Average wages up seven percent?

That has to be overseas, right?

If you’re looking for a career change, then consulting and strategy are where the big bucks are – the only sector attracting an average six figure salary, new data reveals.

The annual average salary for consulting and strategy was $104,117, followed by engineering, construction, information and communication technology, and mining, resources and energy sector.

These were the biggest earning sectors – all raking in more than $90,000 annually last month, according to jobs advertised on Seek.co.nz.

Professionals working in insurance and superannuation, and real estate and property saw the biggest salary hikes with the online recruitment site reporting 23 per cent and 16 per cent average salary rises respectively from January to December 2014.

However the mining, resources and energy sector took the biggest hit, down 7 per cent during the same period.

Wellington and Auckland were the areas where the highest salaries could be found, both up 7 per cent in the past year to $82,357 and $78,414 respectively.

While Marlborough reported the biggest drop, down 13 per cent which made it the region with the lowest average salary at just $54,018.

Overall the average salary nationwide rose 7 per cent to $76,538 last year.

Seek New Zealand general manager Janet Faulding said the increase reflected a positive change in the economy and as a result Kiwis were benefiting financially from it.

Oh damn.  Another disaster for Labour and the Greens.

Without the economy to beat up on, I guess we’ll be back to that nasty Cameron Slater guy and John Key’s data husbandry.

 

– Nikki Preston, NZ Herald

 


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  • HSV325

    I’m in construction and there is serious pressure on wages due to the lack of skills and workers. I’m picking we will be up for 10-20% increases this year just to retain key tradesman.

    • Damon Mudgway

      In my view, those in construction are grossly underpaid, and deserve a pay hike. Chippies seem to be the most undervalued. If the poor consumer gets one less bedroom in their oversized egg carton house as a result, then so be it .

      • Rocket

        Damon, you’re on fire today. Hit 2 of my sore points exactly. Keep commenting in 2015 – may it be a vintage year for you.

    • Johnny Smear

      Yea, I’m at the stage it’s time to sell up and become employee again. You only live once.

      • MaryLou

        Just imagine all those paid holidays… sigh

        • Johnny Smear

          Yes my last holiday was on Life support in ICU.

          • MaryLou

            Dude – that’s not a holiday. Truly. I hope all recovered, and looking forward to a real holiday, paid or not?

          • Johnny Smear

            All good Now. Must say you stand back and look at yourself. I am looking at selling up and have had interest, My Goal was 3 year and I have done 1 of them, Looking at the economy I feel confident time is right.

          • MaryLou

            Good on you. If you feel it’s right, then it is, regardless, I think

      • I.M Bach

        Yup; I was self employed for many years, had staff etc. I sold up and now all I have to do is turn up and do my job. I leave all the worrying and the paperwork to someone else while safe in the knowledge that every fortnight a specific sum will turn up in my account. I drink less and sleep better too.

  • CheesyEarWax

    Wait for it, rising wages will create more income inequality.

    • Greg M

      Dead right Cheesy, I can hear the wailing already. But the key to the whole thing is that people with skills, that can do something that someone wants to pay for, can expect a few bucks more for doing it. This simple fact seems to be overlooked by the usual suspects of the left.

    • InnerCityDweller

      or add to the road toll. you know, like those falling petrol prices…

  • MaryLou

    Looking at the industries cited (outside construction), they all look to be the type of thing where you are either self employed or on contract, with little or no retainer. ie, when things were bad they may have been doing very poorly indeed. So no guarantees for them that the earning trajectory will always be “up”.

  • Damon Mudgway

    Okay, can we get rid of WFF now please. I’ve never been that comfortable with taxpayers having to subsidise the cost of providing for other peoples children. it’s akin to paying child support for kids that aren’t your own.

    • But doesn’t it make you feel all warm and fuzzy?

  • Betty Swallocks

    “Professionals working in insurance … saw the biggest salary hikes” Did they now? So that’s where all our hugely increased insurance premiums attributed to the hit on their funds in the Christchurch earthquakes went, is it?

  • -D

    Just for the sake of clarity…the original Herald headline says “pay packets” are up but the article refers only to salaries (multiple times). Is this possibly a case of Herald journalistic confusion? It seems it makes a difference. Salaries, hourly wages, and average take-home pay are all slightly different things.

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