Software Engineers Offered Six-Figure Salaries in Australia
The difficulty in getting workers to fill vacant positions in Australia has resulted in fierce competition. This is why a particular industry offers high salaries compared to others.
The mining sector is a lucrative and booming industry in Australia. Many companies struggle to get adequate staff even though this sector is profitable. To ease the industry’s problem, it now offers attractive salaries and mega sign-on bonuses.
Due to this attribute, Australia Immigration Professionals concluded that migrants who are experts in this field have a huge opportunity in Australia.
Issues with the Mining and Technology Industries
The mining sector is experiencing another negative issue other than the labour shortage. This challenge is the reduction in the number of young people completing apprenticeships. Also, the industry is competing to gain IT staff.
Another field in Australia that is in dire need of more skilled staff is the tech industry. To secure staff, some companies pay between $147,000 and $350,000 for graduates. These companies include Google, Canva, Amazon, etc. Some of these salaries also feature end-of-year bonuses and stock options, said a representative of Australia Immigration Professionals.
Due to competition, some trading firms now pay huge salaries, which were supposed to be for chief executives, to software engineers.
Huge Salaries for Graduates in Mining and Technology
The technology and mining sectors are some of the industries offering huge salaries to graduates. These fields pay salaries usually reserved for a top executive to their basic staff to stay above the competition. As a result, the perfect time for a skilled migrant to enter Australia is now.