The industries with the best career pay rises
A career in consulting could pay you the most money throughout your career, with a potential salary increase of $42,000 from starting to final salary.
Data from a survey, released by employment website YUDU, shows the median starting salary for someone working in consulting, with up to two years experience, is $55,870 and the salary for someone with 20 years experience is $98,300.
The consulting sector was found to offer the greatest salary increase, with an rise of $42,400, between starting and final salaries — more than $12,000 more than in aviation, the second-highest earning sector.
A median starting salary in aviation is $54,750 with a median final salary of just over $85,000, a potential increase of $30,300 throughout a career in the sector.
In engineering, the third highestpaying industry, a median novice salary starts on $62,800 which can increase by $30,200, to a final salary of $93,000.
Being self-employed has the potential for a salary increase of $20,000, and if you’re in the sales and marketing sector, the salary increase throughout a career spanning 20 years is $22,500.
Data from YUDU’s survey of 4000 New Zealanders, conducted by global research company Kantar, found the advertising, media, communications, entertainment and design sector to offer the lowest salary increase over the course of a career, with the difference in starting and final salaries sitting at just $9300.
A career in construction and architecture offered a potential salary increase of $11,845.
A career in healthcare and the medical sector has the potential for a $22,900 salary increase throughout a career, with the median final salary sitting at around $68,100.
The retail and fashion sector offers a salary increase of $17,740 over the course of a 20-year career and a $25,950 rise for a career in education and training.
YUDU is owned by NZME which publishes the New Zealand Herald.