Average Salary in New Zealand 2024

Explore the intricacies of salary in New Zealand through this comprehensive article. Delve into various aspects such as pay scale, wage gap, yearly increments, and breakdowns based on education level or years of experience. Gain valuable insights into the dynamics of the New Zealand job market and make informed decisions to navigate your career path effectively.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in New Zealand in 2024?

What is the average salary in New Zealand in 2024?
50,600USD
(USD 4,300 monthly)
Low 22,800 USD
Average 50,600 USD
High 223,100 USD
The average salary in New Zealand is typically USD 50,600 per year. However, salaries can range from USD 22,800 (lowest average) to USD 223,100 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in New Zealand in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison between 2023 and 2024 will be conducted by the year's end.

Pay Scale and Salaries in New Zealand

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 223,100, 75% of the people earn USD 69,900 or less. 50% employees earn less USD 48,900 or less, 25% of the employees earn less than USD 36,700.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 223,100, 75% of the people earn USD 69,900 or less. 50% employees earn less USD 48,900 or less, 25% of the employees earn less than USD 36,700.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In New Zealand the minimum salary is USD 22,800.

Median Salary

The median salary for New Zealand is USD 40,000, depicting the middle point of all salaries in a dataset. This figure provides a more balanced view of income distribution and is commonly used to estimate average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In New Zealand the salary ranges from USD 22,800 to USD 223,100.

Annual Salary Increments in New Zealand

What is the average annual salary increment in the New Zealand? How frequently do employees receive salary raises?

In 2024 employees in New Zealand received around 0.7% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
The year 2024 saw employees in New Zealand receiving an average salary increment of 0.7%. This figure represents a cross-sectoral average. Comparatively, the global average for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in New Zealand

On an average, employees in New Zealand have received a salary increase ranging from 0.7% to 4.5% per year in recent years. This translates to an average increment of 3.3% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in New Zealand received in recent years salary increase from 0.7% to 4.5% on average per year. It means 3.3% increment per year on average.

Salary Forecast and Trends for the Future in New Zealand

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.9%. Estimated range is between 2.1% and 6.0%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.9%. Estimated range is between 2.1% and 6.0%.

Gender Wage Gap in New Zealand

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The actual wage gap in New Zealand reaches 9.2%.Download chartGet chart linkShare on FacebookShare on Twitter
In New Zealand, the actual wage gap amounts to 9.2%.
It's due to many factors, such as:
  • Gender inequality.
  • On average, women take 10% longer vacations than men each year.
  • A college degree is more frequently attained by men than women.
  • Taking up caregiving responsibilities for children and elderly relatives is more common among women than among men.
  • Women are more likely than men to work part-time, and part-time workers typically earn less than full-time workers.
  • Women tend to gravitate towards lower-paying occupations more than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and attaining a bachelor's degree yields a host of benefits. Above all, it significantly enhances career prospects by increasing earning potential and broadening access to a greater variety of job opportunities. Along with financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and allows for specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and fosters the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. signifies an insatiable thirst for knowledge and a commitment to a meaningful and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 5%-9%. Expertise and leadership attain higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 17%-21% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 5%-9%. Expertise and leadership garner higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 17%-21% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in New Zealand

What is the average hourly wage in the New Zealand?

Average Hourly Wage
25USD
Low 11 USD
Average 25 USD
High 109 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Dealing with irregular or fluctuating income from hourly wages can make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually attributed to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can interrupt work-life balance and make it hard to maintain consistent routines.
  • Uncertain job security: Compared to salaried positions, job insecurity in hourly positions can increase as they are more susceptible to layoffs, downsizing, or changes in demand.
  • Limited career advancement: In certain cases, hourly positions may have limited prospects for career progression, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in New Zealand

What are the best paying jobs in New Zealand?

List with best paid jobs in New ZealandDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs New Zealand?

  1. Surgeon (USD 220,600)
  2. Doctor (USD 199,200)
  3. Chief Executive Officer (CEO) (USD 189,800)
  4. Registered Nurse Anesthetist (USD 185,200)
  5. Dentist (USD 177,200)
  6. Airline Pilot (USD 171,200)
  7. Intellectual Property Lawyer (USD 165,200)
  8. Marketing Manager (USD 146,100)
  9. Marketing Director (USD 146,100)
  10. Sales Director (USD 137,400)
  11. Sales Manager (USD 137,400)
  12. Petroleum Engineer (USD 136,100)
  13. Brand Manager (USD 133,100)
  14. Marketer (USD 133,100)
  15. Judge (USD 131,100)
  16. Treasurer (USD 129,100)
  17. Controller (USD 129,100)
  18. Pharmacist (USD 126,000)
  19. Tax Lawyer (USD 124,300)
  20. Lawyer (USD 124,300)
List with worst paid jobs in New ZealandDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs New Zealand?

  1. Cashier (USD 23,800)
  2. Childcare Worker (USD 25,000)
  3. Stock clerk (USD 25,400)
  4. Elder Care Worker (USD 25,500)
  5. Receptionist (USD 26,500)
  6. Bartender (USD 28,800)
  7. Food and beverage server (USD 29,000)
  8. Janitor (USD 29,100)
  9. Waiter (USD 29,600)
  10. Tour Guide (USD 29,800)
  11. Customer Service Representative (USD 35,900)
  12. Hotel Concierge (USD 36,300)
  13. Rehabilitation Counselor (USD 36,800)
  14. Travel Agent (USD 39,900)
  15. Secretary (USD 41,100)
  16. Painter (USD 42,500)
  17. Carpenter (USD 44,000)
  18. Bus Driver (USD 44,900)
  19. Artist (USD 45,300)
  20. Truck Driver (USD 46,200)
List with best paid industries in New ZealandDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 140,900)
  2. Business and Management (USD 119,800)
  3. Marketing and Sales (USD 110,300)
  4. Engineering (USD 101,700)
  5. Law (USD 96,500)
  6. Accounting and Finance (USD 95,500)
  7. Computer and Information Technology (USD 93,700)
  8. Transportation and Logistics (USD 91,300)
  9. Science (USD 90,700)
  10. Education and Training (USD 75,100)
  11. Other (USD 55,700)
  12. Hospitality and Tourism (USD 46,600)
  13. Social Services (USD 38,200)
  14. Services (USD 34,800)