Commodities Manager Salary in Melbourne, AU
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How much does a Commodities Manager make in Melbourne, AU? The average Commodities Manager salary in Melbourne, AU is A$157,669 as of March 19, 2021, but the range typically falls between A$121,011 and A$196,961. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Commodities Manager Salary
Mastering key skills can significantly increase your earning potential as a Commodities Manager. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 4% salary raise, while strong Commodity Management skills boost pay by a 3%.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Commodity Management
Commodity Management is the process of developing a systematic approach to the entire usage cycle for a group of items. The term is often used interchangeably with Category Management. It is generally considered as one aspect of the Procurement Management toolkit, and frequently used in combination with other tools – such as 'two-by-four-box' analysis, looking at the strategic positioning of that commodity with respect to an organisation and its supplier. This may then be further developed with Supplier Relationship Management (SRM), with designated Buyers managing key suppliers in given commodities. For more information on this topic, please consult: Supplier Relationship Management Procurement Category managementCommodity Management is also used in other contexts, as such managing dwindling availability of scarce resources. For this context, please see: Resource management
More Skills...
Based on recent job listings, in-demand skills in the Commodities Manager field include Analysis (4%), and Commodity Management (3%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| A$163,976 |
Analysis
A$163,976
|
4%
|
|
| A$162,399 |
Commodity Management
A$162,399
|
3%
|
What does a Commodities Manager do?
Commodities Manager
London, UK
Professional traders working for brokerage firms help in creating a deep and liquid international commodities market.
03/09/2021
Commodities Manager
Radom, PL
Although the Act treats financial products like commodities, it doesn't consider them to be commodities.
03/08/2021
Commodities Manager
Liverpool, UK
First and foremost you need a Commodity Management team that can create the strategies for the specific Commodities that each individual manages.
03/02/2021
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About Melbourne, Australia
Melbourne is in the southeastern part of mainland Australia, within the state of Victoria. Geologically, it is built on the confluence of Quaternary lava flows to the west, Silurian mudstones to the east, and Holocene sand accumulation to the southeast along Port Phillip. The southeastern suburbs are situated on the Selwyn fault which transects Mount Martha and Cranbourne.
Melbourne extends along the Yarra River towards the Yarra Valley and the Dandenong Ranges to the east. It extends northward through the undulating bushland valleys of the Yarra's tributaries—Moonee Ponds Creek (toward Tulla...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Commodities Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Sydney, AU |
Compared to national average
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| City, Country Melbourne, AU |
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| City, Country Brisbane, AU |
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| City, Country Perth, AU |
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| City, Country Adelaide, AU |
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| City, Country Gold Coast, AU |
Compared to national average
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Employees with Commodities Manager in their job title in Sydney, AU earn an average of 3.8% more than the national average. The lower salaries can be found in Gold Coast, AU (5.4% less), Adelaide, AU (3.7% less), Brisbane, AU (1.3% less).
Similar Jobs to Commodities Manager in Melbourne, AU
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| Job Title | Location | Salary Range in AUD |
|---|---|---|
| Job Title Art Manager | Location Melbourne, AU |
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| Job Title Commodities Purchasing Manager | Location Melbourne, AU |
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| Job Title Commodity Manager | Location Melbourne, AU |
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| Job Title Distribution Manager | Location Melbourne, AU |
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| Job Title Logistics Manager | Location Melbourne, AU |
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Understand the base salary paid range for a Commodities Manager in Melbourne, AU
Average Base Salary
Core compensation
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196961
The chart shows the base salary for Commodities Manager in Melbourne ranges from A$121,011 to A$196,961 with the average base salary of A$157,669. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Commodities Manager may get paid difference by industry, location, and factors.
Commodities Manager Frequently Asked Questions
Can I expect to receive a higher salary for the position of Commodities Manager in Sydney than for the same job in Gold Coast in the Australia?
On average, a Commodities Manager, working in Sydney, Australia, would generally get a higher salary than those working in the city of Gold Coast. The larger cities in the AU typically provide numerous opportunities for Commodities Manager Jobs. Since Melbourne, Australia is an attractive place to work for many professions, Commodities Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 19, 2021
salary.com
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What is the salary range for a Commodities Manager in Melbourne, Australia? What is the average hourly rate?
The average salary for a Commodities Manager in Melbourne, Australia is A$157,669 per year. The salary range for a Commodities Manager is between A$121,011 and A$196,961. While we are seeing hourly wages as high as A$95 and as low as A$58, the majority of Commodities Managers are currently paid an average of A$76 in Melbourne, Australia. The average salary pay range for a Commodities Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Commodities Manager in Melbourne, Australia can differ based on any or all of these varying factors.
March 19, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering a Commodities Manager job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that a Commodities Manager working in Melbourne, Australia will receive in exchange for their job. Some common items included in the total compensation of a Commodities Manager working in the Melbourne, Australia are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Melbourne, Australia might also offer long-term incentives such as stock options or stock grants for Commodities Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 19, 2021
salary.com
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Last Update: March 19, 2021