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By Jessica Yun

Customer service specialists, digital marketing experts, data scientists and cyber security specialists are among some of the jobs that will see pay increases over the next five years, according to recruitment experts.

Despite chronic wage stagnation in Australia, certain job sectors – like healthcare, trades and government – are currently experiencing salary growth, and tech skills, soft skills and business know-how will be prized.

COVID-19 has also accelerated the growth of some industries; for example, those in aged care, the disability sector, and mining and infrastructure are seeing notable pay increases.

Tech skills are still #1

Thanks to COVID-19’s acceleration of remote work and the digitisation of the workplace, those with digital and technological skills will be in greater demand over the coming years.

“When it comes to salary growth, technology jobs are in a stronger position compared to many other positions in the market,” Robert Half director Nicole Gorton told Yahoo Finance.

Businesses across all industries are investing more heavily into artificial intelligence and robotics, she said.

With the international travel ban still in place, hiring managers are struggling to fill specialised IT roles.

“Both these forces are placing upward pressure on tech salaries as companies compete for the right talent to help them prepare for the future of work.”

Nearly 7 in 10 chief information officers surveyed by Robert Half said they were willing to pay more to secure top talent in IT.

“With the trend likely to continue for the next few years, we expect roles such as cyber-security specialists, DevOps and cloud engineers, as well as front end software developers to show the strongest salary growth, even though they’re not necessarily projected to be the highest salaries in the market,” Gorton said.

Data scientists will also be rewarded for their expertise and specialisation, she added.

Hands holding australian dollars 50 banknotes. Finance and payment concept.
Hands holding Australian dollars 50 banknotes. Finance and payment concept.

Soft skills, business acumen in high demand

But soft skills such as communication and emotional intelligence – will be well-remunerated in the coming years, too, according to Adecco Australia managing director Kelly Van Nelson.

“The ability for employees to deal with uncertainty, pressure, and to continue working at their best during tough times is what will set them apart from the rest,” she said, highlighting resilience as a particularly important quality.

But the rare workers who combine both tech skills, business acumen and soft skills will be the true winners. For example, financial planners and business analysts that can help businesses navigate a post-pandemic world will be in a stronger position to negotiate salaries, said Gorton.

“By 2025, it’s expected that the highest earning roles will be those which have evolved to leverage new technology to enhance a company’s capabilities and competitiveness in the market.

“In other words, jobs that break down the barriers between IT and other business functions, combining technology skills with commercial mindedness, a high degree of business acumen, and niche expertise.”

Traditional departments such as finance, marketing, and HR will prize new hires that also have tech skills, she added.

“Candidates who can enhance the value of their expertise and experience in these fields by developing knowledge of different systems, proficiency with data analytics tools, and their ability to implement and manage systems upgrades are likely to be on a path to the most highly rewarded careers in 2025.”

According to Robert Half and Adecco Australia, these are the jobs that are seeing the highest salary growth:

  • Software Developer
  • Sales Representative
  • Project Manager
  • IT Administrator
  • Customer Service Specialist
  • Digital Marketer
  • IT Support
  • Data Analyst
  • Financial Analyst
  • Graphic Designer
  • Cyber-security Specialist
  • DevOps and Cloud Engineer
  • Front End Developers
  • Data Scientist
  • Financial Planning & Analysis

Feature Image Credit: Getty

By Jessica Yun

Sourced from yahoo!finance

By Ryan Shea

The lucrative dream is still alive regardless of what this pandemic has done to our world over the past year. Many industries are looking for viable candidates who of course have the passion, education and experience to get hired and greatly expand on their bank accounts.

Software engineers, sales managers and backend developers are some of the kinds of jobs that can get you this or close to this kind of pay should they decide to hire you. But there are skills you should have in order to get to that all-important step.

Take a look at six crucial ones worth looking into should you be navigating the world of high-paid employment.

Financial management

Everything from knowledge of IT software to analytical reporting to management experience make up someone who is good in the Financial Management industry. And the paycheck that goes along with something like this is astounding as being a Senior Finance Manager can net you up to $150,000 a year according to Payscale.

Becoming a Certified Financial Planner, or CFP for short, can only help in the process as people will feel that much more comfortable with you advising them on how to use their money in a smart way.

Sales 

Take it from someone who knows. Stuttering during a sales pitch as part of an interview for you to get hired, or even worse acting nervous while talking to an actual employer who could easily fatten your piggy bank, is cause for disaster regardless.

Luckily there are tons of sales training videos out there that will help you hone in on these kinds of skills and give you the confidence to secure the bag or position at hand depending on what you’re going for.

Writing

There are many jobs out there in the world of journalism that are paying in the really high numbers. Celebrity culture, sports, banking, the list goes on and on for you to make mint in this highly coveted industry.

Skills that are worth brushing up on in order for them to be super impressed include everything from taking grammar quizzes to knowing who your audience is and even varying your sentence structure accordingly.

Communications and public relations

The gift of gab is something that many have possessed since the day they were born. Being Most Talkative in high school could turn out to be a good thing should you want to enter the communications and public relations industries, many of which are hiring at over $100K per year.

An important skill set for this is something quite simple yet many seem to overlook it: your social media presence. Take a look at how big companies that have millions of followers are doing their and try to mirror yours so that it looks professional, fantastic and something people want to like or double tap on.

Project management

Be the leader that you’ve always dreamed of being. Find yourself as the focal point of each Zoom meeting (as opposed to the in-person ones that at one point were the norm).

Mastering key skills like mapping out a timeline, troubleshooting any issues and planning your project from conception to inception will only make things better although getting to that point should require some sort of bachelor’s degree in project management from PMI (Project Management Institute).

Fortunately all that time studying will help out in the long run (regardless of where you are on your own personal ladder in life) as Salary.com reported that the median amount for this position is about $92K which can go as high as $120K.

Life Coach/public speaking

The gift of gab is once again brought up except this time it revolves around being a life coach or doing something with public speaking where people are paying you big bucks to talk about something that will hopefully change their lives for the better.

Normally a good way to hone in on this skill would be to engage with your audience in an outdoor environment, but seeing as that is not a possibility a good way to do so would be to check in on them periodically online and let you know that you are there for them beyond a simple email.

Create group Zoom chats and really hear what some of them have to say about the matter at hand so you know they are really feeling about what you are trying to put out into the world.

By Ryan Shea

Sourced from LADDERS