Head down under to reap rewards, salary survey shows
Posted by APM on 11th Jul 2011
With the UK economy still sluggish and the middle-east hit by mountains of debt, project professionals should head down under to ply their trade instead, the latest Hays Salary Survey reveals.
Results from the annual recruitment survey show that the average salary for a project manager (5-10 years' experience construction only) in Australia is £97,427, up from £85,800 last year, and in New Zealand it is £48,392, up from £46,500 last year. This compares to an industry average of £40,000 in the UK.
The demand for skilled professionals can be attributed to a number of reasons. According to UK Trade & Investment, Australia and New Zealand only experienced a short time in recession compared with the UK, and both have funded a number of national projects.
In New Zealand the government has put $7.5 billion of new capital towards the National Infrastructure Plan with major projects such as high speed broadband, electricity transmission and roading being identified.
Other ‘top earners’ included Canada, where the average salary is £69,893, and Portugal and Brazil, where project managers can expect to earn an average of £74,000.