Money. There’s a lot to be said about it, but if one thing’s true: we can’t live without it.
Whether you’re looking to change careers, get ahead in your own industry or even re-enter the workforce, there’s no reason you can’t be motivated by the salary you could achieve while also considering your passions and skills.
According to the latest figures from SEEK, the average salary in Australia is sitting at $79,728. The upper echelons of management are seeing the heartiest salaries well above the average with senior management roles in mining, IT, engineering, construction, banking, and marketing all bringing in more than six figures.
Unsurprisingly, these top paying roles all require a significant level of experience and in many cases, specialist skills and qualifications. However, if you do have goals to be a high earner in the future, these salaries can act as a guide when narrowing down the industries and careers you’re most interested in.
Here are some of Australia’s highest paying jobs for you to consider and their average salaries, according to the latest data from SEEK (January to November 2015):
1. Finance Analyst
Average salary: $124,197
Industry: Accounting (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 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. Project Manager
Average salary: $122,171
Project Managers in the construction industry are generally responsible for managing and organising professionals, consultants, contractors, and building owners to ensure that timeframes are being met and projects can be successfully completed.
To work in this type of role, you'll need to have a strong attention to detail and leadership skills, as well as proven experience delivering similar projects. Most employers will also require a tertiary qualification in the building and construction industry, or in a closely related field such as architecture, engineering, or project management.
3. IT Security Specialist
Average salary: $117,665
Industry: Information Technology
Similar job titles: IT Security Advisor, IT Security Architect
IT Security Specialists are responsible for finding solutions to complex security problems. In order 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.
4. Safety Advisor
Average salary: $113,147
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).
5. Organisational Development Consultant
Average salary: $112,369
Industry: Human Resources & Recruitment
Similar job titles: Learning & Development Manager, Organisational Development Manager
Key deliverables for an Organisational Development Consultant can include assessing individual and organisation capabilities, and creating training and professional development plans.
To be successful in this kind of role, it's expected that you'll have significant organisational development and training experience, exceptional communications kills and a qualification in human resources or organisational development (or a similar field).
6. Site Supervisor
Average salary: $111,762
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.