Technology sector

Graduates who accept tech jobs receive salaries of up to $350,000

Australian graduates heading into the tech sector are setting themselves up for a huge payday, according to a new analysis.

Companies like Amazon, Google, and Canva pay salaries of up to $350,000 to new graduates.

Some of those salaries, according to the research, include stock options and year-end bonuses.

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The data, reported in The Australian, found that four of the highest-paying graduate jobs were software engineers at financial institutions.

The most lucrative salary was a $350,000 a year position at Jane Street Capital.

File: Australian graduates heading into the tech sector are set for a huge payday, new analysis shows. Credit: Unsplash

The second highest was at IMC, paying $260,000, followed by Optiver at $250,000.

Tech giants including Google and Amazon also landed in the top 10 earning countries at $200,000 and $153,000 per year respectively.

In other good news for students, job openings in the technology sector are increasing month by month.

Job market SEEK released its monthly vacancies figures earlier, showing an increase in information and communications technology jobs in all Australian jurisdictions outside of Tasmania.

Nationally, the research found there were 2.6% more job openings in the sector in April compared to March.

Amazon logo on computer screen.
Tech company Amazon is among the companies paying lucrative salaries to graduates. Credit: AAP

Industry advocates are also calling for more people to consider tech jobs.

A report from the Tech Council of Australia says there are “unique opportunities” in the sector.

“Unfortunately there is still a stigma around working in the tech space. We want to change the perception of what a tech job is,” said CEO Kate Pounder.

“Our research shows that tech jobs are among the most flexible, employees in tech-specific companies are 1.5-2 times more likely to work remotely than tech employees working in non-tech-specific companies.”