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In recent years, Australia's workforce has experienced a high employee turnover rate, as individuals search for new opportunities and better compensation. With the COVID-19 pandemic adding unprecedented uncertainty to the job market, it's no surprise that many professionals are seeking high paying jobs that offer both financial security and stability. Our Talent Trends 2022 survey indicates that salary remains the top factor in influencing candidates' decisions on where to work.
Whether you’re seeking a promotion, negotiating a pay rise or changing careers, salary plays a significant part in determining your next role. For a clearer idea of the amount of salary for the jobs you plan to pursue, go to our Salary Comparison Tool to determine how your current salary compares to the market average. This tool is updated yearly with data based on actual job placements across various industries in Australia.
So, what job pays the most in Australia, and which are the highest paying jobs in Australia in 2023? In this blog, we will explore the top 10 best-paid jobs in Australia, providing insights into jobs that pay well in Australia and helping you make an informed decision about your future career. From lucrative industries to roles with growth potential, we've got the information you need to find good jobs in Australia that will not only satisfy your financial goals but also align with your values and aspirations. Stay tuned as we delve into the highest paying jobs in Australia for 2023.
In 2023, Australia's job market sees a variety of industries taking the lead in offering the highest-paying roles. The top 10 highest-paying jobs in the country span across sectors such as legal, technology, property and construction, digital, finance and accounting, sales, and mining, energy and resources.
The legal sector, particularly in-house general counsel roles, dominates the list with positions at ASX 100, mid-cap, and SME companies, all varying in experience requirements. The most lucrative position is an In-house General Counsel at an ASX 100 company with 7+ years of experience, boasting an average salary of $437,500.
The technology sector holds a strong presence with the role of Chief Technology Officer, earning an average of $350,000 per year. In the digital field, Chief Design Officer and Chief Product Officer positions also secure high-paying roles, averaging $300,000 in annual salary.
The property and construction industry has a key presence with Development Directors earning an average of $289,000. The finance and accounting sector also features high salaries, specifically for temporary Chief Financial Officers, at $300,000 per year.
Healthcare sales roles, including Managing Directors and Country Managers in medical devices and pharmaceuticals, command an impressive $300,000 average salary. Lastly, the mining, energy and resources sector witnesses the Head of Operations position earning $325,000 on average.
These top-paying industries and sectors highlight the diversity of the Australian job market and the lucrative opportunities available across various fields in 2023.
Understandably, salary is a significant deciding factor wherever you may be on your career journey. To help you decide on your next move, we have compiled a list of the highest paying jobs in Australia, derived from our Salary Report.
While our list of the top 10 highest paying jobs in Australia naturally showcases senior roles, it also highlights the more highly paid job sectors and industries. Knowledge of this would help you decide on the industries to go into if you’re starting out or changing jobs or careers.
Average salary: $282,500
Average salary: $289,000
Average salary: $290,000
Average salary: $300,000
Average salary: $302,500
Average salary: $325,000
Average salary: $342,500
Average salary: $350,000.
Average salary: $362,500
Average salary: $437,500.
Our 2023 Salary Report provides a comprehensive look at the most up-to-date salary numbers in different industries and for all experience levels. Download a copy of our latest salary report here.
To find out how your salary compares to other roles and industries in Australia, go to our Salary Comparison Tool. Are you seeking a new role? Click here for these available job openings now.
Disclaimer: Salaries can differ from company to company and depending on your skills, knowledge and experience.
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The highest paying jobs in Australia for 2023 include positions in the legal, technology, property and construction, digital, finance and accounting, sales, and mining, energy and resources sectors. The top of the list is occupied by In-house General Counsel roles in ASX 100 companies.
Our Salary Comparison Tool can help you determine the average taxable income for various roles across industries in Australia. You can also refer to our 2023 Salary Report for a comprehensive look at salary numbers in different industries and experience levels.
Yes, internal medicine specialists are among the highest paying jobs in the medical field in Australia. Medical practitioners, including specialist physicians and surgeons, typically have high average taxable income levels.
The average salary for financial dealers varies depending on the particular company, market conditions, and the individual"s skills and experience. To get an idea of the average taxable income for financial dealers, refer to our Salary Comparison Tool and 2023 Salary Report.
Yes, engineering managers are among the highest paying jobs in Australia, especially in sectors like mining, energy, and resources. Their average taxable income is typically higher than that of project managers and other technical roles.
Legal professionals typically need to complete a university degree in law, followed by practical legal training (PLT) through a recognized provider. After completing PLT, they must gain admission to the local law society to become a practising lawyer. High paying legal jobs, such as In-house General Counsel positions, often require several years of experience and expertise in a specific legal area.
Yes, project managers, particularly construction managers, often have high paying jobs in Australia. Their average taxable income is typically higher than other roles in the construction sector, reflecting their skills in overseeing construction projects, risk management, and ensuring compliance with government regulations.
You can find valuable insights into the highest paying jobs in Australia for 2023 by reading our blog post, exploring the top 10 highest paying jobs, and referring to our 2023 Salary Report. Our Salary Comparison Tool can also help you determine how your current salary compares to the market average for various roles and industries.
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