How Much Do You Get Paid for Your Job with ~4 Years Experience ?

biontears on 11/03/2022 - 03:15
Last edited 11/03/2022 - 03:18

Hi

Just curious how much does everyone get with a similar career level as myself in same or different industry
Also would be interesting to see how your work-life balance has been

Based in SYD - First job, Worked in IT company for 3 years with 80k salary (inclusive of super) + 9% bonus, moved and worked for 1 year to another IT consulting company with 110k (inclusive of super) (No bonus but pending promotion review this year with slightly higher salary and ~10% bonus)

Work-life balance has been quite good with my previous/current job, since covid WFH almost all time and only going to office maybe once a month, reasonable amount of work throughout the day, manager often ask the team to take early marks after some tough days, no late stays (9am-5pm or 10am-6pm)

Education & Work

Comments

  • geekcohen on 11/03/2022 - 05:53
    +3

    You are doing pretty well in that job. I am on about the same salary and I have been with the company in a similar field of IT for 5 years, so I think you are doing pretty good.

    • biontears on 11/03/2022 - 11:36
      +1

      I think having to move to another company gave me a huge bump, although I enjoyed working at my previous company, they could not match the offer from this new company, best they could offer was 90k with potential to be promoted (and ofc not guaranteed)

  • rektrading on 11/03/2022 - 07:20

    9% bonus,
    ~10% bonus

    A +7.9% inflation rate by the end of 2022 shouldn't be a problem.

    • biontears on 11/03/2022 - 11:34
      +1

      except ATO taking away half of your bonus haha

  • scrambledeggs on 11/03/2022 - 07:37
    +1

    5 yrs in construction, 140k + super

  • TheBilly on 11/03/2022 - 07:39

    Based in SYD - First job, Worked in IT company for 3 years with 80k salary (inclusive of super) + 9% bonus, moved and worked for 1 year to another IT consulting company with 110k (inclusive of super) (No bonus but pending promotion review this year with slightly higher salary and ~10% bonus)

    That is pretty darn good. I'm in construction and I hovered from $35k PA including super through to about $75k PA including super over a 5 year period. Naturally 10 years later its been much better but it was quite bad for the first 5 years.

  • brendanm on 11/03/2022 - 08:14
    +11

    Having super included in your wage is a scam.

    • Muzeeb on 11/03/2022 - 09:39
      +1

      I didn't even know this existed until I read this thread. WTAF

      • brendanm on 11/03/2022 - 10:26
        +1

        It's ridiculous. Government increases super contribution percentage, you get a pay cut.

        • ol mate on 11/03/2022 - 10:38
          +3

          There was a lot of talk about this leading up to 1 July 2021 (when the super rate increased form 9.5% to 10%). A lot of employers gave their employees a raise commensurate with the super guarantee increase, but realistically, they just reduced their annual pay rise by the same amount.

      • freefall101 on 11/03/2022 - 12:12
        +1

        Just wait until you see a day rate, suddenly you've got to work out the super component, annual leave, public holidays, etc. At first I went <day rate> * 52 * 5 and thought I'd won the lottery, $70k a year better off than my current job, but reality was closer to $20k

    • tsunamisurfer on 11/03/2022 - 11:50

      Is it a scam?

      Its just a way of expressing the remuneration. Most employers and recruitment agencies speak on those inclusive terms.

      You could easily say taxation is a scam.

      When my company says I earn $80k I don't get that in my pocket.

      • RCMD11 on 11/03/2022 - 12:03
        +1

        I verbally discussed salary expectations for my first job and didn't mention super, but when I saw it in writing the numbers were inclusive of super. If I knew that I would've specified a salary 9-10% higher.

        Lessons learned.

      • freefall101 on 11/03/2022 - 12:05
        +1

        Income tax is a personal liability, PAYG is just simplifying the situation.

        Superannuation is an employer liability. It's not your responsibility to pay it if your employer screws up and doesn't do it. They could include workers comp and payroll tax and call it "inclusive" using that logic.

      • brendanm on 11/03/2022 - 14:26
        +1

        Of course it's a scam. The amount of super that has to be paid can, and has, change. By bundling it in, if the super percentage paid goes up, your take home wage goes down.

        If your wage is $x+super, your take home stays the same, and super contribution increases.

  • DemocracyManifest on 11/03/2022 - 09:41
    +1

    Early marks, that’s awesome for morale. Last job I had they just worked people until they broke and walked

  • [Deactivated] on 11/03/2022 - 09:55
    +2

    110k (inclusive of super)

    DOn't talk about salaries that are inclusive of super.

    A few companies I've worked at did this as a way to trick people, especially overseas people, into thinking they are getting more.

    Just curious how much does everyone get with a similar career level as myself in same or different industry

    you haven't really mentioned what you do. "IT Consulting" is a very broad strokes section of IT that could mean any number of things from infrastructure consultation to programme management or engineering.

    Without knowing anything, you've been in the workforce for 4 years and are already about $15k over the median salary for Sydney. You tell me if you think that's good or not?

  • Lewd on 11/03/2022 - 10:39
    +2

    Medical Radiation Science in NSW, 4 years in = $87724.

    $48.20 an hour work 35hr weeks. That's it no more hours due to potential increased radiation exposure (it's none anyway)

    Super, leave loading, salary packaging and laundry allowance are the extras on top of that we get.

    Hourly rate is a better method of comparing incomes.

    6 figures sounds good until you realise you're working 50+hrs a week

    • biontears on 11/03/2022 - 11:29

      OP here, yeh I somehow thought 37 hrs a week is pretty standard without thinking others might be on part time or contract roles, was working 37 hrs a week in previous job and same in the new job

      • onetwothreefour on 11/03/2022 - 11:36
        +1

        I think Lewd means that they do not work more than the required amount of hours because they're not allowed to. Most (some?) office workers seem to put in more hours than required and don't get paid extra because it's classified as "reasonable overtime".

        • biontears on 11/03/2022 - 11:39
          +2

          fortunately never had to do overtime, work life balance has been great for me. Also they never messaged/called me outside of working hours. I saw friend of mine working as lawyer replying to emails while we were at pub after like 10pm

          • Muzeeb on 11/03/2022 - 12:47
            +1

            @biontears: A lawyer's drunk replies.

            I'd love to see that.

          • Lewd on 11/03/2022 - 13:32

            @biontears: I'm at a point where I'm now nearly 15 years into the job & have reduced to only 17.5hrs a week (by choice).

            Don't want to spend too much time at work, could get hit by a bus & it's over.

  • crazyguy on 11/03/2022 - 13:29
    +2

    i think you are doing good, i have 10 years IT experience out of which almost last 5 years in Aus and I am on 140K + Super.

  • Seraphin7 on 11/03/2022 - 14:08
    +1

    In all seriousness, you are doing waaaaaay better than the average punter.

    You say this is your "first job" and you've been at it for three or four years … that suggests you're about 25 … most 25 year olds ain't making $110k with the potential for that to be maybe $130k in a year's time pending salary review and bonus.

  • dtc on 11/03/2022 - 17:44
    +1

    although I'm not one, big law firm 4th year lawyers are on around $125k+ (plus super)

    they are likely to become senior associates after 6years (5-7 year range is normal) and will hit $155k+

    But it slows down after that, 5% pa type increase until they get to partner, if they do.

    • [Deactivated] on 14/03/2022 - 14:32

      Tech Grads starts off higher than Grad Law for FANG Roles, and increases much faster with promotions
      Can't say exact amounts without getting in trouble but get Salary, Signing Bonus, Stock, Travel Subsidy, Health Insurance included but Glassdoor you can check
      Assuming FANG and Big Law Firms is comparable
      Considering Big Law Firms will only hire 99+ ATAR with good WAM and Tech has much more demand and undersupply and breadth for roles
      I saw the Law job market is very competitive, a friend pivoted from Law grad to Cybersecurity by doing Certifications like eJPT

      • Cynicaloflife on 27/03/2022 - 03:02

        Amazon, Google and Atlassian are 150K Grad salaries in Australia.

  • [Deactivated] on 14/03/2022 - 14:36

    You are doing well, IT is a great place to be in right now
    A Unicorn like Atlassian or Canva, or FANG would be the next jump but sounds like company treating you well and you are due for a compensation review

  • popsiee on 25/03/2022 - 18:50

    So point of this thread is to stay away from IT ?
    Any unskilled worker away from tourism and retail can earn more .

  • ozbargainsam on 25/03/2022 - 19:14

    Depends on how good you are in your role - I knew roughly what my colleagues then were making and it wasn't close to what I was making.

    I was at $130k plus super in my 4th year, as an IT consultant. No bonus though

  • rektrading on 25/03/2022 - 19:35

    Do you've what it takes to work in the best paying industry?

    We’re hiring for a bunch of open roles but especially engineers.

    I’ll pay you $15k per dev referral. In $100s, BTC, ETH, gold or wampum.

    https://twitter.com/twobitidiot/status/1507166785493254155?t…
    https://t.co/otOvqVOaC7

  • Gguy168 on 26/03/2022 - 23:51

    Life Sciences, microbiology. After 4 years of study as a lab technician, fresh out of uni I was earning 48k. 4 years later I get promoted to a microbiologist for 55k. While I do love what I do (combination of research and daily testing of samples) the pay for the amount of study and experience isn't worth it. I am in the process of a changing careers as the pay moving forward isn't likely to get better any time soon. I estimate I could potentially earn 80-90k as a lab manager but that will be many years away.

    I am now moving to a council job that is in a different field but slightly related that pays 86k.

    Tip I found useful when applying for my new job: consider searching related businesses/companies in your field on the fair work commision's "Find an enterprise agreement" page to help gain a rough idea of what you should be paid. I wish I had done that before starting my role straight out of uni so I had better idea of what others in my field were getting.

  • Cynicaloflife on 27/03/2022 - 03:01

    IT salaries are crazy atm. I have 3 years IT experience. Earning > 150K. A mate of mine with two more years of experience (~5 years) earns > 200k (but he is also bloody good).

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