A person working in Insurance in Perth typically earns around 101,000 AUD. Salaries range from 37,900 AUD (lowest average) to 197,000 AUD (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 Insurance domain in Perth 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 Insurance in Perth range from 37,900 AUD (starting average salary) to 197,000 AUD (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 Insurance is 95,300 AUD, implying that half of the workforce in Perth 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 Insurance in Perth earn less than 73,600 AUD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 115,000 AUD, 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 Insurance in Perth. The analysis revealed that roughly 65% of all reported salaries fell within the range of 52,700 AUD to 89,200 AUD. Approximately 20% of salaries were below the 52,700 AUD mark, while 10% ranged from 89,200 AUD to 106,000 AUD. Only 5% of individuals earned a gross salary of 106,000 AUD or higher.