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Top 10 highest-paying jobs in New Zealand in 2018
One goal most of us share, regardless of the industry we work in, is securing the best possible salary. But which jobs in New Zealand take the top spots for highest average salaries?
We recently released the 2018 Michael Page Salary Guide, which outlines salary benchmarks for a wide range of jobs across many sectors throughout New Zealand. Take a look at the top 10 highest-paying jobs for 2018, according to our report:
1. Regional Managing Director (Property & Construction)
One of the top salaries in New Zealand goes to executive-level professionals with the skills and experience to manage large-scale property and construction organisations. Regional MDs in consultancy companies attract the highest salaries, with those in small-to-medium-sized consultancy organisations earning an average of $350,000 a year, and those in larger organisations typically earning around $400,000 a year.
2. Sales Director
Sales directors are responsible for shaping and managing a business’ entire sales strategy – which means organisations have a vested interest in offering generous financial incentives to attract the best talent. Sales directors are best paid in the IT&T and consumer goods sectors, earning an average of $350,000 a year (including on-target earnings).
3. HR Director
Professionals with a high level of experience in talent management, change management, and employee retention are in demand in the human resources sector. With this in mind, experienced HR directors can earn up to $400,000 at large organisations (with the average salary being $295,000), while those at SMEs earn an average of $268,000 a year.
4. Supply Chain Director/GM (Procurement)
As you might expect, skilled supply chain directors and general managers are in demand in the procurement industry – and their salaries reflect that. Professionals working at logistics and distribution businesses earn approximately $275,000 annually, while those at smaller organisations earn an average of $175,000 a year.
5. Finance Director/CFO
Not surprisingly, executive-level talent is highly sought-after in the finance sector. The average salary for chief financial officers and finance directors within the commerce and industry subsectors is $250,000 a year for roles at large companies and $195,000 at SMEs.
6. Head of Tax
Head of tax roles are the apex of the taxation sector, and top talent is especially sought-after in large corporations where tax compliance is complex and critical. As such, the market salary rate for heads of tax in large businesses in New Zealand is $250,000 a year, while those at smaller businesses earn an average of $200,000.
7. Development Director (Property)
Development directors are integral to the success of any large-scale property development, meaning employing the right talent is critical to ensuring an accurately timed and budgeted project. Given, experienced development directors at large businesses can expect to fetch $245,000 a year, while those at smaller companies earn around $225,000.
8. Construction Director
Within the property and construction space, construction directors are paid generously at both small and large-sized companies. Professionals at SMEs earn an average salary of $225,000 a year, and those at large organisations earn slightly more at $260,000 annually.
9. Marketing Director
While marketing directors earn relatively generous salaries across a variety of industries, professionals with experience in the business-to-business marketing space earn the highest salaries on average. B2B marketing directors at large companies earn approximately $240,000 a year, while those at SMEs earn an average of $150,000.
10. Head of Distribution (Sales)
Heads of distribution are responsible for meeting the financial needs of all clients and acquiring new clients – so they play a key role in a business’ long-term profitability. Professionals in heads of distribution roles earn an average base salary of $180,000 at organisations of all sizes, or $235,000 including on-target earnings.
Getting ready to take the next step in your career? Use our average salary benchmark tool to see what you could be earning at a new job. When it comes time to negotiate a new salary, you can also find out how your salary compares with industry averages using our salary calculator or calculate your net income after a salary increase using our payrise calculator.