A person working in Engineering in Hamilton typically earns around 79,300 NZD. Salaries range from 25,000 NZD (lowest average) to 167,000 NZD (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Engineering domain in Hamilton exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Engineering in Hamilton range from 25,000 NZD (starting average salary) to 167,000 NZD (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Engineering is 72,600 NZD, implying that half of the workforce in Hamilton earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Engineering in Hamilton earn less than 54,300 NZD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 89,800 NZD, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Engineering in Hamilton. The analysis revealed that roughly 65% of all reported salaries fell within the range of 37,100 NZD to 69,000 NZD. Approximately 20% of salaries were below the 37,100 NZD mark, while 10% ranged from 69,000 NZD to 83,400 NZD. Only 5% of individuals earned a gross salary of 83,400 NZD or higher.