8 of the Top Paying Jobs in Asia-Pacific
The Asia-Pacific region still thrives as a hub of global investment, trade, and jobs. The region’s economies were marked to have grown two-thirds faster in 2017 compared to the previous year and will continue to do so in 2018 and beyond. According to the Economic and Social Survey of Asia and the Pacific (ESCAP), these economies are expected to grow by 5.5 percent for 2018 and 2019. This will open the doors to immense opportunities including high-paying jobs while beginning to eliminate job-polarization in the region. The rapid advancement of technology is one of the leading reasons why the number of decent jobs in this region is tremendously expanding.
The upshot of a booming economy and growing technology is the expansion of decent job opportunities in Asia-Pacific. Places in the Far East, Indian subcontinent, Southeast Asia, Western Asia, Fiji, Australia and New Zealand are among the regions which offer great positions and are favorite destinations for many job hunters. Without further ado, here are some of the highest-paying jobs in the region:
1. Software developers
Asia-Pacific is one of the global regions which is home to software industries. Companies in this region are using IT to boost productivity and to automate many routine operations. Because technology is a powerful tool that’s shaping the way things are done in every field, the demand for software developers is growing even in the Asia-Pacific region. Developers in Asia-Pacific are usually required to have at least five years’ experience to land a good salary. The most common software developers in Asia-Pacific are working as part of the major IT companies in the region, while there is a significant number who work as freelancers as well. Moreover, it is very common for software developers in the region to be employed as web and mobile developers, with average pay starting at US$700 per month. As many of these companies grow and require more powerful technology, the IT industry will continue to employ a large number of software developers.
2. Electrical and electronic engineers
The demand for technical skills in Asia-Pacific is higher than ever. Engineering, despite being known as the oldest profession, still flourishes in today’s digital age. Electrical and electronic engineers are highly employable in the region thanks to the rapid pace of technological advances. These professionals can work in various industries including power, transport, manufacturing, automotive, electronics, constructions, utilities, telecoms and IT. And because this job requires technical skills, and considering that Asia-Pacific is at the forefront of the electronic and electrical industry, the income of professionals in this field is promising. On average, the starting salary of electrical and electronic engineers is about US$600 per month but may vary depending on the type of company they are employed by.
3. Airlines and aviation jobs
Boeing, a US aircraft manufacturer, has projected that thousands of airline and aviation crews are needed in the Asia-Pacific region. Growing demands for travel and the rising wealth of the region are the main reasons that these jobs are in demand. Estimated employment numbers are shooting up and the projection is huge. In 2037, it is estimated that around 317000 cabin crew, 242000 technicians and 240000 pilots will be hired. 50% of Boeing and Airbus deliveries at any given time go to China, followed by Southeast Asia and South Asia. Demand in Asia-Pacific is huge where aviation companies are expanding their fleets, demonstrating the growing requirement for airlines and aviation crews on tremendous salary rates. The average salary of pilots is US$100,000 per year, while it’s an average of US$28,500 a year for cabin crew and US$8,000 a year for technicians.
4. Jobs in the manufacturing sector
Technology remains the primary driver of productivity in many companies in Asia-Pacific. Rapid industrialization led to the acceleration of technological evolution where manufacturing industries are manned by AI technology. With rising manufacturing needs calling for more productivity, companies are opening their doors for bulk employment specifically to operate AI-driven machines. Candidates should possess vast knowledge and skills in computer technology. Additionally, not all jobs can be performed by computers alone and there will still be a need for human factory workers. The average starting salary for skilled workers is US$250k to US$350k and as low as US$5k for small manufacturing companies.
5. Luxury hotel personnel
Asia-Pacific, according to a recent survey, has been home to many international events as well as becoming a destination for travel and leisure activities. Travelers and tourists are opting for great places where they can have a luxurious stay. Due to the increasing demand, more and more luxury hotels are opening up in the region with a need for professionally skilled staff to offer a rejuvenating experience to visitors time and again. Hotel Managers are paid on average US$9k per annum depending on the hotel and the country. The salary comes down for staff lower in the hierarchy.
6. Healthcare service providers
Like in any other part of the world, healthcare service providers are in demand in the Asia-Pacific region. Job titles include nurse, psychologist, medical doctor, dentist and therapist among others. The average salary for medical doctors in general practice is roughly at US10,000 to US20,000 per annum, while other jobs in healthcare services are paid a bit less.
7. Sales executives
Businesses are fast emerging in Asia-Pacific. A myriad of services and products are offered and in order to link a company’s services or products to consumers, the role of a sales executive is very important. Across many countries in Asia-Pacific, sales executives or managers are compensated well, especially in large companies. Salaries start on average at US$86k per annum, which certainly is attractive. For any industry including tourism, finance, infrastructure, manufacturing and IT, proficient sales executive skills are in high demand and will remain so for the next decade.
8. Jobs in logistics and supply chain
Businesses in logistics and supply chain in Asia-Pacific have become the hottest drivers in the job market. There are no signs of waning yet for this industry as it’s flourishing along with the booming economies. Jobs like transportation data analysts and solution design managers are crucial in the field of supply chain and logistics. These professionals are in demand because of the increasing need for the newest developments in technology and digitalization. Their skills and capabilities are indispensable for business growth and to stand out against the competition. Thus, they are receiving higher salaries that start roughly at US$3k and go as high up to US$4k.
According to statistics, the job market in Asia-Pacific has still got enough room for job seekers. Professionals who possess the necessary skills and knowledge can be placed in positions where they will receive better compensation packages. If you are one of those job seekers trying to earn a better income, take a look at the highest paying jobs listed above and try your luck!
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