My friend had the same network role for 10 years, all of our mates were on his ass telling him he was getting screwed at 65K, finally we convinced him to demand a raise, he was bumped to 145k + CPI locked in for the next 5 years all because they couldnt afford to lose him.
Usually the ones saying loyalty don't pay off are too focused on solving problems that don't need solving instead of looking at the outcomes they are driving in the business.
I know there’s a million threads that I can search to have this same info, but I thought I’d ask here: currently working as a BDM and wondering how to make the change to IT. Any ways you can suggest, or is it straight back to entry levels that I don’t know the titles of (which I’m okay with)?
I'm currently between contracts, but I learned that around 2017. After that, Contract only and high rates
It's an eye-opener when you get your first pay doing that.
That's only possible if you're moving up, and you were likely at the bottom when you began and near the top now. It is unlikely to continue at anywhere near that rate.
Definitely, its hard once you get to a point for jobs to really attract you with a better salary, at best maybe 10k extra pre tax but its all about the other benefits when looking when youre senior level
it normally effects super equally, but we've also had changes in teh % of compulsory super.
Also for tax, if you moved up a bracket your overall take-home would be lower than the raw % gain. Also things like hecs are indexed differently so could also lower you take home gain relative your raw % increase.
Yeah, nah.
In relation to inflation you need to consider **which tax bracket** your increase in salary is in.
If you’re in top tax bracket like everyone in this sub is, you’ll only see ~50% of any salary increase in your wage, after super and tax.
To meet inflation at, say, 7% you’ll need about a 14% raise in salary.
Somewhat similar to me. From around $75k (at the start of 2019) to $125k now by changing companies and changing industries. Have an additional dependent and a HELP debt though
What is your tech stack / expertise ? And domain. Are you open to contracting ? Are you looking for very specific roles ? Have you been getting interviews at all ?
Sorry I am curious how bad the market has to be in tech for not being able to find a job for a year.
Same here.
Gone from warehouse supervisor to part time retail store manager, 3 years of uni to go. But at least i have a management job the entire time 🤷♂️
I changed into healthcare from IT and left ~$110k pa with comfortable stress to….
Highly qualified, highly skilled professional with glowing commendations from managers and colleagues and patients.
$38/h, poor treatment from management and patients is standard, sometimes abusive treatment from management and often from patients, sometimes bullying from fellow staff. Incomprehensible stress compared to the IT work.
Also now I have diagnosed ptsd.
Some patients were lovely, helping people is something you occasionally get to do and it’s amazing, and I met some lovely fellow workers but made zero real friends outside of uni.
Only after I left clinical practice did other practitioners feel comfortable being friends, or I had the capacity. Dunno yet.
1/10, do not go into healthcare.
Anyway, that’s my 2cents. Good luck strangers!
I wish someone told you healthcare is the absolute pits before your transition, you do so much for so little it’s insane. I want to get out of healthcare and move into IT 🤣
OT, mental health in various parts of that system, and the aged care system. Pivoting out of clinical to elsewhere.
3yrs total. Juice was not worth the squeeze.
I’m a paeds OT and thought that it will be better once I am self-employed. Although pay and time freedom were better, I was still burnt out, exhausted and potentially have ptsd from the job. It’s just not worth it. Figuring out a way to transition out.
Missus left aged care for transport - after years of everyone insisting she do it, everyone in her family and myself worked in the industry. She nearly doubled her income, no more split shifts, and with zero relevant industry experience to boot.
Shes a warehouse bitch atm, i was a driver and forkie (now at uni to be an office wanker), her brothers are both forkies, her dad is a quad trainer/assessor up north.
Want to get her into driving soon enough.
As an experienced forkie doing 6 days a week i could clear $1500/wk.
If youre happy to just go to work and go home and not career focussed its a great way to make a living
You give everything you got and then some
You know that
I'm just here to say thank you
It's a little thing - like the million little things you did for others (but yours might have been a little more important)
Spoken like a battler. Hats off to you.
In 2019 I was part-time (then later casual) at Hungry Jack's making maybe $400-ish a week on average and still living at home. Have since moved out and I'm on $71K in a rental with my partner, just shy of a few years into my IT career. Hoping to get into the $80K+ range sometime next year.
Gone backwards.
As a school teacher, I feel like I had more disposable income back in like 2017 when I started compared to now.
Makes you just wonder if it’s all worth it.
I strongly support teachers being paid significantly more but only if it was based on performance, just like every other industry. The quality of teaching varies greatly and we need to incentivise / reward good teachers and weed out the bad ones.
For the fact that teacher's work is insanely over documented already. No one has come up with an equitable way to measure performance.
Student performance is linked straight into SES, the hardest schools to work at would pay the least. The ones where the teachers have the most stress, the hardest work, the longest hours, would pay worse.
The other problem is that if their pay is linked to the results of a test, you can bet those test scores will increase, at the expense of every other part of schooling. Ask a room of 100 people what should be taught and you'll get 101 answers. Who gets to choose what's measured?
Students who will not score well are excluded. Teachers won't want them in their class, they won't put the effort to improve the kids who are struggling because the ones who aren't are more profitable.
So now we realise we have a problem. Let's put some bonuses on certain schools and students so we can still get them an education, how do we balance those? The hardest schools and the most work should be the best rewarded shouldn't they? So we have to top up those wages at least to equal the easy high SES schools who would score well if the teacher watched Netflix while on class.
Now everyone is back at the same pay, with incentives to work at the identified hard to staff places... But we've done a heap of extra paperwork, made everyone focus on the massively narrowed set of priorities that get them paid, probably employed a bunch of bloat to supervise these performance reviews and significantly more complex pay scale situation.
In NSW alone we are about 3000 teachers short per day. The arrangements to cover these shortages leave nearly 10,000 lessons per day inadequately covered by warm bodies, let alone having a high quality teacher in every room.
I would fully support there being significantly higher tiers that are accessible via accreditation/qualification and merit selection. They could be for expertise in various aspects of teaching, covering the spectrum of skills expected across student wellbeing, academics, data etc. These are very different from what performance pay which has had a very bad history in education.
The current pay scale isn't bad, but doesn't incentivise high performance, competition or create enough pull into the profession. Sufficient options to earn $250k+ as a teacher is what is needed to get high quality candidates into uni and into schools. Significant overhauls to the system are required to get any of those people to actually stick around and make it that far.
I somewhat agree in principle, but it's a tough one, what metric do you judge teacher performance? The seemingly obvious answer is student results, but that means that pay will be unfairly skewed towards teachers of high SES communities who historically do better in standardised testing, further exacerbating the shortage in lower SES. Why work hard in a school that's tough and literally get paid less for it?
But then how do you measure teacher effectiveness otherwise? Performance review? The stress of a quarterly/annual review will not solve teacher burnout, and will just make more teachers leave the profession. Performance based pay will make the situation worse, not better. It's complex I suppose.
No. This is really disrespectful to teachers. They are already one of the most scrutinised, monitored, overloaded, criticised, and highly accountable group of workers. If you want to ramp up their pay to $300-$400k then sure, micromanage away. But if we're talking the usual pathetic increases, no way.
Teachers are leaving in droves, experienced ones and new grads. Better start treating them with a LOT more respect or the country's going to be dumbed down even more than it already is.
I was almost exactly the same: I went from $140K to $360K. It feels psychopathic to say, but Covid has been really good for software engineers - ever since WFH, American tech companies have been way more open to hiring people outside the USA. That’s how I doubled my pay.
What’s the best way to try pickup an American tech job for an Aussie ? I’m guessing the good times came to
A bit of an end lately given all the redundancies
Not in tech, but know a bit about US and Visas. Check out Aussie Recruit, she gives a pretty good lowdown on how to get there, not specifically for tech but so many people she works with are in tech. You best bet is literally going for a job search/holiday to the US for a month and speed running as many employers as you can
Up $50k/year, with almost all of that coming in the last two years, I got a big bump last year. At this stage I'm ahead of inflation but who knows what things will look like in another year or two.
Very grateful for where I am right now.
Gone up by 3%. Public service, we're currently negotiating our next agreement, the old one expired in 2019. If it hadn't been for a goodwill gesture of 3% last year, there would have been zero change in that time. It's a struggle man, I used to have disposable income. Now by the time I pay essentials and put some away into savings, there's not much left for discretionary spending.
I used to think the public service was the place to be for decent money, job security and options. Now it looks like those first two are off the table.
It's excellent for job security (for better and worse - getting rid of people is basically impossible) and super, 15.4% super. But yeah the pay is not keeping up.
Well, yeah but it’s because of a fairly decent promotion last year and my wife graduating med school haha. So not expected to happen again until she becomes a consultant. Then… I may not even have to work.
Up by more than 50%
I lost my job due to Covid in early 2020 and thought it was the worst thing in the world. It was a bad time to find another job so I started my own business so my family had some income at least.
The business went really well but I don’t enjoy running my business full-time because I ended up feeling guilty if I wasn’t working 7 days a week and it was impacting my family.
I took a random job in a completely unrelated field which I thought was temporary, that led to the job where I am now which was a big pay boost, different to anything I’ve done before and I really enjoy it.
I still run my business but as a side hustle so I’ve got the best of worlds. Most importantly, I can structure work around my family instead of structuring my family around my work.
2019 on around $75K.
2023 on around $148K
During that time, I had a promotion which expanded my skill set and a job title that commands higher pay. Leveraged the job title and made 2 quick job changes.
Since 2019 it's gone from $80k/y to $110k/y in reasonably consistent increases. It's likely more as I also run a small drafting and engineering business from home but that would be max 10k/y extra
I was on about $110k in 2019 and now it’s about $140k. Got one decent pay rise when I asked for $20k and got it and the rest has been little increases for cpi each year. More than I need so I’m very content.
In 2019 I was on about $130k plus super. Now on $240k plus super.
I'm certainly an outlier though. Not reflective of most people's experience and I'm quite conscious of that.
Based on past commentary, you'll likely get some skewed examples in this forum because high earners are very over-represented here compared with the real world.
Well done, what industry?
As a slightly above average wage earner can I thank you for your humility, $240k puts you in the top 2-3%, but reading some of the other comments here you’d think most people in that bracket think the minimum wage is 400k!
Architect. Got up to about $160k leading a sector in a commercial firm then pivoted to a development manager role.
Yeah I have lots of friends/ family earning much less and who can't afford a house in Sydney (where we live). Very conscious that we were quite fortunate in being able to get in to the housing market 10 years ago and that I've had a great run of career opportunities.
Base from 2019 has gone from $100k to $155k
Total income from about $135k to about $220k
HECS is also repaid and that made a huge difference to net income
Slowly feeling the cost of living increases (as well as irresponsible spending habits)
Gone up by a bit over $100k. Job hopping + positively geared IPs + early in career were the main contributors to achieve that. I think it's due to slow down a bit for me now irrespective of rate hikes, but there's still a few decent jumps I am expecting to pick up within next 3 or so years.
2019-20 made 198k
2022-23 made 334k
2023-24 YTD up to October, made 168k. On track for 500k this year (promotion this year).
Safe to say I have outpaced inflation!
Big bump 2019-2020 which has kept me above inflation over a 3 year average but minor 1-2% increases since then. Bonus will definitely be down this year based on COGs and overall company performance.
Company went bust so I turned to contracting. Income was 115K per year at the old firm, and is now 310K. My life is far better now. No more money or bill worries.
Gone up by about 40% but that's involved promotions and company changes, so not the best measurement. But probably won't go up anywhere near the same rate as I've gone from entry level to established
Pro-rata (4 days a week) had me earning ~60k in 2019.
In 2023, I'm on ~140k. Three job changes since.
Same field, same job title as an individual contributor with no added management/people responsibilities.
It's great.
in 2019 I made under the tax free threshold pretty sure including centrelink payments but I was 18/19
this 22-23FY I made 190k but saying goodbye to about 60-70k in tax (sole trader)
highly recommend running your own business
Ebbed and flowed. Was 80k salary. 2019, then in business 100k 2020, 200k 2021, 40k 2022 now 110k salary, zero stress. Probably make 20k in business ontop too.
Still pay myself the same as I earned as a trainee 10 years ago.
I've had my first pay rise since then this year of 12.5%, (casual flat rate) but it also came with talking on a new role in 2021 that didn't come with a rise lol.
That said the Hours are way down compared to last financial year so likely to earn less than last year
My salary has gone up somewhere between 25-30% but I had to move to a new organisation and await a pay correction so it's probably not really making a dent in real terms.
Pre covid was in my dream job on a good wicket over $200k
Post Covid - shut down and made redundant.
Now on about 50% more.
Had fixed rates for a while so managed to save a bucketload, which will be eaten away now with rates going the way they are.
Ok. I'll go with take home pay, fortnightly amount.
My take home has gone from $1,658 per fortnight (Jan 2020 - earliest record I have in my budget book) to $3,762 per fortnight.
That increase has been despite being at the same pay grade. It is mostly made up with no longer paying child support, accessing the FBT concession for my employment in a hospital going towards rent (now mortgage) instead of a lease car and a couple of pay increases.
So a 44% increase since early 2020 by just being a lot more focused on where my money goes and some life changes.
Still really watch my spend though!
Was on 90k. But since then I joined AusFinance and now make 300k.
Povo on the AusFinance metric.
Condolences. Have you tried WSB?
I too have a gambling problem.
Between 2019 and now, about 9% In IT, loyalty is not rewarded, took me a while to see that. Also, my username checks out
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My friend had the same network role for 10 years, all of our mates were on his ass telling him he was getting screwed at 65K, finally we convinced him to demand a raise, he was bumped to 145k + CPI locked in for the next 5 years all because they couldnt afford to lose him.
That’s amazing! Also shows they knew they were ripping him off!
That’s mental sometimes I think 145k is the min here and some of u are just whiny
10 years in networking lmao he’s a wizard at that point Layer 8 is the networking guy’s bank account
Is 20% a good raise for IT?
i'm in IT. coming up to 14 years in my current organisation. Started as sysadmin, now director of IT. loyalty can pay off.
Usually the ones saying loyalty don't pay off are too focused on solving problems that don't need solving instead of looking at the outcomes they are driving in the business.
I know there’s a million threads that I can search to have this same info, but I thought I’d ask here: currently working as a BDM and wondering how to make the change to IT. Any ways you can suggest, or is it straight back to entry levels that I don’t know the titles of (which I’m okay with)?
I'm currently between contracts, but I learned that around 2017. After that, Contract only and high rates It's an eye-opener when you get your first pay doing that.
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That's only possible if you're moving up, and you were likely at the bottom when you began and near the top now. It is unlikely to continue at anywhere near that rate.
Definitely, its hard once you get to a point for jobs to really attract you with a better salary, at best maybe 10k extra pre tax but its all about the other benefits when looking when youre senior level
Is that 9% before or after super and tax? Because everything you buy is after of course.
So the thing about percentages, is that effects all of those numbers equally
it normally effects super equally, but we've also had changes in teh % of compulsory super. Also for tax, if you moved up a bracket your overall take-home would be lower than the raw % gain. Also things like hecs are indexed differently so could also lower you take home gain relative your raw % increase.
Yeah, nah. In relation to inflation you need to consider **which tax bracket** your increase in salary is in. If you’re in top tax bracket like everyone in this sub is, you’ll only see ~50% of any salary increase in your wage, after super and tax. To meet inflation at, say, 7% you’ll need about a 14% raise in salary.
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Same, 78k to 160k+
Same 160k+ to 425k+
Same 90 to 249
Somewhat similar to me. From around $75k (at the start of 2019) to $125k now by changing companies and changing industries. Have an additional dependent and a HELP debt though
Same. 2019 I was in 65k. Stayed with company until 2022 and got 100k. Jumped ship to 150k and there since.
This Is The Way
What field
Doubled mine as well, by moving into construction.
Similar here too. $72k to $140k. In Finance, one company move and two promotions.
60 to 110, but nar yer…good for you. Hehe.
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I make 31 an hour now instead of 22 an hour now, yippee!!
Dude that’s a 41% increase!
I’m the exact same haha
$22 is like 26.5 an hour now if you incorporate inflation. That’s a 16.98% increase not 41%
It's both??? Wages for 99% don't automatically get cpi or better yoy...
Laid off when tech started laying off. Haven't found a new job in a year. So yea... income's great!
What is your tech stack / expertise ? And domain. Are you open to contracting ? Are you looking for very specific roles ? Have you been getting interviews at all ? Sorry I am curious how bad the market has to be in tech for not being able to find a job for a year.
I'm in Product Management actually. Consumer focused. Mostly Mobile Apps and web.
Same here. Hang in there. It's a rough market. Same here, I got let go before even completing my grad term.
Lucky enough to get CPI increase each year so my hourly has gone up like $8 in the last couple years.
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Don't know why you got down voted.
Make less, work a hell of alot less
Ooof this one hurts. 175k back to 90k. Retraining, short term pain long term gain
Few paths are straight up. Sounds like the right long term decision!
What job to what job
Similar story here, but I like what I do more
Same here. Gone from warehouse supervisor to part time retail store manager, 3 years of uni to go. But at least i have a management job the entire time 🤷♂️
made $21 an hour and now im at $45 so i think ive done okay
I changed into healthcare from IT and left ~$110k pa with comfortable stress to…. Highly qualified, highly skilled professional with glowing commendations from managers and colleagues and patients. $38/h, poor treatment from management and patients is standard, sometimes abusive treatment from management and often from patients, sometimes bullying from fellow staff. Incomprehensible stress compared to the IT work. Also now I have diagnosed ptsd. Some patients were lovely, helping people is something you occasionally get to do and it’s amazing, and I met some lovely fellow workers but made zero real friends outside of uni. Only after I left clinical practice did other practitioners feel comfortable being friends, or I had the capacity. Dunno yet. 1/10, do not go into healthcare. Anyway, that’s my 2cents. Good luck strangers!
Hello welcome to healthcare x I'm looking into IT now
I wish someone told you healthcare is the absolute pits before your transition, you do so much for so little it’s insane. I want to get out of healthcare and move into IT 🤣
What type of healthcare professional are you? I’m a physio in public and agree with this very much so!
OT, mental health in various parts of that system, and the aged care system. Pivoting out of clinical to elsewhere. 3yrs total. Juice was not worth the squeeze.
I’m a paeds OT and thought that it will be better once I am self-employed. Although pay and time freedom were better, I was still burnt out, exhausted and potentially have ptsd from the job. It’s just not worth it. Figuring out a way to transition out.
Missus left aged care for transport - after years of everyone insisting she do it, everyone in her family and myself worked in the industry. She nearly doubled her income, no more split shifts, and with zero relevant industry experience to boot.
>Missus left aged care for transport Do you mean like truck driving?
Shes a warehouse bitch atm, i was a driver and forkie (now at uni to be an office wanker), her brothers are both forkies, her dad is a quad trainer/assessor up north. Want to get her into driving soon enough.
Sounds like she's on a good career trajectory. Shame aged carers aren't paid/treated better.
Shes on more than a qualified carer now too… its insane how badly paid aged care is
I saw an article this week that aged care workers can't afford a single rental property in the whole country. Insane. Better to be a forkie.
As an experienced forkie doing 6 days a week i could clear $1500/wk. If youre happy to just go to work and go home and not career focussed its a great way to make a living
You give everything you got and then some You know that I'm just here to say thank you It's a little thing - like the million little things you did for others (but yours might have been a little more important) Spoken like a battler. Hats off to you.
Gone up nominally. Gone down in real terms
In 2019 I was part-time (then later casual) at Hungry Jack's making maybe $400-ish a week on average and still living at home. Have since moved out and I'm on $71K in a rental with my partner, just shy of a few years into my IT career. Hoping to get into the $80K+ range sometime next year.
Went from directionless wagie a through my 20s making 30-50k too semi directed wagie in my 30s making 120k in oil n gas
Household income has grown about $180k. It’s the lifestyle creep that gets ya. But overall can’t complain.
Around doubled. Changed industry and role in the middle of covid. Turns out to have been a good idea
Increased by about 65k (~70 to ~135). I was a fresh graduate in 2019 and have moved jobs twice since.
60kpa to 135kpa. Gone through a few jobs and promotions.
Sounds like a high-pressure job!
It took me a while, but I finally got the joke 😅.
Gone backwards. As a school teacher, I feel like I had more disposable income back in like 2017 when I started compared to now. Makes you just wonder if it’s all worth it.
Teachers should get paid as much as politicians. We all know they do more and add more value.
I strongly support teachers being paid significantly more but only if it was based on performance, just like every other industry. The quality of teaching varies greatly and we need to incentivise / reward good teachers and weed out the bad ones.
For the fact that teacher's work is insanely over documented already. No one has come up with an equitable way to measure performance. Student performance is linked straight into SES, the hardest schools to work at would pay the least. The ones where the teachers have the most stress, the hardest work, the longest hours, would pay worse. The other problem is that if their pay is linked to the results of a test, you can bet those test scores will increase, at the expense of every other part of schooling. Ask a room of 100 people what should be taught and you'll get 101 answers. Who gets to choose what's measured? Students who will not score well are excluded. Teachers won't want them in their class, they won't put the effort to improve the kids who are struggling because the ones who aren't are more profitable. So now we realise we have a problem. Let's put some bonuses on certain schools and students so we can still get them an education, how do we balance those? The hardest schools and the most work should be the best rewarded shouldn't they? So we have to top up those wages at least to equal the easy high SES schools who would score well if the teacher watched Netflix while on class. Now everyone is back at the same pay, with incentives to work at the identified hard to staff places... But we've done a heap of extra paperwork, made everyone focus on the massively narrowed set of priorities that get them paid, probably employed a bunch of bloat to supervise these performance reviews and significantly more complex pay scale situation. In NSW alone we are about 3000 teachers short per day. The arrangements to cover these shortages leave nearly 10,000 lessons per day inadequately covered by warm bodies, let alone having a high quality teacher in every room. I would fully support there being significantly higher tiers that are accessible via accreditation/qualification and merit selection. They could be for expertise in various aspects of teaching, covering the spectrum of skills expected across student wellbeing, academics, data etc. These are very different from what performance pay which has had a very bad history in education. The current pay scale isn't bad, but doesn't incentivise high performance, competition or create enough pull into the profession. Sufficient options to earn $250k+ as a teacher is what is needed to get high quality candidates into uni and into schools. Significant overhauls to the system are required to get any of those people to actually stick around and make it that far.
I agree with you.
I somewhat agree in principle, but it's a tough one, what metric do you judge teacher performance? The seemingly obvious answer is student results, but that means that pay will be unfairly skewed towards teachers of high SES communities who historically do better in standardised testing, further exacerbating the shortage in lower SES. Why work hard in a school that's tough and literally get paid less for it? But then how do you measure teacher effectiveness otherwise? Performance review? The stress of a quarterly/annual review will not solve teacher burnout, and will just make more teachers leave the profession. Performance based pay will make the situation worse, not better. It's complex I suppose.
No. This is really disrespectful to teachers. They are already one of the most scrutinised, monitored, overloaded, criticised, and highly accountable group of workers. If you want to ramp up their pay to $300-$400k then sure, micromanage away. But if we're talking the usual pathetic increases, no way. Teachers are leaving in droves, experienced ones and new grads. Better start treating them with a LOT more respect or the country's going to be dumbed down even more than it already is.
My sister's a teacher - still renting, no dependents, dual income with her partner - still struggling to save.
2019 $130k + super and now $113k + super (but I only work 21 hours so whatever pro rata works out to) I may make less, but I am so much happier ❤️
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Well done chef, keep cooking
While it’s unlikely it’s not impossible
Cooks meth.
Wow. Hell of a job change. What industry?
I went from 50k to 500k, im in the uhh.... money industry..uh yeah
I was almost exactly the same: I went from $140K to $360K. It feels psychopathic to say, but Covid has been really good for software engineers - ever since WFH, American tech companies have been way more open to hiring people outside the USA. That’s how I doubled my pay.
Just wow. I’m jealous but good on you.
What’s the best way to try pickup an American tech job for an Aussie ? I’m guessing the good times came to A bit of an end lately given all the redundancies
Not in tech, but know a bit about US and Visas. Check out Aussie Recruit, she gives a pretty good lowdown on how to get there, not specifically for tech but so many people she works with are in tech. You best bet is literally going for a job search/holiday to the US for a month and speed running as many employers as you can
Up $50k/year, with almost all of that coming in the last two years, I got a big bump last year. At this stage I'm ahead of inflation but who knows what things will look like in another year or two. Very grateful for where I am right now.
Nope. Gone backward taking into acct inflation. Sad.
Gone up by 3%. Public service, we're currently negotiating our next agreement, the old one expired in 2019. If it hadn't been for a goodwill gesture of 3% last year, there would have been zero change in that time. It's a struggle man, I used to have disposable income. Now by the time I pay essentials and put some away into savings, there's not much left for discretionary spending.
I used to think the public service was the place to be for decent money, job security and options. Now it looks like those first two are off the table.
It's excellent for job security (for better and worse - getting rid of people is basically impossible) and super, 15.4% super. But yeah the pay is not keeping up.
Up about $100k. Plus wife’s income of about an additional $100k.
Wow well done. Smashing inflation there (depending what you started on)
Well, yeah but it’s because of a fairly decent promotion last year and my wife graduating med school haha. So not expected to happen again until she becomes a consultant. Then… I may not even have to work.
Join the "doctor's stay at home husband that plays video games" club.
My base pay is now 70% higher.
My pay has gone backwards. Pay rises at less than half that if inflation and my mortgage has gone up about $120/ week on the last two years.
Well to put it simply, this is the most I've ever earned in a role, but this is also the poorest I have been.
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A 30k difference seems like you either snagged a really high paid permanent role or you weren't making enough as a contractor??
Up by more than 50% I lost my job due to Covid in early 2020 and thought it was the worst thing in the world. It was a bad time to find another job so I started my own business so my family had some income at least. The business went really well but I don’t enjoy running my business full-time because I ended up feeling guilty if I wasn’t working 7 days a week and it was impacting my family. I took a random job in a completely unrelated field which I thought was temporary, that led to the job where I am now which was a big pay boost, different to anything I’ve done before and I really enjoy it. I still run my business but as a side hustle so I’ve got the best of worlds. Most importantly, I can structure work around my family instead of structuring my family around my work.
I am so curious as to what your random job was!
From $58k to $145k. All through promotions.
2019 on around $75K. 2023 on around $148K During that time, I had a promotion which expanded my skill set and a job title that commands higher pay. Leveraged the job title and made 2 quick job changes.
gone up 40k/pa
Up 3% each year
Income change has been great. 2019 i was 3rd year engineer at 80k and now im on 150k
My hourly rate has gone up 37% since then
Since 2019 it's gone from $80k/y to $110k/y in reasonably consistent increases. It's likely more as I also run a small drafting and engineering business from home but that would be max 10k/y extra
Up by about 110%. Covid was good to me.
$20k more since then. But now have a mortgage and a car loan, so.. it's quite scary. Thankfully my partner makes more than me, so we manage (for now).
Income has doubled. Combination of being underpaid for what I was doing in 2019 and rapid upskilling/contract hopping to my now (permanent) role.
Was on $70k last year, got made redundant in November. Started a new job January this year, $130k
Yes was around 150k mark now 200k switched my job
I was on about $110k in 2019 and now it’s about $140k. Got one decent pay rise when I asked for $20k and got it and the rest has been little increases for cpi each year. More than I need so I’m very content.
In 2019 I was on about $130k plus super. Now on $240k plus super. I'm certainly an outlier though. Not reflective of most people's experience and I'm quite conscious of that. Based on past commentary, you'll likely get some skewed examples in this forum because high earners are very over-represented here compared with the real world.
Well done, what industry? As a slightly above average wage earner can I thank you for your humility, $240k puts you in the top 2-3%, but reading some of the other comments here you’d think most people in that bracket think the minimum wage is 400k!
Architect. Got up to about $160k leading a sector in a commercial firm then pivoted to a development manager role. Yeah I have lots of friends/ family earning much less and who can't afford a house in Sydney (where we live). Very conscious that we were quite fortunate in being able to get in to the housing market 10 years ago and that I've had a great run of career opportunities.
Started at 20 - 21 an hour and I’m on 30 now. Will drop back in pay when I go to journalism.
Base from 2019 has gone from $100k to $155k Total income from about $135k to about $220k HECS is also repaid and that made a huge difference to net income Slowly feeling the cost of living increases (as well as irresponsible spending habits)
Gone up by a bit over $100k. Job hopping + positively geared IPs + early in career were the main contributors to achieve that. I think it's due to slow down a bit for me now irrespective of rate hikes, but there's still a few decent jumps I am expecting to pick up within next 3 or so years.
Up 20%, work in IT. Loyalty not rewarded, moved on twice and benefited nicely.
50% increase. As u/rekt_by_inflation put it, loyalty in IT is seldom rewarded.
2019-20 made 198k 2022-23 made 334k 2023-24 YTD up to October, made 168k. On track for 500k this year (promotion this year). Safe to say I have outpaced inflation!
Not including short/long term incentives etc base has gone from 190k to 325k. So pretty good I guess 🤷♂️
I changed jobs in 2020 and took a bit of a cut at the time but at a guess I'm up around 15% or so since 2019.
Increased by ~30%
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Big bump 2019-2020 which has kept me above inflation over a 3 year average but minor 1-2% increases since then. Bonus will definitely be down this year based on COGs and overall company performance.
Unemployed in 2019, got a 67k gig in October. October 2023 making 120k
Got laid off. Income has decreased lol
My pay has not changed
2019 i was on 32 an hour casual. New job this week on 46 fulltime with a car. Almost a 50% raise
Company went bust so I turned to contracting. Income was 115K per year at the old firm, and is now 310K. My life is far better now. No more money or bill worries.
Gone up by about 40% but that's involved promotions and company changes, so not the best measurement. But probably won't go up anywhere near the same rate as I've gone from entry level to established
70% between 2020 and now. Same job, 2 promotions.
Up 19% (most of which was due to increases to minimum wage). Still a very low income earner.
Up 217%. Gone from $34 an hour to $74 an hour. Aggressively moved jobs when the opportunities have presented themselves
Pro-rata (4 days a week) had me earning ~60k in 2019. In 2023, I'm on ~140k. Three job changes since. Same field, same job title as an individual contributor with no added management/people responsibilities. It's great.
in 2019 I made under the tax free threshold pretty sure including centrelink payments but I was 18/19 this 22-23FY I made 190k but saying goodbye to about 60-70k in tax (sole trader) highly recommend running your own business
About 2.5x. Covid was very good to me
Ebbed and flowed. Was 80k salary. 2019, then in business 100k 2020, 200k 2021, 40k 2022 now 110k salary, zero stress. Probably make 20k in business ontop too. Still pay myself the same as I earned as a trainee 10 years ago.
2019: 150k 2023: 700k
About $60k increase. I was still at my first full time job in 2019. Changed jobs 3 times since then.
From 35k to 105k but that’s also the jump from 20 part time to 24 fullish time
Earning 3x more, stoked as
44k to 105k. 2 job changes, and a lot of luck.
Yep I went from $62k gross to est gross ~$135k
my salary is about 10% higher.
From like $40 to $65/h, about to switch to a not for profit, so it’s gonna drop through the floor haha
Gone backwards and lost my job… life sucks atm
60% higher.
Started my career in 2020 at 55k. My current role is 100k.
Household income more than doubled (we’re up 120k)
$115K now 2019 I was on $80K
I was on 80k in 2019 now I’m on 120k
Went from about 100k to 350k odd. 3 job changes - also subject to sales performance
Double, but that’s a career change and assertive career moves (and a misstep along the way)
I've had my first pay rise since then this year of 12.5%, (casual flat rate) but it also came with talking on a new role in 2021 that didn't come with a rise lol. That said the Hours are way down compared to last financial year so likely to earn less than last year
3 x 2% pay increases. So, well below the CPI.
$200k. Standard reddit base wage.
My salary has gone up somewhere between 25-30% but I had to move to a new organisation and await a pay correction so it's probably not really making a dent in real terms.
It's gone up considerably, but say hello to lifestyle creep
Pre covid was in my dream job on a good wicket over $200k Post Covid - shut down and made redundant. Now on about 50% more. Had fixed rates for a while so managed to save a bucketload, which will be eaten away now with rates going the way they are.
Gone up by about 10%. Less than inflation. So, I'm getting less with more.
60k to 150k, same company.
Ok. I'll go with take home pay, fortnightly amount. My take home has gone from $1,658 per fortnight (Jan 2020 - earliest record I have in my budget book) to $3,762 per fortnight. That increase has been despite being at the same pay grade. It is mostly made up with no longer paying child support, accessing the FBT concession for my employment in a hospital going towards rent (now mortgage) instead of a lease car and a couple of pay increases. So a 44% increase since early 2020 by just being a lot more focused on where my money goes and some life changes. Still really watch my spend though!
Up 600% I'm your typical ausfinancer. From 10k to 60k.
$40k in 2019 - working casual jobs as a student $110k in 2023 - full time job(35hrs/week) + casual job (15hr/week)
Up about 25% (self employed)
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Up 16%, sorta
I’ve gone from 60,000 to 190,000
Up 72% from $100k to $172k. Same company, more senior role and negotiation based off continually increasing remit and accountability.
My salary has gone up 12%. I feel like I'm barely keeping up - less "play" money and less fun groceries.