Considering that the forum consensus now is $100k is not considered rich, what jobs pay more than $200k a year?
Interested to hear from people who earn this and how they got there.
What Jobs Pay $200k a Year?
pollambo on 06/02/2021 - 15:01
Last edited 06/02/2021 - 15:08 by 1 other user
Last edited 06/02/2021 - 15:08 by 1 other user
Comments
And don't forget, ABC staff should take a pay cut for covid but politicians shouldn't because they're 'working hard'… lol
Do you think that amount is approperiate to attract someone tallented enough to run an entire country?
What is the level of income for the top corporations in Australia? (Hint - It's in the multi millions)
Well you can always sell a kidney?
Per annum?
Not your ones silly
No one throwing a Westpac intern into the mix?
You need an AMG first
How can an intern earn that much? I want to know too
High Yield Investment, of course.
Such as this fine motor vehicle you see here
´◔‿ゝ◔`)━☞
I believe air traffic controllers earn 200k PA after a while
I think they start as low as 55k
As a trainee - yes
As a controller - noFor a very short time if at all.
Even in the military you get $150k after 10 years after starting around $70k post basic training.
Username checks out
@Muzeeb: Haha, I chose this username when I was 15 and got battlefield 2 from a pizza hut deal. Good times.
Even in the military you get $150k after 10 years
Is that everyone in the military? Gosh now I know where that monstrous defence budget gets spend every year.
@serpserpserp: No, specifically ATC. Due to the high pay available externally the pay needs to be higher than average to keep people from leaving.
The national average salary for an air traffic controller is $50,879 per year, with salaries ranging from $14,000 to $130,000 depending on the location of the facility, complexity of the flight path and other factors.
Hmm, indeed thinks otherwise.
Using indeed as a source. Hmmmm.
Try the ATC certified agreement. Scroll to page 74. This is the real data.So these guys are only used in Melbourne or Brisbane, but I accept that Indeed isn't a great source to use, it was just a quick find. It'd be interesting to see what wages look like in regional airports and smaller cities such as Perth, Hobart Adelaide and Darwin.
@NatoTomato: They are the same. A controller in Perth earns the same as a Melbourne controller. Sydney is the only exception.
@Muzeeb: AH sorry, was reading more into the website. Big control stations are in brisbane and melbourne but there are towers in many other cities.
The national average salary for an air traffic controller is $50,879 per year,
Who would want to do that job for that salary?
Jobs in which you need to work hard, manage a lot of people and get them to acheive results and KPIs, and or one in which you are literally the top 5% in your industry.
Write the next great Australian novel.
Or help the Premier of your state stay in power, you'll have at least 200k worth of favours a year. People who need stuff covering up will come to you with their hands stuffed with cash.
Working a 9 to 5 job for a mining company, after cash and shares bonus, one can earn this amount.
9 to 5?
Mines run 24/7. If you're anywhere in a senior level, your salary might be based on a 40 hour week but you're more than likely doing a lot more hours outside of the 9-5.I.T department as a business analyst, with finance and i.t background. Analytics and ERP skillset. Getting to that pay grade takes time and 2 degrees.
If you are good at your profession, $200k is not a big ask I would not think.
I'm in IT DevOps and $200k would be standard for most workers around me. I was earning the $200k mark early 30s before moving the country a couple of months pre-covid.
Still earning the same; just working from the bush.
teach me master, what are the certifications or qualifications to be a DevOps like that ?
Looking at AWS certification, Azure certification and Google Certifications predominantly in the infrastructure space along with a good knowledge of software development - knowing how to code is pretty much essential; but won't need certifications in the coding space.
I'm predominantly an AWS Infrastructure architect, but my skills lend me to any of the 3 major players in that space and work closely with dev teams to streamline what they do.
Thank you very much. What would you recommend to get experience and ways to show the skills ? (like GitHub projects but for the DevOps)
@bazingaa: Getting your hands dirty always helps. There are plenty of corporations out there recruiting people into the devops space at entry level sort of wages.
Experience with the tools and technologies are always important of course. In my area we are always looking for experience with AWS and the standard devops tools sets involved in CI/CD (Bamboo/Jenkins). Look at what people are looking for in the devops space in seek and get familar with the toolsets.
In terms of GitHub projects, contributing to active ones always helps and can get you noticed in application processes; but it's not something you HAVE to have done or be involved in. Contributing to things within the field also helps, I recruited someone recently based off their work involved with a particular plugin for Jenkins.
@MorriJ: @bazingaa
I second pretty much everything @morrij says, I'm an cloud architect, so for me it s more about being able to design / describe complex systems on the fly rather than be able to … actually make them… as embarrassing as that sounds.If you can, get your stripes at a cloud provider, rather than a bank or consulting firm get in at whatever job you can, then transfer internally until you find something you like, I had other tips in my other comment,
What's the workload like for IT DevOps?
If you are good at your profession, $200k is not a big ask I would not think.
I think your dreaming. there would be more on <100k than there are on 200k.
Software dev in Finance. $200k+.
Yes. Seen SAP contractors on $300k+
Those $180/hr SAP contractor jobbie seems to have dried up, some of the have the audacity to sook when they got asked (err demanded) by their employer them to drop their rates to $150/hr.
Feast and famine. People seem to scale up their lifestyle to what they are getting paid then have a hard time adjusting down. Perpetual growth is what governments try to rain the hamsters to believe.
Stuff that, I want to know what jobs earn $100k for 0.5 FTE. 😎
CIO or CFO or Managing Director of top 500 company.
even for top 1000 company, you'd see 200k
That's true for corporate where there is standard banding. But youd be surprised at how much SMEs pay for IT leadership.
But youd be surprised at how much SMEs pay for IT leadership.
How much?
@cloudy: Previous work. Security company of approx 400 + 3000 contractors. - $280k
Current position $360k - Scope is bit more than IT, includes delivering platforms to deliver marketing/social media/revenue generation.@pegasusx: That's impressive. How hard do you have to work for your money, though? Do you work typical 8:30-5 hours, or do you find yourself working late? Are you happy? Do you hold a lot of stress?
I know that a lot of highly paid medical professionals often encounter high occupational stress, but I was wondering if you IT guys working at a similar level are exposed to the same stressors, or if they are somehow insulated from it.
I do wonder whether IT rates will suffer in light of the fact that kids are now being taught coding and the like at a younger age and that more and more school leavers are pursuing this indistry. Skills that were previously rare and relatively niche are now relatively common.
I work in IT Sales for a big global and 200k is quite common.
$200k is considered low in commercial construction
for project management yeah.
What roles in commercial construction would earn over $200k? Genuine question
almost anything if you have the right attitude and experience. project managers, site managers, laborer's (with enough over time), trades etc
most people dont realise just how much money there is in construction. construction managers in major residential and commercial construction can easily be on $300k - $500k
its just a very mentally and physically tough environment that a lot of people cant hack. phone starts ringing at 6am, working long hours, 6 days a week. very high pressure.
There's money in construction, because there's a lot of money to be lost in construction. (Source: I'm in construction).
You need to be dealing with high risk, high pressure, long hours, and being able to out perform your peers. Companies will compensate you for the value you bring.
Onlyfans? Oh, you said per year, not month…
I should hit $200k this financial year. I work like a dog across 2 jobs(1 my own business/side hustle) the other a fulltime blue collar job with high amount of overtime. I probably average 70-80 hours a week. Brisbane based.
What is your blue collar job?
unskilled labour in warehousing. Not trade qualified etc.
Do you have any tips to make a lot of money, I am based in Brisbane I make less than 80k a year.
@Yaren24: im not sure what kind of work you do, or can do. I know others who make good money as trade assistants, or labourers on EBA commercial worksites.
@Yaren24: How many hours per week do you work?
If you average the hours krakenn is working, it's the equivalent of ~$100k on a "normal" 40 hour week. Works out to around $52/hr once you take out annual leave which is still good for unskilled labour but they are just doing a lot of hours over the week/month/year to earn more.
If you're earning 80k and working a 38-40 hour week, work more. Paid overtime is good if you can get it as it's generally paid at a higher rate.
Find a side hustle. What skills do you have to use outside your normal job? Becoming a sole trader is potentially the better way to do it rather than a second job as you will pay less tax. If you don't want to work more, then you need to increase your worth. Invest in yourself to get a better paying job.@Yaren24: Essentially just get an ABN. You can register a business name if you like but don't have to.
Do some research, the Small Business and ATO websites are a good place to start.Essentially any revenue that the "business" makes will be taxed at your personal rate rather than a higher rate if you were to just get a second job and pay payroll tax. You can also offset/reduce your taxable income with any deductions that the business makes.
@whitelie: Thanks man, this is a good start, I am thinking about business ideas, what are the areas in demand that can fairly profitable in 2021 and beyond
So a shit kicker in a warehouse and your on 200k?
I need to kill my careers advisor at school.
$200k and no work/life balance.
Everyone on Whirlpool.
Applause!!!
So we got freeloaders, cheapskates, tightarses and people working less than 80k a year on ozbargain, people who dont use either ozbargain or whirlpool who rakes in 80k to 200k and then on whirlpool we have people with over 200k a year salary.
This is more of an inside joke on Whirlpool… everyone on Whirlpool seems to report ridiculously high income (no doubt plenty of embellishment happening)
I know some of them are definitely on 200+, they are my colleagues/ex-colleagues, sales/pre-sales and vendor resources that I've worked with over the years.
Local mechanics who overcharge with no overheads
Head of IT - 14 years of experience in the field (Tech) with Commercial experience (Masters Commerce / MBA) as well.
I dont consider myself that smart and always learning. But been working since I was 8 yo, as our family emigrated to Australia with basically nothing. So I believe my engrained work ethic has got me a long way.Also, its only in the last 5 years that I have broken through the 6 figures. Mostly due to being in large corporations for 8 years. This is where you’re competing with 3000 other people for the next salary band. In a private non-listed companies with < 300 staff, I find that I could negotiate salary according to your contribution, and not your market grading / banding etc.
Hi pegasusx, this is great information. Can you please detail each stage of progression from Field Tech all the way to Head of IT. I am currently Service Delivery level, seeing how to progress towards the Head of IT. Have worked most in Managed Services, so may look to go "private non-listed" for further progression.
I'd say do it right now. You won’t regret it as long as you’re willing to put all of your skills and time into the role. i.e. none of this 8-5pm like MSP/Corporates. You deliver objectives and outcomes.
So listing some of the most important roles progression below.
- Programmer / DBA for Telco 1 year - 1st IT job and I learned to hate coding. Drove me to discover other roles.
- Field services/Netops for Miner 2 years – Only did it for the FIFO money – Learned tech and picked up networking skills CCNA/NP, JNCP.
- Business Analysts for large MSP 1 year – Came back to civilisation as I started to M.Comm. Good experience to see IT as a function of the business.
- Service Desk Manager for large MSP 3 years – 1st leadership role – 12 direct reports – Great experience for a wider scope of all IT services, and the management of people rather than technology.
Regional Process Manager for large MSP 2 years – Pivotal role. More interaction with the MD/VP level and basically, I realised that salary ceiling banding is engrained with corporate culture and your PD/Role. Contributing 150% does not translate to 150% return on package. Also 1st redundancy and decided to take IT Haitus.
IT Hiatus – Started my photography business 3 years – Pivotal role. Ran business from the top down, from driving the revenue, leads-conversions, marketing, Wed-dev, SOE, client/conflict management, running a CRM, financial, loans, AR/Debt recovery, legal, taxation, BAS, etc. Loved it. But had to end as I decided to settle down and no more travelling.
IT Manager for a global financial firm 1 year – Back into IT, poor salary but bonus was amazing due to financial performance.
- IT Manager for a SME security company (private) 3 years – First SME company and culture was great. You get to contribute all your skills outside your PD. Flat org structure means you are dealing with the MD / CEO / C Suite directly. Job title/PD was not accurate as I helped transform the business with IT automation, revenue from digital media, and quantified my contribution to a tangible amount. Negotiated a massive pay rise I could not dream of in large corporate/listed/salary banded companies with my "title"
- Head of IT for a private equity fund 2 years – Current role. Same as above where I can apply all my skill sets using IT to optimise/drive the returns on the funds and the assets that we own. I sell my contribution direct to the C-Suite/ board and control my salary.
I earn over $200k and have no real qualifications with what i do. The secret? Run your own business and not work for someone.
Could you elaborate what business your are running and what skills/qualifications needed in running your own business?
It isn't about the business. It is about whether you got a market. Won't work if you run the only pub in Mecca.
I don't have any formal skills or qualifications, at least not in the area of my business. It really is a rags to riches type story, i grew up in a ghetto houso area with a single parent on centerlink. My success has been a mix of luck, good timing a lot of determination and a crazy amount of work.
For he first few years after creating the business i was working 24 hours straight, sleeping for 6 and repeat. For 13 years i worked 365 days and had no days off, not even Christmas day except for one year i was hospitalized for a few days. So it's been a huge sacrifice, seeing friends go away on holidays etc enjoying life.
@Jayblu No it's not MLM, or some Tony Robbins style seminar lol i dont get in to that. I created an actual product, one that made my life easier and helped me. People showed interest in it, so i begun selling it not thinking in my wildest dreams it would quickly hit 7 figures in sales.
So the money is good, but the work/life balance is bad, lots of stress and you dont get to clock off at the end of the day or on Friday arvo and forget about work and enjoy some me time. I'm not complaining but earning so much comes at a cost.
There's a guy with a YouTube channel called Million Dollar Bogan, he has a similar story to me and didnt have a cent to his name, only a basic education and now owns 5 real estate agencies. Interesting story, he has a motor vlog but has details about his career scattered through various videos like https://www.youtube.com/watch?v=HQh41-kcUmM
Im pretty sure you didn't mean for it to sound this way, but I'm getting MLM vibes from this comment.
What business do you run?
IT managers. All these people saying “Software Developers” etc. Their manager will earn more!
The wealthiest people I know are tradies who run their own business. Our neighbour is a commerical plumber with 3-4 employees and makes around 400-500k pa. In the family, I've a cousin who is a sparky and another who is a plasterer, and both tell me they take home about 200-250k pa. Pretty average hours (40-50hrs per week) too.
I worked in employment law for a time and can also say that there are a lot of people in sales jobs that earn hundreds of thousands a year.
This. Education is a farce. The money is in trades. And has been since 2000. I know MANY tradies. None roll out of bed for less than $1k in the pocket.
Reason is they pushed everyone to go to Uni. Nobody wants to get their hands dirty.
All these graduates pushing pen and papers at client side of reception at Centrelink so they can get jobseeker
I agree, and this is something that I have lamented for a while. My teachers always tried to encourage the more academic kids to pursue university, while they relegated other students to trades - as if these occupations don't require smarts to succeed.
If I could do it all over again, I'd probably be a sparky. No HECS debt, essentially paid to learn, and the potential to start your own business without years and years of experience. When it's time to retire, you can do basic cash jobs for beer money. Not bad.
This. I want to switch to trades jobs every time I see the contractor bills.
Another option is automation engineers. Not alot of good ones in my experience and difference between cost of hiring an automation company or a sole trader.
Totally agree. I can’t afford to live on an apprentice salary, but if I ever find someone local willing to take on a part time apprentice, I’m getting my sparky ticket. Interesting work (for me) and damned fine money.
Must be pretty good at their jobs to demand
$225,000 / (48 weeks x 45 hours) = $104/hour after tax
You ever hired a sparky before?
They come out to change power points and charge $250 a pop. Sometimes more.
Usually it’s a quick change over, less than 5 mins work, still charge the same price.So for a 4 powerpoint job a sparky is charging 1k and doing 20 mins work?
Last time I hired one, he installed a sensor light and a power point, charged me $75 and was there the best part of an hour.
Maybe you need to find better priced tradies!@whitelie: Might be when he hires for work? There's a difference between when tradies do work for Companies and when its for people or small business. Companies want signed payment terms, agreements on how you'll do business, risk assessments, site inductions etc. That and accounts departments are often slow to pay contractors. Tradies often charge a "you're a pain in my ass to deal with" tax.
Prime minister of Australia, A$549,250. Work benefits: Travel to Hawaii while the country is battling with one of the worst bush fire in history.