The results are in, and according to the Australian Bureau of Statistics, the average Aussie full-time worker makes just over $92,000 a year (before tax).
That’s around $1770 per week and doesn’t include penalty rates, overtime, bonuses and commission.
On paper, that sounds pretty decent.
But predictably, that average annual income decreases for the casual and part-time workforce – which young Australians dominate – to a little under $70k per year.
But that aside, what are the highest (and lowest) – paying jobs up for grabs?
According to the ABS, Australia’s highest paying jobs can be found in the mining sector, followed by information media; telecommunications, financial and insurance services; professional, scientific and technical services; and electricity, gas, water & waste services.
On the flip side, the lowest-paying jobs in Australia can be found in accommodation & food services; retail trade, administrative & support services; manufacturing; and rental, hiring & real estate services.
You can even see in this article how the pay in these industries stacks up for males and females.
It’s no doubt that this is worthwhile information for Gen Zs.
However, it’s also worth reiterating that there are things Australian youth value more over a fat paycheck.
For example, Gen Zs are still less likely to be attracted to a career where organisations or companies don’t align with their values or goals – regardless of compensation.
The majority of under 30s (73%) are reluctant to work for businesses or companies that contribute to pollution and global warming, according to Comm Declare’s 2021 Fuelling Fantasies report.
In fact, Gen Zs are so committed to undertaking a career rooted in integrity that two in three young Australians will flat-out refuse to work for fossil fuel companies.
“(Gen Zs) vote with their feet, as 70% are actively wanting to work with a company that shares their concerns about global warming.”
Instead, Gen Zs make decisions based on a number of factors in addition to compensation – including purpose, passion, career progression and work/life balance.
Because what’s the point of working 40+ hours a week at a job you hate that impacts negatively on the world?