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Top 10 Highest Paying Fields in Australia

Choosing the right field of work is important, and it is a choice that you need to make early in life. The university major you select is usually based on the field of work you want to be in after graduating. The market is changing rapidly, and we’re seeing new fields offering more opportunities than ever.

Despite the rapid market changes, however, there are some fields of work that remain in high demand and are quite rewarding. Here are the top 10 higher-paying fields in Australia for you to consider.

1 Finance

It is not surprising that professionals working in the financial markets are among the highest-paid in the country. Despite market uncertainties and the fact that financial service providers have been through a lot these past few years, finance professionals are still very needed.

2 Engineering

Engineering is another field you want to be in if you are looking for long-term opportunities. Engineers are here to stay, and they are needed even more than ever in a technology-centric world like today. In fact, engineers are filling leadership positions more than before.

It’s not just IT too. You only need to look at the specialists working at Incode Engineers from Brisbane to know that engineering is a marvelous field. The structural designs the company make are truly remarkable and they may persuade you to get into engineering yourself.

3 Retail

You’d be surprised to know that retail professionals are also among the highest-paid professionals on the market right now. By retail, I mean the retail industry as a whole. Working as a mid to top-level manager at a retail company means bringing home more than $100,000 a year.

4 Legal

While attorneys and legal professionals are known to be among the best-paid professionals on the market, there are some challenges you have to tackle before you can enjoy the same rewards. The rewards grow with your experience.

5 Marketing

Every company needs marketing. Today, selling products and services is no longer only about the products and services themselves. It is about value, relationships, and so much more. This is where marketing professionals come in.

6 Property

The real estate market is another industry that is now booming and growing at a rapid pace. There are more career paths to choose from in this sector too, including a career as a Real Estate Investment Trust (REIT) specialist.

7 Human Resources

This is another profession that grants you access to opportunities in various other industries on the market. Every company needs good HR management, especially when you consider how companies are putting an emphasis on employee development these days.

8 Digital

Until very recently, the digital realm is not a sector on its own. Today, experts in e-commerce, user experience, and digital marketing are among the most sought after on the market. Being an expert in SEO and SEM will make you very valuable.

9 Sales

Good negotiation skills and a vast network will make you the best in sales. As the market gets more competitive, businesses are working harder to strengthen their sales teams in order to win more customers. Aside from a healthy annual salary, expect a hefty bonus and other rewards when you work in sales.

10 Risk Management

Last but certainly not least, there is the field of risk management. This is also a field that used to fall under other sectors. The fact that many companies now manage their risks more seriously is an interesting development nonetheless.

Working in risk management means spending most of your time identifying risks in every part of business operations, and then finding ways to mitigate those risks. With an average salary of more than $120,000, pursuing a career in risk management is as alluring as careers in other fields we covered in this article.

Are you inspired to go down any of these career paths?  Let us know.

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