Average Economist Salary in New Zealand
The average annual salary of Economist is $93,135.00
The starting salary of Economist is between $54,664.00 and $64,310.00 whereas the maximum salary range is between $163,080.00 and $187,542.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| $54,664.00 | $187,542.00 |
- Currency : NZD
- Annual Salary : $93,135.00
- Weekly Pay : $1,674.00
- Fortnightly Salary : $3,348.00
- Monthly Salary : $7,254.00
Economist Salary Comparison by Gender
This pie chart demonstrates the gender share for Economist. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Economist compared to male. Their involvement is 62% while of male is only 38%.
Salary Distribution Based on Years of Experience
The line graph shows Economist salary in New Zealand on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Economist having experience between 1-4 years, their salary is around $71,415.00.
Once the experience reaches 5-9 years Economist salary would increase again to a total of $90,432.97, adding $19,017.97 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $135,405.00.
Prominent Skills Affecting Economist Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Economist's salary. It clearly highlights the skills needed for a post of Economist when hired by an employer.
The most vital skill expected of Economist is Econometrics which impacts the most than the rest of the skills indicated with a staggering 11% comparatively. Therefore, one’s salary would greatly depend on their skills in Econometrics.
The skill least likely to affect one’s pay would be Research Analysis with 2%. It can be said that Research Analysis skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Economist. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $72,645.00 whereas the highest earning is $139,703.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $139,703.00 at 50%. So to summerize, Early Career earns 22% less than the average salary, Mid Carrer earns 1% less than the average salary, Late Career earns 50% more than the average salary.