Build Your Wealth: A Quick Guide to the Highest Paying Jobs
Without a doubt, choosing a career is one of the most important decisions you’ll make in life. No pressure.
The key is finding a job that has a decent salary while making you feel fulfilled and engaged. If you’re struggling to find your niche, one option is to find out the highest paying jobs and see which ones interest you.
Without further ado, here’s your glimpse into the careers with the highest earning potential in Australia.
Highest Paying Jobs in 2019
While Australia has a healthy median wage of around $65,000 per year, why stop there? Consider these wallet-busting jobs.
Managing Director
In most companies, the managing director is the highest-ranking person in the business. It comes as no surprise that these executives command the highest salaries.
Managing directors bring in a wide range of salaries. It depends on the company’s size and profits. While managing directors of small companies could make modest salaries, the amounts can top $400,000 in successful businesses.
Chief Financial Officers
Chief financial officers, or CFOs, do exactly what their title implies. They are the highest-ranking person in the financial sector of their companies.
As with managing directors, CFOs who are in charge of larger companies will make more money. Their wages can reach higher than $350,000 per year. If you enjoy finances and accounting, this could be your dream job.
IT Architects and Managers
It shouldn’t be any surprise that information technology is on this list. After all, it’s one of the fastest-growing and most lucrative fields worldwide.
IT architects may start out as IT professionals. They work their way up through added education and professional experience. When they reach the architect level, they’re the ones designing IT systems and orchestrating their departments.
On average, IT architects and IT managers bring in around $140,000. They can make more at larger companies, though.
Lawyers
As you well know, there are plenty of types of lawyers. As they become more specialized and more experienced, they command higher salaries.
Some of the best-paid solicitors and barristers bring in $135,000 or more per year. It depends on factors like the size of their firm, their specialized field, the types of clients they have, and more.
Engineering Managers
Engineering is a great field to enter not only for its salaries but for its job outlook. Of course, there are many kinds of engineers from software engineers to chemical engineers.
In Australia, the highest-earning engineers are in energy-related fields like oil and gas. When you’ve reached the rank of an engineering manager, you could bring in around $132,000.
Choosing Your Career
Without a doubt, earning potential is a crucial factor in choosing your career. After all, landing some of the highest paying jobs can give you a great amount of financial freedom.
It’s also about enjoying what you do, though. 40 hours per week is a lot of time to spend doing something you hate.
To take the next step toward your dream career, learn more about Career Planet or jump in by downloading our app today.
