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Financial Advisor vs Data Scientist
Salary Comparison.

Side-by-side monthly salary breakdown for South Africa in 2026 — entry to senior level, gross before tax.

Financial Advisor

R42k/month

R 504 000/year

91% above SA workforce median

Data Scientist

R42k/month

R 504 000/year

91% above SA workforce median

Salary by experience level

LevelFinancial AdvisorData Scientist
Entry-level(0–2 yrs)R 16 000R 22 000
Mid-level(3–6 yrs)R 42 000R 42 000
Senior(7+ yrs)R 90 000R 70 000

Median monthly gross before PAYE tax · South Africa 2026

Salary range comparison

Entry-level

Financial Advisor
R 16 000
Data Scientist
R 22 000

Mid-level

Financial Advisor
R 42 000
Data Scientist
R 42 000

Senior

Financial Advisor
R 90 000
Data Scientist
R 70 000
Financial AdvisorData Scientist

Key differences

Financial Advisor

Salary rangeR12kR150k
MedianR 42 000/month
Annual (median)R504k

Retirement savings penetration in South Africa remains low, and an ageing middle class is driving demand for retirement planning advice. RDR reforms are pushing the industry toward fee-based models, favouring qualified advisors.

Full Financial Advisor salary guide →

Data Scientist

Salary rangeR18kR95k
MedianR 42 000/month
Annual (median)R504k

Data scientists remain one of the most sought-after professionals in SA, with demand from banks, fintechs, and international remote roles all contributing to a talent shortage.

Full Data Scientist salary guide →

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Frequently asked questions

Which earns more — a Financial Advisor or a Data Scientist in South Africa?

Both earn roughly the same — the median monthly salary for a Financial Advisor and a Data Scientist in South Africa is R 42 000/month gross in 2026.

What is the Financial Advisor salary in South Africa in 2026?

The median Financial Advisor salary in South Africa is R 42 000/month gross in 2026. Entry-level positions pay R 12 000–R 22 000/month, mid-level pays R 30 000–R 60 000/month, and senior roles pay R 65 000–R 150 000/month.

What is the Data Scientist salary in South Africa in 2026?

The median Data Scientist salary in South Africa is R 42 000/month gross in 2026. Entry-level positions pay R 18 000–R 28 000/month, mid-level pays R 32 000–R 55 000/month, and senior roles pay R 55 000–R 95 000/month.

How do I calculate take-home pay for a Financial Advisor or Data Scientist?

Use the Rand Tools PAYE calculator. Enter the gross monthly salary and it will calculate your exact take-home pay after PAYE income tax, UIF (1% of gross, capped at R177.12/month), and any pension or medical aid contributions.

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