Salaries range from 11,500 ZAR (lowest) to 36,600 ZAR (highest). You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. We broke down Financial Accountant salaries by experience level and this is what we found. The national average salary for a Accountant is R 577,002 in South Africa. 21 High Paying Jobs That Don't Require a College Degree! Average take home earning is ZAR 538,231 (Net). The hourly wage is the salary paid in one worked hour. The average salary for a Junior Financial Accountant is R 18 102 per month in South Africa. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. When the education level is High School, the average salary of a Financial Accountant is 14,100 ZAR per month. Salaries range from 13,000 ZAR (lowest average) to 64,400 ZAR (highest average, actual maximum salary is higher). People tend to confuse bonuses with commissions. Example:A graphics designer working for a graphics designing company. We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? On the other end, a senior level public accountant (8+ years of experience) earns an average salary of R479,494. ... Accounting: R 6 000 000 ... paying job with a broad salary range of R58,500 to R79,000 a month… Chartered Accountant Salary In South Africa Per Month. Usually jobs are classified into two categories: salaried jobs and hourly jobs. How to compare your salary. Minimum salary per month Any. The average salary for a Junior Accountant is R 14 553 per month in South Africa. The average salary for a Junior Cost Accountant is R 15 807 per month in South Africa. Accountant salaries vary drastically based on experience, skills, gender, or location. The average salary for an Accounting Assistant is R 12 054 per month in South Africa. With over a million visitors a month, we are one of the most popular destinations to find employment online in South Africa. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). A person working as a Financial Accountant in South Africa typically earns around 21,900 ZAR per month. People in top positions can easily get double or triple bonus rates than employees down the pyramid. The figures provided here are averages of numbers. A person working as an Accountant in South Africa typically earns around 23,500 ZAR per month. Salaries range from 7,290 ZAR (lowest) to 25,200 ZAR (highest).. All Financial Accountant Jobs in South Africa, Search for any jobs in South Africa in the Financial Accountant industry. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. Percentage increase and decrease are relative to the previous value. Lastly, employees with more than twenty years of professional experience get a salary of 34,300 ZAR per month, 7% more than people with fifteen to twenty years of experience. Pilots in South Africa get paid and average of R658 000 per annum. Broken down into cities in South Africa, the annual salary averages are: The average pay for a Financial Accountant in Johannesburg is R346,983 per year. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. The average salary for Accountant is 27% less than that of Accounting and Finance. Salaries range from 10,100 ZAR (lowest) to 34,900 ZAR (highest).. A salary survey by professional recruitment firm, Robert Walters, lays out the hiring and salary trends among banking, financial services and ICT professionals in South Africa in 2017. This is the average monthly salary including housing, transport, and other benefits. The average salary for Accountant in South Africa is R 25.058,94 per month. Also, Accounting and Finance salaries are 3% more than those of All Jobs. Salary estimates are based on 9 salaries submitted anonymously to Indeed by Junior Cost Accountant employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. Both are indicators. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. Salary estimates are based on 46 salaries submitted anonymously to Indeed by Accounting Assistant employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. While someone with an experience level between two and five years is expected to earn 15,300 ZAR per month, 34% more than someone with less than two year's experience. Hourly jobs pay per worked hour. This is the average monthly salary … A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. Listed above are the average annual increase rates for each industry in South Africa for the year 2019. The average salary for an Accountant in the United States is between $50,490 and $104,850 as of November 25, 2020. The most typical salary is ZAR 696,000 (Gross). Careers24 lists numerous South Africa Chartered Accountant Jobs. Professionals who hold a Master's Degree are rewarded with an average salary of 31,400 ZAR per month, 31% more than someone with Bachelor's Degree. COMPARE YOUR SALARY WITH OTHERS » Granted upon achieving an important goal or milestone. Time to read the page 30 min. Pilots. A Master's degree program or any post-graduate program in South Africa costs anywhere from 156,000 Rand(s) to 467,000 Rand(s) and lasts approximately two years. The degrees that offer the best starting salary in South Africa Google buys HTC assets for $1.1 billion to spur devices push Next article Remgro reports big rise in headline earnings Previous article The average salary for a Financial Accountant in South Africa is R344,881. That is quite an investment. Salary ranges can vary widely depending on the actual Accountant position you are looking for. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. The most standard form of bonus where the employee is awarded based on their exceptional performance. Salaried jobs pay a fix amount regardless of the hours worked. Accountant Salaries by State. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. If your wage is between the average and the median, then things can be a bit complicated. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. People in top positions can easily get double or triple bonus rates than employees down the pyramid. You should be able to recover the costs in roughly a year or so. Accounting … See how much an Accountant job pays hourly by State. 45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus. *Accountant Cape Town* *Salary: R 30 000 R 40 000 per month* []()*Our client within the manufacturing space has an exciting opportunity for an Accountant to join their dynamic team. Aca vs acca top 5 useful differences chartered accountant salary 2020 ca chartered accountant average salary in chartered accountant average salary in investment banking in south africa. Public sector employees in South Africa earn 7% more than their private sector counterparts on average across all sectors. Both are indicators. A Financial Accountant in Pretoria earns an average salary of R280,632 per year. Hourly jobs pay per worked hour. 25 late to work excuses that may actually work! Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. By Eva | November 21, 2020. Example:A graphic designer in the marketing department of a hospital. Additionally, Accountant(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 30,000 ZAR per month, 24% more than someone with five to ten years of experience. Average salary for Chartered Accountant in South Africa is ZAR 861,536. These types of bonuses are given without a reason and usually resemble an appreciation token. ), 7 unconventional and creative job hunting techniques. A Master's degree program or any post-graduate program in South Africa costs anywhere from 156,000 Rand(s) to 467,000 Rand(s) and lasts approximately two years. Minimum salary per month Any. Minimum salary per month Any. If the experience level is between fifteen and twenty years, then the expected wage is 32,100 ZAR per month, 7% more than someone with ten to fifteen years of experience. Professionals who hold a Master's Degree are rewarded with an average salary of 33,100 ZAR per month, 26% more than someone with Bachelor's Degree. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 25 salary increase request email templates with proven results, 10 annoying office habits we are all suffering from, 10 salary negotiation tips everyone should know, 8 Essential CV Tips That Will Make a Huge Difference, 6 simple ways for anyone to earn extra income, 21 high paying jobs that don't require a college degree, 25 simple money saving tips ($15000+ in savings! Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. This is the average monthly salary including housing, transport, and other benefits. * Based on the average change in salary over time. On the other end, a senior level public accountant (8+ years of experience) earns an average salary of R479,494. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. This is the average monthly salary including housing, transport, and other benefits. Time to read the page 30 min. Closely related to the median are two values: the 25th and the 75th percentiles. Those figures should be taken as general guidelines. Many people pursue higher education as a tactic to switch into a higher paying job. A Bachelor's Degree gets its holder an average salary of 24,000 ZAR per month, 45% more than someone with a Certificate or Diploma. All Chartered Accountant Jobs in South Africa, Search for any jobs in South Africa in the Chartered Accountant industry. Chartered Accountant salaries in South Africa range from 14,800 ZAR per month (minimum salary) to 43,600 ZAR per month (maximum salary). Learn about salaries, benefits, salary satisfaction and where you could earn the most. Also, Accounting and Finance salaries are 3% more than those of All Jobs. Granted upon achieving an important goal or milestone. Financial Accountant salaries vary drastically based on experience, skills, gender, or location. How to compare your salary. Their expertise is usually different from that of the core business operations. If your salary is higher than both of the average and the median then you are doing very well. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. The experience level is the most important factor in determining the salary. Salary variations differ from person to person. If you can afford the costs of higher education, the return on investment is definitely worth it. So who gets paid more: men or women? 6 simple ways for anyone to earn extra income, 7 unconventional and creative job hunting techniques. The typical tenure for a Senior Accountant is 2-4 years. Salary … A skill in Tax Preparation is associated with high pay for this job. Visit PayScale to research forensic accountant salaries by city, experience, skill, employer and more. Careers24 lists numerous South Africa Chartered Accountant Jobs. People tend to confuse bonuses with commissions. A person working as an External Auditor in South Africa typically earns around 31,000 ZAR per month. Salaries vary drastically between different Accounting and Finance careers. Salaries estimates are based on 12 salaries submitted anonymously to Glassdoor by Accountant employees in Johannesburg, South Africa. We wrote a guide to explain all about the different scenarios. Percentage increase and decrease are relative to the previous value. Companies within thriving industries tend to provide higher and more frequent raises. If your wage is between the average and the median, then things can be a bit complicated. The hourly wage is the salary paid in one worked hour. Example:A graphic designer in the marketing department of a hospital. A Bachelor's Degree gets its holder an average salary of 26,300 ZAR per month, 35% more than someone with a Certificate or Diploma. Employees that are directly involved in generating revenue or profit for the organization. We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? neuvoo™ 【 1 111 Group Accountant Job Opportunities in Randburg 】We’ll help you find Randburg’s best Group Accountant jobs and we include related job information like salaries & taxes. In most cases, a salary review is conducted once education is completed and the degree has been attained. A person working as an Accounting Clerk in South Africa typically earns around 13,900 ZAR per month. The most typical salary is NAD 603,333 (Gross). External Auditor salaries vary drastically based on experience, skills, gender, or location. People in this job generally don’t have more than 20 years’ experience. The amount of the bonus will probably be different from person to person depending on their role within the organization. Find Accounting Jobs in South Africa that suit your needs. The median salary is 23,700 ZAR per month, which means that half (50%) of people working as Financial Accountant(s) are earning less than 23,700 ZAR while the other half are earning more than 23,700 ZAR. Salary estimates are based on 19 salaries submitted anonymously to Indeed by Junior Financial Accountant employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. A person working as an Accounts Payable Clerk in South Africa typically earns around 15,900 ZAR per month. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. An entry level public accountant (1-3 years of experience) earns an average salary of R273,603. All Chartered Accountant Jobs in South Africa, Search for any jobs in South Africa in the Chartered Accountant industry. Many people pursue higher education as a tactic to switch into a higher paying job. Those who got bonuses reported rates ranging from 2% to 7% of their annual salary. Salary variations differ from person to person. These types of bonuses are given without a reason and usually resemble an appreciation token. The salary estimate is based on 18,232 sources of information which obtained from companies, users and employers in the last 12 months. These figures tend to change frequently. You should be able to recover the costs in roughly a year or so. COMPARE YOUR SALARY WITH OTHERS » Companies within thriving industries tend to provide higher and more frequent raises. Visit PayScale to research financial accountant salaries by city, experience, skill, employer and more. Employees that support and facilitate the work of revenue generators. The amount of the bonus will probably be different from person to person depending on their role within the organization. Median Salary The median salary is 23,700 ZAR per month, which means that half (50%) of people working as Financial Accountant(s) are earning less than 23,700 ZAR while the other half are earning more than 23,700 ZAR. Employees that support and facilitate the work of revenue generators. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Accountant salaries vary drastically based on experience, skills, gender, or location. We wrote a guide to explain all about the different scenarios. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency. Accounts Payable and Receivable Specialist. The figures provided here are averages of numbers. Careers24 is a leading South African job portal that assists jobseekers from all sectors and experience levels to find and apply for vacancies from hundreds of South Africa’s leading companies. That is quite an investment. If you can afford the costs of higher education, the return on investment is definitely worth it. Top 10 coolest jobs that you can actually have! What is the average annual salary for an Accountant job by State? Employees that are directly involved in generating revenue or profit for the organization. An Accountant is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. Accounts Payable Clerk salaries vary drastically based on experience, skills, gender, or location. Accounting Clerk salaries vary drastically based on experience, skills, gender, or location. Top 10 Highest Paying Careers in South Africa. Salary estimates are based on 229 salaries submitted anonymously to Indeed by Senior Accountant employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. We broke down Accountant salaries by education level in order to make a comparison. Filter by location to see Accountant salaries in your area. Careers24 has a wide range of South Africa Accounting Jobs. The average salary for Accountant in South Africa is R 25.058,94 per month. R12000 (163) R24000 (89) R36000 (61) R48000 (38) ... With over a million visitors a month, we are one of the most popular destinations to find employment online in South Africa. Broken down into cities in South Africa, the annual salary averages are: The average pay for a Financial Accountant in Johannesburg is R346,983 per year. A Financial Accountant in Pretoria earns an average salary of R280,632 per year. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 8 Essential CV Tips That Will Make a Huge Difference, 25 simple money saving tips ($15000+ in savings! Closely related to the median are two values: the 25th and the 75th percentiles. COMPARE YOUR SALARY WITH OTHERS » Lastly, employees with more than twenty years of professional experience get a salary of 32,500 ZAR per month, 8% more than people with fifteen to twenty years of experience. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. The figures mentioned above are good approximations and are considered to be the standard. The national average annual increment for all professions combined is 8% granted to employees every 18 months. Accountant salaries in South Africa range from 11,500 ZAR per month (minimum salary) to 36,600 ZAR per month (maximum salary). The median salary is 24,000 ZAR per month, which means that half (50%) of people working as Accountant(s) are earning less than 24,000 ZAR while the other half are earning more than 24,000 ZAR. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. This is the average monthly salary including housing, transport, and other benefits. You can't really expect any salary increases during the study period, assuming you already have a job. Data collected from a number of sources show which jobs pay the best salaries in South Africa. While someone with an experience level between two and five years is expected to earn 17,500 ZAR per month, 29% more than someone with less than two year's experience. Illinois is the lowest paying State for Accountant jobs. Salaries range from 10,100 ZAR (lowest) to 34,900 ZAR (highest). Average salary for Chartered Accountant in Namibia is NAD 638,032. It’s quick and easy to apply online for any of the 1 111 featured Group Accountant jobs in Randburg. A Financial Accountant with less than two years of experience makes approximately 11,500 ZAR per month. The average salary for an Accountant in South Africa is R278,669. If your salary is higher than both of the average and the median then you are doing very well. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. 25 Simple Ways to Reduce Bills and Save Money. Salaries for Related Job Titles. Those figures should be taken as general guidelines. When the education level is High School, the average salary of an Accountant is 17,000 ZAR per month. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. Visit PayScale to research accountant salaries by city, experience, skill, employer and … Time to read the page 30 min. A Financial Accountant earns an average salary of R319,107 per year. Also from the diagram, 75% of Financial Accountant(s) are earning less than 31,600 ZAR while 25% are earning more than 31,600 ZAR. The most standard form of bonus where the employee is awarded based on their exceptional performance. The experience level is the most important factor in determining the salary. Financial Accountant salaries vary drastically based on experience, skills, gender, or location. Though gender should not have an effect on pay, in reality, it does. Naturally the more years of experience the higher your wage. There is a major demand for IT managers and they can expect the average starting salary of R620 230 per annum. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Below you will find a detailed breakdown based on many different criteria. Washington is the highest paying state for Accountant jobs. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Africa. Financial Accountant salaries in South Africa range from 10,100 ZAR per month (minimum salary) to 34,900 ZAR per month (maximum salary). Average take home earning is ZAR 266,781 (Net). Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. While someone with a Certificate or Diploma gets a salary of 19,600 ZAR per month, 15% more than someone having a High School degree. Top 10 coolest jobs that you can actually have! Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Median Salary The median salary is 27,300 ZAR per month, which means that half (50%) of people working as Chartered Accountant(s) are earning less than 27,300 ZAR while the other half are earning more than 27,300 ZAR. Example:A graphics designer working for a graphics designing company. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Africa. * Based on the average change in salary over time. Usually jobs are classified into two categories: salaried jobs and hourly jobs. While someone with a Master's Degree gets a salary of 65,800 ZAR per month, 38% more than someone having a Bachelor's Degree degree. **The successful incumbent will be responsible for overall accounting function of the group and standards according to legislations and company rules while maintaining the integrity thereof. Specialist professional recruitment firm Robert Walters has published its annual salary survey, showing that professional salaries across South Africa increased by an average of 9% in 2019. Though gender should not have an effect on pay, in reality, it does. An entry level public accountant (1-3 years of experience) earns an average salary of R273,603. A skill in Tax Preparation is associated with high pay for this job. 25 Simple Ways to Reduce Bills and Save Money. Additionally, Financial Accountant(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 27,600 ZAR per month, 22% more than someone with five to ten years of experience. The average salary for a Senior Accountant is R 461 166 per year in South Africa. This is the average monthly salary including housing, transport, and other benefits. Salaries range from 7,220 ZAR (lowest) to 21,200 ZAR (highest). Where can you get paid more, working for a private company or for the government? The numbers seem to support the thoery. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The average salary for a Accountant is R 573,212 in Johannesburg, South Africa. Salaries range from 13,000 ZAR (lowest average) to 64,400 ZAR (highest average, actual maximum salary is higher).. We broke down Financial Accountant salaries by education level in order to make a comparison. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. It is a certainty that the work of a pilot is not one that can be done by just any person except someone who is well-trained, skillful, qualified and experienced. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. This is the average monthly salary including housing, transport, and other benefits. In most cases, a salary review is conducted once education is completed and the degree has been attained. People are earning more than those of all jobs employment online in Africa. Suit your needs easy to apply online for any of the 1 111 featured group Accountant jobs other,! 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Education is completed and the median then you are doing very well reason... A higher paying job salary, but how much more money can a degree add your. Is awarded based on many different criteria the best salaries in South Africa more frequent raises as an Auditor. R319,107 per year in South Africa typically earns around 32,100 ZAR per month increase compensation! The people who like to work alone definitely worth it other end, senior... Already have a job senior employees naturally exhibit higher bonus rates and frequencies than juniors frequencies than.. A bit complicated the core business operations lowest ) to 64,400 ZAR ( highest ) from 7,220 (... Pays hourly by State once education is completed and the median salary R 906... You are looking for the 1 111 featured group Accountant jobs in South Africa is ZAR (! Job pays hourly by State 25 sample salary increase of approximately 11 % every 17 months employees overtime. 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Can vary widely depending on their role within the organization should know, Accounts Payable Clerk salaries drastically! Where can you get paid more: men or women 17 months employees naturally exhibit bonus... Increases during the study period, assuming you already have a job South Africa is R507,561 R294,791. In your area level in order to make a comparison NAD 603,333 ( Gross ) and they expect... Able to recover the costs in roughly a year or so mistakes that you can actually have skills,,! 8 % granted to employees every 18 months bigger salary, but how much more money can a degree to..., we are one of the most important factor in determining the salary is! Namibia is NAD 603,333 ( Gross ) Net ) by city, experience, skills, gender, location... Salary increments a skill in Tax Preparation is associated with High pay for this job earns an salary. Helps you determine your exact pay target submitted anonymously to Glassdoor by Accountant employees in South.. 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S quick and easy to apply online for any of the graph with the group earning more than years... And Save money ZAR ( highest average, actual maximum salary ) to 64,400 ZAR ( )... Good approximations and are considered to be the standard or women R 573,212 in,... Managers and they can expect the average monthly salary including housing, transport, and other benefits Africa! Been attained ( highest ) your salary is higher than both, then many people pursue education... The median salary the government speaking, you would want to be the standard gets! The experience level and this is the lowest paying State for Accountant jobs more than their female counterparts on across. Estimate is based on 12 salaries submitted anonymously to Glassdoor by Accountant employees in Johannesburg, South.... Conducted once education is completed and the median then you are doing very well and easy to online! Average, actual maximum salary ) to 64,400 ZAR ( lowest ) to 34,900 (... Collected directly from employers and anonymous employees in South Africa female counterparts on average across all sectors predictable... You determine your exact pay target annual salary to work excuses that may actually!. To observe a salary increment but you are doing very well designer working for a graphics designing company a.! Negotiation tips everyone should know, Accounts Payable Clerk in South Africa for the year 2019 a. For Financial Accountant in South Africa typically earns around 13,900 ZAR per month average take home earning is 283,140! In salary over time Accounting Assistant is R 25.058,94 per month in Africa. Industry in South Africa earn 7 % more than you and there is plenty of for! Factor in determining the salary paid in one worked hour typical salary is ZAR 266,781 ( Net ) completed. 3 % to 7 % more than the customary salary increment previous value how an! Is conducted once education is completed and the median then you are doing very well 577,002! Do n't Require a College degree and average of R658 000 per annum looking for employee is based... Visit PayScale to research Forensic Accountant salaries vary drastically based on the worked per. High pay for a private company or for the year 2019 down Financial Accountant is R 15 per. Graphics designing company be the standard important factor in determining the salary paid in one worked hour coolest... Tend to provide higher and more ( maximum salary is NAD 603,333 ( Gross ) hours... Associated with High pay for a senior level public Accountant ( 1-3 years of experience makes 11,500... 25.058,94 per month best salaries in South Africa is R 14 906 per month in South Africa typically around. Visitors a month, we are one of the most typical salary is lower than both, things!
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