for an actuary???? This is beyond shocking . I’m invested cause I’ll like to know the truth cause I nearly pursued it. No ways.
@tranquilsoothingsounds3334
@tranquilsoothingsounds3334 8 месяцев назад
I always think it is best try by all means to get into a career that has opportunities of being your own boss. It’s ok to start as an employee but at some point you need to be able to sell your skills for a higher price without anyone putting a price on your forehead.
@sithabisomthethwa7383
@sithabisomthethwa7383 10 месяцев назад
I love your content Boni. Thank you so much
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
You are welcome, but the third payslip , 15k, is the deductions, not net.
@romeo.s_regret
@romeo.s_regret 9 месяцев назад
oh my word😭 I'm about to do first year of Actuarial Science... hao jesu
@romeo.s_regret
@romeo.s_regret 9 месяцев назад
I must move🗿
@liferesetwithboni
@liferesetwithboni 9 месяцев назад
Why move? This is a good qualification.
@romeo.s_regret
@romeo.s_regret 9 месяцев назад
@@liferesetwithboni I mean 'move out of South Africa', I saw one comment about the increase in the standard of living and pay once someone leaves South Africa
@sinqobilebandile6558
@sinqobilebandile6558 8 месяцев назад
Lol the last 2 are abnormal, don't worry. You can look at the stats released by assa to get a sense of how much you'll earn. Don't be fooled by outliers. Honestly, i don't even believe the last one. Theres something wrong there. Theres key information missing. Im guessing its a quant position that does not reward passing exams or theyre simply lying about their number of exams and experience.
@romeo.s_regret
@romeo.s_regret 9 месяцев назад
2000 Actuaries?? yoh. this field is under saturated and obviously tough
@hlengiwerejiyce661
@hlengiwerejiyce661 10 месяцев назад
Hii Bonnie! Can we get a corporate finance manager next time. Their job description, qualification and of course salary!🥰🥰
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
I haven't received one yet.
@edub201683
@edub201683 10 месяцев назад
Thank you for the work you do
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Thank you
@romeo.s_regret
@romeo.s_regret 9 месяцев назад
tax is CRUEL!! 😰
@Algul07
@Algul07 10 месяцев назад
I wish I could know the name of the company of the 1st analyst 😂. After 2 years, I need to join their company because R46k with only 5 exemptions and 6 months experience (basically a graduate) is really good in this field 🔥.
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Things are tough ne? 😪 not what we think?
@sidsiddi1282
@sidsiddi1282 10 месяцев назад
I love the way you say “chest pains”. Please do it more 🙏🏾🙏🏾
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
I've been exhausted lately but I do use it in all my videos actually.🤣
@thulanidhlamini1347
@thulanidhlamini1347 10 месяцев назад
🤣😂🤣
@hope1527
@hope1527 10 месяцев назад
Chest pains or not - an employer will always only pay you so much to keep you working, whilst you help them generate many multiples of what they are paying you.
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Yeah, that's how it works 😊
@itumelengmosailane1192
@itumelengmosailane1192 10 месяцев назад
Lol they will hate you for telling the truth
@williamdimphomonama7478
@williamdimphomonama7478 10 месяцев назад
The way people over hype this career as if it pays millions 😅
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
It's not about money
@williamdimphomonama7478
@williamdimphomonama7478 10 месяцев назад
@@liferesetwithboni you can't pay bills with passion
@ozzi4627
@ozzi4627 9 месяцев назад
​@@williamdimphomonama7478basic bills wont make you broke...living above your means is the problem...regardless of your income and relationship status with the bank.
@PhoneFashionist
@PhoneFashionist 8 месяцев назад
You can pay bills with passion​@@williamdimphomonama7478
@LM-he7eb
@LM-he7eb 5 месяцев назад
Actuaries have the most stable careers in SA. The insurer I worked at paid interns 40k & they don't have to work 12hrs/6days a week
@OlearningAI
@OlearningAI 10 месяцев назад
there are 15 exam if you study with ASSA which is the south African board. but most people are familiar with the UK board IFoA which got 13 exams
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Okay thanks
@yusufc94
@yusufc94 10 месяцев назад
ASSA has 13 exams to qualify including the Modelling Exam.
@brad942
@brad942 10 месяцев назад
No wonder people are leaving SA . I mean lets start taking inflation into account. R50 000 nett 20 years ago was a powerful salary. Wow this is shocking
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Leaving SA to where? Where is it better?
@brad942
@brad942 10 месяцев назад
@@liferesetwithboni 3 family members , one based in Australia civil engineering 3 times the salary he was earning in SA, other two members are in the middle east (Abhu Dabi) with their entire family's relocated and earning way more. SA is a beautiful place to live in honestly but come now lets be realistic its a struggle financially.
@brad942
@brad942 10 месяцев назад
@@liferesetwithboni I appreciate your channel so much. It will help graduates and young professionals alot. Even the veteran corporate professionals can use this platform to understand what their "market" related packages should be.
@kingsebe9398
@kingsebe9398 10 месяцев назад
All in all is the hard work and struggle worth it boni and viewers?(for the money they earn)
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
It's not that bad!
@thokozachillwithgogon3079
@thokozachillwithgogon3079 10 месяцев назад
The pay is not worth the sweat, ncono I sweat for Accounting or IT. Even medicine, though they are struggling to get jobs, they get paid more hai ngeke
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Lol on Medicine
@bret1996
@bret1996 8 месяцев назад
Compare actuary vs doctor pay relative to years post-matric. This actuary is probably earning well over 100k at new company (10yrs post-matric). A doctor would need to work overtime to earn what an actuary earns 10yrs post matric (medical officer 1). Sad reality of RSA
@bret1996
@bret1996 8 месяцев назад
And some actuaries obtain fellowship a lot sooner, within the first few years of working
@_Ninjawarrior
@_Ninjawarrior 4 месяца назад
Medicine? Aowa those ones are overworked and underpaid, maybe Accounting or IT 😩
@alistairmkhize889
@alistairmkhize889 10 месяцев назад
It's be nice to know which companies. Understandably, I know why they wouldn't want to share that but there is a lot of discrepancy between what companies pay. It's be interesting to see the same job but different employers
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Noted
@bonganidlamini4523
@bonganidlamini4523 10 месяцев назад
Can we have a Plant Manager salary and Supply Chain Manager/Director
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
I can do the supply chain manager not plant manager for now.
@thobaniteeson2301
@thobaniteeson2301 4 месяца назад
Plz do statician & economist.
@ntsakomcflurry
@ntsakomcflurry 10 месяцев назад
It’s 15 exams for FASSA(fellow actuary)
@tiyanimashimbye9386
@tiyanimashimbye9386 10 месяцев назад
Do you wrote all of themafter obtaining the qualifications? And how long do they take?
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
It depends on how many you take per session or something, but let them answer you
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Okay, where did the 22 come from?
@dineomariamosheshe9305
@dineomariamosheshe9305 10 месяцев назад
@@tiyanimashimbye9386you can finish varsity with 9 of them min, it depends on the uni you attend.
@Mr.AllYouCanEat
@Mr.AllYouCanEat 10 месяцев назад
@@tiyanimashimbye9386Each person’s qualifying journey is different. It really depends how you do at each exam. Some qualifying in 3 years when passing all exams at first attempt. Some 5/6 years and others even 7+ years.
@nzuluyemfihlakaloancientof5369
@nzuluyemfihlakaloancientof5369 10 месяцев назад
Net pay of the last payslip sounds incorrect...Gross vs Net?
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
48 _ 15k will give you the net pay. Sorry. 15k is the deduction. Sorry and thanks for reminding me to write it on the pinned comment.
@khwezzd1573
@khwezzd1573 10 месяцев назад
Yoh R52k!!! Ya shame only chest pains😭
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
🥰
@cindyappiah8908
@cindyappiah8908 7 месяцев назад
Have you done salaries for Procurement Officers ?
@liferesetwithboni
@liferesetwithboni 7 месяцев назад
I've done supply chain and logistics.. there is a video on it.
@itumelengmosailane1192
@itumelengmosailane1192 10 месяцев назад
Working for company there's no security when there's misunderstanding they can fire you hence most of people who are making money are not happy they are the ones who are experiencing chest pains I feel sorry for females who making a lot of money because they don't know where spend money after houses and cars even in relationships they are not content
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Why are you bothered?
@itumelengmosailane1192
@itumelengmosailane1192 6 месяцев назад
@@liferesetwithboni because we're transforming the economy
@mijiz
@mijiz 8 месяцев назад
That Actuary works at Deloitte 👀
@liferesetwithboni
@liferesetwithboni 8 месяцев назад
🙏
@his.name.is.sakhile
@his.name.is.sakhile 10 месяцев назад
There are 13 exams
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Not 22?😂
@his.name.is.sakhile
@his.name.is.sakhile 10 месяцев назад
@@liferesetwithboni yeah
@tebom9456
@tebom9456 5 месяцев назад
🥴not me expecting to see something above around 100 Tao something
@liferesetwithboni
@liferesetwithboni 5 месяцев назад
Check latest video.
@bukhombatali5099
@bukhombatali5099 10 месяцев назад
Only chest pains 😂😭
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Yebo😂
@wisdomndhlovu5680
@wisdomndhlovu5680 10 месяцев назад
Uct
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Only one, some were not from UCT. 😄
@khwezzd1573
@khwezzd1573 10 месяцев назад
Is it chest pains🙈🙈
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Too much
@cryptokid5446
@cryptokid5446 10 месяцев назад
Please do SAICA trainee
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Okay
@day-me-inmoodley3283
@day-me-inmoodley3283 10 месяцев назад
Depends whether it's with the big 4/medium/small firm but big 4 starting salary with cta is R18k/20k and after you pass both board exams and in your final year, it's roughly R35k/38k. Your salary increases several times over your 3 year contract.
@itumelengmosailane1192
@itumelengmosailane1192 10 месяцев назад
What if we teach our people to own their own businesses not to flex their pay checks working for company has no security
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
What if we let people do what they want to do with their education and salaries?
@itumelengmosailane1192
@itumelengmosailane1192 10 месяцев назад
@@liferesetwithboni but still repeating the same generational curses of working for capitalists and imperialists
@itumelengmosailane1192
@itumelengmosailane1192 10 месяцев назад
@@liferesetwithboni are you proud of the curse
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
@itumelengmosailane1192 Teach them in your own platform. The good thing is we know what we are all doing here, and we don't need to justify it to you or explain ourselves to your condensending tone. We are good, don't worry about us. Create a platform if you don't have it already where you will teach people about business, etc. we don't teach here. Stay blessed 🙌
@Mr.AllYouCanEat
@Mr.AllYouCanEat 10 месяцев назад
Itumeleng. Please tell us what it is that you do for a living? And also emphasise how it has been working for you.
@comfort4431
@comfort4431 10 месяцев назад
Mining Engineer?
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Not yet!
@wendykgosi149
@wendykgosi149 10 месяцев назад
Shocking!!!how do you go from 92k to 50k? Lol not worth it . And tax still . Ai naw hahaha
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
Lol
@wendykgosi149
@wendykgosi149 10 месяцев назад
@@liferesetwithboniI am correct in saying the 50k still needs to be taxed???
@liferesetwithboni
@liferesetwithboni 10 месяцев назад
@@wendykgosi149 no you are incorrect
@wendykgosi149
@wendykgosi149 10 месяцев назад
@@liferesetwithboni then where are the calculations for tax
@lukealadeen7836
@lukealadeen7836 10 месяцев назад
92k was the gross, 52k was the nett after all deductions including tax
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