Top 10 Highest Paying Jobs In Australia + Salary Estimation (Update 2023)

Inasmuch as the fact that wages do not keep up with high inflation and increasing pressure on the cost of living, many Australian are seeking higher paying jobs.

It is stated that one in three Australian workers are quitting their job. The reason is not due to their big expectations of having high salaries. It includes different factors such as, low motivation, burnout،  lack of improvement and dissatisfaction with boss.

By and large, salary and well-being are two paramount factors for employees. Considering them, let’s a have a close look at top 10 highest paying jobs in Australia.

1. Legal: equity partner

Although becoming an equity partner in law takes a great amount of  time and dedication,  the rewards, when you get the job,  are substantial.

It is reported that equity partners of leading private firms in Perth, Brisbane, Melbourne and Sydney earn average salaries in excess of US$500,000, among which Sydney is leading at US$850,000 and above. By and large, a general counsel normally earns between $250,000 and $400,000.

 

2. CEO and MD

If you are the CEO or General Manager of a company with sales of $50 million to $500 million, your typical income is $600,000, but it can be as high as $700,000.  Similarly,  those who are Chief Operating Officers and Executive General Managers normally earn around $500,000, but can face an increase up to  $600,000.

Chief Financial Officers and Finance Directors in the same organization typically earn about $450,000 annually, but their income also can go up to $600,000.  Based on what Hayes notes CEOs need to excel in many areas, including organizational strategy, organizational alignment, relationships with external stakeholders, and  engagement with the board.

 

3. General manager

There exist different salaries for retail stores ranging from $153,000 to $408,000 for head office retail directors, $408,000 for merchandise managers, and  $204,000 to $510,000 for managing directors.

There are other high-income retail jobs that include group planning manager or director ($160,000 to $300,000), national operations manager ($153,000 to $306,000), design manager or creative director ($140,000). ($255,000) and Purchasing Manager ($150,000 to $204,000). )

 

4. Head of Treasury

The Treasury Secretary is Australia’s highest-paid accounting and finance position, with an average salary for a Treasurer in Sydney of US$410,000.  On the other hand, tax directors, risk directors, and  internal audit directors can earn up to $400,000, while  financial managers at companies with revenues over $300,000 typically earn around $280,000. 

Various heads of internal audit may receive $300,000, senior commercial managers or directors  typically receive $270,000, and risk heads may receive  $300,000.

Considering professional practice, corporate financial officers or directors are paid $220.00 per year, bankruptcy officers or directors earn $200,000 per year, and accountants or directors receive $180,000 annually.

 

5. Development director

Hayes points out that currently some of the highest-paid jobs in the Australian property sector include development directors, with average salaries ranging from $224,000 to $388,000 in Sydney.

The regular salary for a development director in Brisbane is the highest at a whopping $306,000. On the other hand, the average salary of a development manager is between $133,000 and $255,000 for him, and the  average salary of a client’s project manager is between  $179,000 and $245,000.

 

6. Project delivery director

Renewable energy project development managers are among the highest paid jobs in the industry, earning the highest in Sydney ($224,000 to $350,000) and Melbourne ($260,000 to $357,000).

Based on what Hayes put stress on, to be successful, development leaders need to use “soft skills”, take a collaborative approach to stakeholder relationships, and take a strategic approach to large projects.

A renewable energy construction manager can earn between $153,000 and $230,000 and a grid connection manager earns  between $173,000 and $250,000.

 

7. Construction manager

Although the construction sector has faced supply problems recently, it remains popular and has plenty of high-paying jobs. Site managers earn the highest  at  $250,000 to $320,000, while project managers earn between $160,000 and $250,000.

A lead estimator makes  $120,000 to $200,000, a site supervisor and design manager make $150,000 to $220,000  and $180,000 to $240,000 respectively.  In Structural Engineering, construction managers typically earn between $180,000 and $280,000, and project managers earn between $160,000 and $210,000.

In home building, construction managers typically earn  between $160,000 and $220,000.

 

8. Head of sustainability

Experienced sustainability professionals are  continuously  in high demand, with  sustainability or ESG leaders earning  $310,000 annually in Western Australia. The Sustainability Manager is currently priced at approximately USD 230.00

 

9. CIO and CTO

Hayes points out that tech salaries have traditionally gone two ways. One that increases steadily over time and one that increases exponentially. There are plenty of jobs in the tech industry where the average salary ranges from $150,000 to $200,000 for a manager, but managers earn much higher.

Common executive salaries are based in Sydney and include Chief Information Security Officer ($255,000), Chief Information Officer, and Chief Technology Officer (both his $306,000) .Currently, the Project Leader earns him $260,000 in Project and Change Management, the Program Manager earns him $210,000, and the Enterprise his Architect earns him $230,000.

 

10. Executive director of communication

The Executive Director of Communications in the PR and Communications department has huge earnings potential and  can typically be expected to earn a  salary of $300,000 in Sydney.

Similarly, Sydney-based marketing executives are expected to have an average salary of $220,000 , while the director of communications is expected to have an average salary of $215,000.

In conclusion

In this article we tried to make you familiar with high paying jobs you can have in Australia. Hope, you can get the best of it.  If you have any question,  email us.