No matter what your career goal - changing careers, progressing in your industry or even re-entering the workforce, there’s no reason you can’t be motivated by the salary you could earn while also considering your passions and skills.
Based on the latest figures from SEEK, the average salary in Australia is sitting at $81,235. As with previous years, upper management roles enjoy salaries well above the average, with senior management roles across industries including engineering, mining, IT, construction, HR and marketing all delivering six figure pay checks.
Unsurprisingly, high paying roles generally require a significant level of experience and often, specialist skills and qualifications. However, if you are aiming to be a high earner in the future, these salaries can help you narrow down the industries and careers you’re most interested in.
Here are some of Australia's $100k+ roles, according to the latest data from SEEK (January to December 2016):
1. Finance Analyst
Average salary: $124,122
Industry: Accounting (roles specialising in Strategy & Planning)
Similar job titles: Corporate Finance Analyst, Senior Finance Analyst
Finance Analysts provide support for businesses and make recommendations using financial modelling and the analysis of economic conditions. There is a high level of professional responsibility in the role of a Finance Analyst, so a substantial level of experience and a relevant qualification are must-haves.
If you’re considering a career in this field, it’s recommended that you look into courses specialising in business, economics, or accounting. For those starting out, a degree such as the Bachelor of Business With a Major in Accounting can give you a solid foundation in evaluating business performance and develop operating strategies.
2. IT Security Specialist
Average salary: $120,834
Industry: Information Technology
Similar job titles: IT Security Advisor, IT Security Architect
IT Security Specialists are responsible for finding solutions to complex security problems. To have a career as a specialist or analyst in the field of IT security, you must possess development experience as well as an expert understanding of information security processes, technologies and procedures.
It's preferred that candidates for this type of role have a degree in computer science (or an equivalent certification) as well as previous experience.
3. Strategy Consultant
Average salary: $115,047
Industry: Consulting & Strategy (roles specialising in strategy and planning)
Similar job titles: Strategy Manager, Strategy Advisor, Strategic Management Consultant, Strategy Specialist
A strategy consultant works in an advisory capacity either within or for a business, researching and providing recommendations on the company’s future direction and strategic positioning. This can include developing long-term business strategies, performance improvement, evaluating new opportunities, and everything in between!
Key skills include stakeholder management, critical thinking, problem solving, an ability to understand the ‘big picture’ as well as the finer details, and the ability to communicate clearly.
The Master of Business Administration (MBA) delivered by Swinburne Online, teaches successful graduates how to design workforce strategies and apply critical thinking techniques, while also developing a strong understanding of accounting, economics, finance and management fundamentals.
4. Site Supervisor
Average salary: $114,574
Similar job titles: Foreperson, Site Manager
Site Supervisors are responsible for managing day to day activities, scheduling of works, and quality of workmanship on a building site. Some roles may even involve a 'working' supervisor element, meaning some work on the tools could be required.
To be considered for this type of position you will need to have a strong trade background, a building and construction qualification, and experience in residential/commercial projects. Depending on the requirements of the role and the state you’re in, you may also need specific trade skills, a WHS certification, and a site supervisor licence.
5. Safety Advisor
Average salary: $115,524
Industry: Mining, Resources & Energy (specialising in Health, Safety & Environment)
Similar job titles: Safety Officer, Zero Harm Advisor
The duties of a Safety Advisor can vary depending on whether the job is based on-site or in an office setting. Responsibilities can include preparing and conducting safety inductions and inspections, ensuring incidents are correctly reported and communicated, and reviewing relevant policies, processes and systems.
Recruiters and employers in this field tend to look for demonstrated experience in a similar role, a qualification in Work Health and Safety, an ability to work under pressure, and preferably a Certificate IV in Training and Assessment (TAE40110).
Source: SEEK Salary Report, January – December 2016 vs. January – December 2015. Published February 2017.