How You Can Start a Career in One of the 5 Highest Paying Jobs in Australia
Careers in STEM, that is, Science, Technology, Engineering and Mathematics are continuing to dominate the highest paying salaries; with business, construction and medicine not far behind.
These are the highest paying jobs with the greatest employment size in the country right now.
Employment for Mining Engineers has grown very strongly in the long-term, with this expected to continue for coming years
58% of Mining Engineers have a Bachelor Degree or higher
No job is ever going to hand over the big dollars unless you’ve got high-level qualifications, and this is especially the case for the mining industry. Mining engineers have a huge average salary, with over $118,000 being the median salary package, although this often requires a pretty big investment in education to build up the knowledge and experience you’ll need.
While the salary average has dropped slightly in the past few years, it’s managed to keep its crown title of the highest paying industry in Australia for quite some time, with little chance of its reign being toppled anytime soon.
According to SEEK’s most recent industry outlook, management in the mining industry can rake in an average of $132,599, with the majority expecting a lot more than that as well. At the end of the day, we need the resources provided through mining and energy production to not only fuel our homes but also fuel our economy. While the pay scale might fluctuate slightly, this isn’t expected to change too much over the coming years, especially with investments in renewable energy sources becoming a priority in the future.
Business and Management Analysts
Employment for Business and Management Analysts continues to rise very strongly, with over 25,000 positions expected to be available through to 2019
Only 39% of Business Analysts have a Bachelor Degree qualification or higher
These jobs are for the people who earned their Master of Business Administration (MBA). Business is all about maximising profit and for those involved in the management, sales and acquisitions that increase these profit margins, they’re bound to be rewarded with a pretty generous salary. Consultants and those skilled managers involved with change development in big business can bring home well over $107,000 on average every year.
Such careers that rake in the big bucks include policy advisors, project managers and business analysts. All in all though, just about every area of business earns well over the average, so if you want to get started, make sure to explore the different business courses on offer and start making your way to living it up in the Bahamas on your holidays.
Employment for Engineers is expected to remain strong across most specialisations over the next five years
Most Engineers have a Bachelor Degree or higher
The world is a constantly changing place and those changes rarely come about without the help of engineers. Engineering is all about creating, designing and building a range of structures, technologies and systems. With so many different branches of engineering, including civil and structural, electrical, mechanical and automotive; the career possibilities are seemingly endless.
Not only that, they also happen to be very high-paying career choices as well, earning an average of $103, 396 every year with managers in this industry earning an average salary of $122, 000.
Better yet? You can combine two of the top paying careers and become a mining engineer, and earn well of $137,000. Of course, these do require qualifications, some of which you can find in our range of engineering courses.
Building and Construction Managers
Employment for Construction Managers is expected to be very high, with over 50,000 new job openings predicted over the next five years
The most common qualification for this career is a Certificate III or Certifcate IV
Australia is home to the million-dollar tradies. This isn’t just a statement, it’s a fact. Trade occupations in Australia are among the highest paid in the world, and building and construction careers are seen frequently on the top-paid list. According to SEEK’s report, in 2016 the average pay in construction was $104, 000 with site managers earning an average of $122, 500.
The reason for this? Well for starters, there’s been a housing boom of late, driven by overseas investors as well as a growing population, so to factor everyone in, the rate of building and construction of residential homes alone is through the roof. 35% of Construction Managers have a Certificate III or Certificate IV in Building Construction, the most common qualification for this career path.
Information Technology Managers
Employment for ICT Managers is rising very strongly in the long term, with an additional 25,000+ jobs expected to be created in the next five years
The most common qualification for IT Managers is a Bachelor Degree, with 32% of professionals having obtained one
Technology is taking over the world. Quite literally actually, with computers over doubling their capabilities every 12-18 months. With the constant advancements, innovation and change seen in the industry, it’s really no wonder that IT jobs rank in the top five highest paying in the country.
After all, we need people to update us on what the new updates are all about. The average salary in IT is around $99, 945, however, those ho are skilled enough to be an IT Architect can expect to bring home an average of $136, 621. Whether it’s in system development, website design or programming, the top dollars are expected for those committed enough to get all the IT qualifications needed to succeed in this industry.
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