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New Zealand Ups Pay Packet by 7% in 2014

New Zealand Ups Pay Packet by 7% in 2014

Jan 05,2015

As per a new data, strategy and consulting are the next big sectors where you can mint money in six figures. The average yearly salary in these sectors was 104,117 dollars and thus, is a great option for a career change. Next in tow are careers in engineering, construction, information and communication technology, mining, resources and energy sector.

According to a list of jobs advertised on Seek.co.nz, the above mentioned sectors were the greatest earners; bringing in a total of 90,000 dollars in a year last month. From the months between January and December, 2014, experts in insurance and superannuation, real estate business and property investment witnessed huge hike in salary structure of 23% and 16% respectively.

In the previous year, Auckland and Wellington were the regions with the biggest salaries, both showing an increase of 7% to 78,414 dollars and 82,357 dollars, respectively. In general, the overall salary rose by 7%, amounting to 76,538 dollars. Janet Faulding, New Zealand General Manager said that this rise demonstrated a positive effect on the economy and was benefitting the New Zealand nationals financially.

The difference between the pay scales of New Zealand and Australia was also ending. Roles in engineering and construction in project management and management roles were the second and third highest, respectively in terms of higher wages. According to Ms Faulding, the New Year was usually a time when people looked for better career prospects and thus, a job change. So, the employers should revise their pay packages in order to hire and retain efficient employees.

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