What business administration jobs earn
Have you ever wondered what you can earn in business administration jobs? Or want to understand the opportunities and future growth in the market?
Have you ever wondered what you can earn in business administration jobs? Or want to understand the opportunities and future growth in the market?
Job opportunities in business services and administration have and will likely always be strong. Particularly with the recent boom in small businesses in Australia. People with administrative skills are needed to help with the efficient and effective running of any organisation and are a staple in helping everyone else do their job well.
‘Business Services job roles are identified as being particularly transferable, allowing workers to take up roles in other sectors with relative ease. Micro-credentialing is expected to be in increasing demand to bridge the skills gap for changing work environments and develop agility across industries.’
Future growth of business administration jobs
The future looks great for jobs in business administration and related services. Although it’s hard to capture all the data because it’s such a wide-reaching area, there is some handy information that can give you an overview of why you would be wise to consider a business administration job or a fruitful career in business.
There are 2,516,370 actively trading businesses in the Australian economy as at March 2022. That’s a lot of businesses!
Indicating continual new businesses entering the market, over 2020-21, there was a:
- 2% increase in businesses with 1-4 employees and
- 6% increase in businesses with 5-19 employees.
There is a predicted future growth of nearly 5% in office manager jobs and is likely to reach 156,500 jobs by 2026.
And Seek predicts a nearly 10% jump in job growth for business administrators over the next five years.
Administration and office support job ads were up 35.3% in 2022 compared to the same time the previous year, as also reported by Seek.
Business administration jobs earning potential
A recent report purports that employers are paying up to $110,000 salary for an office manager.
What’s more, 55 per cent of employers have offered higher salaries than planned in office support roles for the 2022-23 financial year.
The government’s Labour Market Insights states that the average weekly salary for an office manager is $1,501. And 1 in 4 earn more than $1,780.
Business administration career outcomes
With such broad industry options, you can find any number of jobs that incorporate administration and business services in the mix. It’s a great career choice because there is plenty of scope for progression in your career, as well as stepping sideways to try different roles, duties and industries.
According to a recent report, the top five business administration jobs that employers need to fill are:
1. administrators
- personal and executive assistants
- receptionists
- office managers
- legal secretaries
The industries requiring the most office managers at the moment are:
- construction
- professional, scientific and technical services
- health care and social assistance and
- manufacturing.
Business administration skills in demand
The top generic skills in demand from employers in this industry are:
- communication skills
- problem-solving
- detail-orientated
- time management
- organisational skills.
Here is an example of the key attributes that an organisation is seeking as per a recent job ad
- Strong communication, listening and rapport-building skills
- Excellent organisational skills and great attention to detail
- The ability to develop and maintain strong relationships with internal and external stakeholders
- Task-oriented
- A confident and self-motivated team player
- Strong work ethic
Get the advantage
So how can you position yourself well for a career with sought-after business services and administration skills?
It’s really important that you have a solid education with a business course that equips you with the practical skills to become a proficient employee across any number of business administration jobs.
That’s where a nationally accredited qualification in business from Original Campus comes in. Our online business courses were created with your future career and getting that advantage in mind.
- Certificate III in Entrepreneurship and New Business
- Certificate IV in Entrepreneurship and New Business
- Certificate III in Business
- Certificate III in Business (Administration)
- Diploma of Business
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