Highest Paying Companies in Australia

Edit: Marketing -> Digital Marketing

Hi All

I am considering a career change - and as my next step want to move into a high paying company. I'm from Melbourne.

It would be cool if we can create a pool of companies which offer amazing pay compared to others in the industry.

Some companies I am aware of are:

Google Australia
Salesforce
BHP
Rio
BP
Coles
7 Eleven
All major Banks

Please feel free to share any others you are aware of :)

Comments

    • +11

      Rubbish.

      • -1

        It's not exactly true. They get paid the same but the government gives the company money back for hiring them. I've seen it at Telstra.

    • -2

      Tell that to the thousands of Indian specialists

    • -1

      Indian employment is alive and well in Parramatta.

    • +92

      Bull$&%t. The company I work for underpays everyone equally.

    • It's all in your head :)

      • What about unconscious racism?

        • +1

          What about racist Indians?

    • +1

      stfu

    • is it racism or just a supply and demand is lowering costs?

    • +1

      Do'h! That is why they are permitted to immigrate here in the first place.

    • What a joke mate. Pull your head in.

  • +2

    Coles?

    • head office

      • +1

        Its a bad time at the moment at Coles, people are leaving in droves and becoming redundant, they are cutting back drastically after separating from Westfarmers, they recently fired 400 people in store support and big wigs are jumping ship

        • +1

          They aren't paying people for marketing, they are getting the companies who want their products displayed prominently to cough up the $$$

          • @DemocracyManifest: This has been the case for all supermarkets everywhere for about 50 years…

            Want that end-cap? Pay for it.

        • becoming redundant

          becoming redundant or being made redundant?

      • Politician lol they make fortune for doing little.

        • It's the ones that yell in Parliament that makes the extra cash

          • @capslock janitor: I don't believe that's true. Politicians make something like $400k which is a cool sum of cash, but being a company CEO will get you 10 times that.

            Surely running a country is a very hard thing to do, so they deserve to be paid well?

            • @Bad Company: Thanks for sharing - would you know how much the benchwarming Pollies make, that sit in the back? Am curious what's the range?

              • +1

                @capslock janitor: $400k for the NSW premier. Federal parliament pays $200k base salary, and an additional $320k to the prime minister.

                Of course, being a politician opens up new doors for you, so your salary is not your only source of income. But still not even close to a $5m pay package Alan Joyce (Qantas CEO) receives. I admit I'm jealous, but I also believe it's wrong to have a company CEO receive 100x the salary of a base level worker.

                • @Bad Company:

                  pay package Alan Joyce (Qantas CEO) receives. I admit I'm jealous, but I also believe it's wrong to have a company CEO receive 100x the salary of a base level

                  I hated hearing that and was shocked at first.

                  Interesting though reading blogs a week back about WHY Alan Joyce 'deserves' that much, for turning around Qantas into the green with all he has done..

                • +1

                  @Bad Company:

                  But still not even close to a $5m pay package Alan Joyce (Qantas CEO) receives

                  It was actually $23,876,351 last year - 270 times the national average.

                  • @Baysew: I'm fuming.

                  • @Baysew: Thanks for sharing. Damn, my source is out of date. I remember years ago Alan Joyce made news when he increased his salary from $2m to $5m.

                    Now it's $20m lol.

  • Don't know if this is a fact but I have heard Mars Incorporated pay more than similar businesses to get the best people from the areas they are located in.

  • +8

    Really going to depend on what type of work you do. Can’t just blanket statement that these companies pay more than others
    Eg plenty of in house roles pay less than consulting equivalents

    • I agree. There’s a huge pay gap between front office and back office.

  • +17

    I think you could do well as an plumber specialising in Indian families

    • +1

      Most middle class Indian families don't need plumbing. They have a maximum of two kids

  • +49

    as my next step want to move into a high paying company

    You as well as everyone else in Australia, lol.

  • +7

    This thread is gonna be good. straps in

    7-Eleven….. interesting thats in your list.

    http://www.fairwork.gov.au/about-us/news-and-media-releases/…

    • Once again.. head office lol.

  • +4

    “Amazing pay?” Tell him he’s dreaming and understand that to get that sort of pay - you have to work your ass off to beat the best in the business. Nothing worthy comes easily!

    • +20

      I reckon I'm worthy even though I… come easily.

  • +5

    Very vague. Different roles get different pay.

  • +5

    Sounds like anything is possible for you? Buy Google company. You'll get paid half a trillion annually. There's your winner.

  • +2

    7-Eleven? Seriously?

    I suppose it depends on what type of position you're after. This information is crucial.

    • +5

      He's also considering Uber driver, car wash attendant, and trolley collector.

      • Even a self-appointed trolley collector (where coins are needed to unlock trolleys) will make more money than being an Uber driver…………

      • That kind of money is pretty good for an Indian.

  • +15

    You don't just career change into a high paying role. :)

  • +3

    NBN Call centre

    Nicole is obviously overworked, and the scammers made millions last year…..

  • +2

    Nigerian scammer

  • +10

    Celebrity chef restaurants.

    • +2

      Yeah I heard George Calombaris pays his staff really well

      • +5

        Start a company specializing in cooking the books, there's a few out there. I have my ethics but there's money to be made in cold calling restaurants and cafes for sure

  • +5

    The sex industry? An ex of a mate of mine was a qualified social worker-turned-high-class-escort because escorting paid more than social work.

    Trades? A mate became a plumber despite having a BSC in Environmental science and an MA(?) in Library science.He owns a house and a nice fishing boat, all fully-paid off. He was renting before his career change.

    • +7

      because __________ paid more than social work.

      I think 99/100 jobs would fit in that blank. And the 100th one would be "social work".

      • What about the wolves of Wall Street? They can afford more than 1 sex worker AND cocaine at the same. time! :b So can some healthcare specialists. Rumours has it that some of them go on quite the binge.

        I also doubt that all sex workers get paid the same. As with any other job, their pay would be commensurate with their skills and expertise: some must get paid shit money (like the ones around Frankston station), while others get a shit load.

        The missus and some of her classmates were approached by a recruiter for a "prestige" escort agency at their after-graduation party. They all had a postgrad in social work and/or psych from a top Melbourne university. There were a few takers. I wonder how much they get paid…

        • +1

          There were a few takers. I wonder how much they get paid…

          Yeah - just because it's higher paying doesn't mean it's necessarily a better job looking at the whole picture. I dare say escorting comes with a fairly unique set of downsides that social work wouldn't. On the other hand, depending on the specific social work job, the two might share some uncomfortable common risks and dangers.

    • Have you heard of anyone moving from IT to plumbing ? .. and here you go : https://www.skills.vic.gov.au/victorianskillsgateway/Student… plumbers make an average of less than 70k a year

      • -1

        plumbers make an average of less than 70k a year

        I'm not a tradie, so I wouldn't know exactly how much they make, but there's no way my mate earns only 70K per year. His house is walking distance from the beach , has a fishing boat and recently took his 3 year old to Disneyland Paris to celebrate his birthday.He's not hurting for money. His missus doesn't work , so it's him paying for everything.

        p.s: According to this article plumbers and electrician were the highest paid tradies in Australia, earning more than the average lawyers.

        • +6

          70k declared income, the other 50k is cash.

          • -1

            @[Deactivated]: Even 120k doesn't sound right. How do you buy a house on that income?

        • -1

          *According to this article(news.com.au) plumbers and electrician were the highest paid tradies in Australia in 2016 , earning more than the average lawyers.

        • agree with @jar jar Binks plumber in my neighbourhood has Range Rover plus his missus doesn't work as well, and rest have Japs or Koreans.

  • +10

    All the hospitals in Melbourne pay well….if you're a consultant with 10-12 years of school and training and 20+ years of explicitly specialised experience.

  • +3

    Google has nice benefits, but nobody I know who has worked there says the pay is especially good. I know several who turned down roles there for low pay.

    • +5

      I think it's because Australia has little to no development done here. They throw money at the Berkeley graduates over there.

      • -3

        Nope, they don't pay that well comparably in Silicon Valley either.

        • +3

          I must have been dreaming it when working at intern fairs at Berkeley watching it happen with Google, Apple and Adobe trying to attract the best computer science graduates. US$80K plus serious perks is a pretty good graduate salary if you ask me. NASA were also there, salary not as high, but yes it's pretty hard to compete with even when we were giving away free quadcopters to get their attention. They are bright kids and treated well.

          • @[Deactivated]: Dont go onto the Blind app then. Full of people saying they get TC (total compensation) of 250k+ at google US and others.

    • Having looked at all this quite closely. My impression was for senior engineer positions, Google Australia pays very well. For American positions, less so. (I upvoted MrBear because I thought the downvotes were inaccurate). The thing is, at the present exchange rate, Australian software engineers are very cheap. In the US, there is no exchange rate advantage and Google rests on its reputation to pay average salaries (where as competitors pay a little bit more to attract employees). Strangely revisiting Glassdoor today, the non-senior software engineer salaries appear nothing to write home about. https://www.glassdoor.com.au/Salary/Google-Senior-Software-E…

      • I don't think their salary policies for Australia would keep changing based on exchange rates though.

  • +2

    Surely life is more than just trying to get the highest salary / wages.
    If that is all you want, maybe get 2 or 3 jobs.

    • +2

      No it's not. But it's the biggest chunk of it. You can't live your life properly if you're working 3 jobs. You can't live life properly if you're homeless or stressing about being able to afford a home in Australia.

      Everyone trades time for money, obviously you want to get the most money for the least amount of time.

      • Yep, but OP makes mention ONLY of getting a job with the highest paying company; singularly focused.

        • +1

          Work is a soul crushing grind. May as well get th best possible compensation for it.

  • maximum pay for minimum effort

    • +5

      Newstart? Technically dividing by zero there.

      • +4

        dividing by zero? that's illegal

      • wftd

  • Any big company will have good pay (though retail tends to pay the least).

    If you want to roll the dice then join a promising start up. Potential pay off is huge if you get some early equity.

    Agencies can pay very well as you get more senior but prepared for ridiculous hours.

    • From a software engineers perspective, agencies actually are on the lower end compared to large corporate or banking.

      • This always confuses me but then I remember that corporate and banking is not just customer service and looking at numbers.. I guess you kind of have to be a stock guru as well or am I wrong because I still don't know to this day what high level banking and corporate are responsible for if not just making executive high level decisions.

        • It's purely about the revenue of your department and the stability of the future.

          At an agency, revenue is always up and down based on contracts, so the future is never clear. And contracting itself is very competitive for the larger clients, so profits aren't that high.

          So overall it makes a lot of sense.

          • @Kill Joy: So what do the large corporate and banking money makers actually do are they just super powered customer representatives and data entry gods or is there something else

            • @AlienC: I dont know what you mean by 'money makers'.

              • @Kill Joy: Sorry brain just farted while I was writing that what I meant is what do the high earners in the banking and corporate sectors actually physically do that sets them aside from the low level earners because I feel like apart from making executive decisions they do the exact same thing maybe just handle less low level grunt work but then what exactly is high level money making level work.

                Hope this makes sense I just want to know exactly what each job does and if it justifies their paycheck or if it is just a seniority / politics game and not really merit based.

                • @AlienC: Don't get confused - it has never been nor ever will be about merit. Sure you need to have a certain amount of intellect and work ethic to get a job in the industry, but the defining factors for managers/directors/C level executives on big salaries is three things.

                  Power. who you know - you can climb up the ladder easily if your gold buddies with the CEO or the board, family friends, old coworkers, etc.
                  Presentation. Clothes/confidence/demeanour. Dress for the job, be confident, loud, clear, and know how to sell yourself.
                  Manipulation. This is the main one. convince everyone that you are the right person to do everything, be really effective at communicating your ideas, solving conflict, and move yourself into the right place. Plan far ahead and do things very deliberately to climb through the ranks.

                  If it were easy, we'd all do it. Unfortunately none of these are easy to self improve, and take many years to build and master. You need to decide if its worth the cost to you. I gave up on the idea long ago, it was no worth the stress, anxiety, and time lost to simply have more zeros on my pay check. After 80k a year, your happiness does not increase with your income anymore.

  • marketing is a low paid entry job, unless you're gunning for senior or marketing exec role.

  • high paying company

    Uh-huh…

    7 Eleven

    ….?

    • lol head office pays really really well. can confirm from a couple of friends.

      • which job roles.. I am in the job market lol

      • Indian miners from India..?

  • +22

    I think your approach is wrong.
    With the exception of SFDC I think all the companies on your list go out of their way to keep employee pay under control.
    They have benchmarking programmes and progression structures to make sure pay is inline with the wider market.
    There are a few employers who do pay above market rates. British American Tobacco pays very well and has good perks. Places like Broadspectrum who are involved in some contracts many people would find questionable. Marketing agencies specialising in firms with image problems.

    But most businesses have certain roles that are paid well, and others that are paid routinely.
    You mentioned Google, who pays star developers very well, banks who pay their upper management very well, mining companies that pay underground staff well. But if you are an accounts clerk at these places, your pay is much the same as an accounts clerk at a suburban real estate office or a government agency.
    I can add sales people who hit their numbers at most places, actuaries at insurance companies, lawyers in M&A, tax accountants at the big 4, surgeons in hospitals etc. But saying hospitals are good paying employers because a surgeon earns $400,000 is nonsense when the ward clerk earns $40k.

    • +13

      Stop making sense in this nonsensical thread.

    • Thanks! :)

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