R501,478
Avg. Salary
R320
Avg. Hourly Rate

Average additional compensation:

R50,248

Bonus

R10,000

Profit Sharing

R63,250

Commission

What am I worth?
How should I pay?

The average pay for a Risk Manager is R320 per hour.

The average pay for a Risk Manager is R501,478 per year.

R150.00
10%
R320.00
50%
R475.00
90%
MEDIAN R320.00
R233k
10%
R501k
50%
R795k
90%
MEDIAN R501,478
R233,299 - R795,406
R230K
R500K
R800K
MEDIAN: R501,478
10%
50%
90%
R150 - R475
R320
MEDIAN: R320
50%
R0R892K
Salary R233,299 - R795,406
Bonus R10,084 - R176,874
Profit Sharing R0.00 - R145,437
Commission R63,250
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
R240,248 - R892,383
  • Country: South Africa
  • Currency: ZAR
  • Updated: 10 Jan 2019
  • Individuals Reporting: 325
Hourly Data R0R475
Hourly Rate R320
Overtime R133
Annual Data R0R892K
Bonus R10,084 - R176,874
Commission R63,250
Profit Sharing R0.00 - R145,437
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
R240,248 - R892,383
  • Country: United States
  • Currency: ZAR
  • Updated: 10 Jan 2019
  • Individuals Reporting: 9

Job Description for Risk Manager

A risk manager works directly for a company or provides risk consulting to various companies. The risk manager may deal with financial or material risks. The risk manager will carry out audits and spontaneous checks to make sure that various staff members are adhering to safety rules. The risk manager may also recommend changes to safety policies when necessary, as well as training when widespread problems are detected.

Read More...
Risk Manager Tasks
  • Design, implement, oversee, and manage the risk management plan.
  • Investigate and troubleshoot individual or organization-wide issues.
  • Review existing safety policies and update them to comply with legislation.
  • Coordinate risk management activities in order to prevent or isolate liabilities.

Risk Manager Pay By Employer

$0$170K

$96,159

Morgan Stanley
11 profiles
$99,990

$97,533

Citibank
8 profiles
$107,500

Microsoft Corp
6 profiles
$119,866

$96,804

Citigroup, Inc.
5 profiles
$111,942

Risk Manager Job Listings

Pay by Experience Level for Risk Manager

Pay by Experience for a Risk Manager has a positive trend. An entry-level Risk Manager with less than 5 years of experience can expect to earn an average total compensation of R417,000 based on 153 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Risk Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of R577,000 based on 160 salaries. An experienced Risk Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of R653,000 based on 74 salaries. A Risk Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of R692,000 based on 28 salaries.

Pay Difference by Location

25%

-24%

-33%

National Average: R541,252

Larger city markers indicate a job is popular in that location.

Risk Manager Reviews

Q: What is it like working as a Risk Manager?

Risk Manager in Pretoria:
"Great culture and vibe."
Pros: Great location
Cons: Traffic, crime

Risk Manager in Durban:
"Valuable Skills."
Be objective and open minded.

Risk Manager in Johannesburg:
"Interesting good."
Pros: Interact with all in company and department.
Cons: Risk has a negative perception overall.

Risk Manager in Johannesburg:
Pros: Good exposure to operations side of business.
Cons: Recommendations made to business units can be ignored leading to job frustration.

Related Job Salaries

Key Stats for Risk Manager

Gender

Female
46 %
Male
54 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.
Less than 1 year
5%
1-4 years
31%
5-9 years
39%
10-19 years
17%
20 years or more
8%

Experience Affects Risk Manager Salaries

▲28%

▲21%

▲7%

National Average
R541,000

▼23%

Skills That Affect Risk Manager Salaries

Risk Management / Risk Control
▲1%

National Average
R541,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
5%
1-4 years
31%
5-9 years
39%
10-19 years
17%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 57%
dental benefits
Dental: 9%
vision benefits
Vision: 8%
no benefits
None: 43%