Postgraduate students at Melbourne Uni postgraduate programs are being rewarded for their hard work with up to $90 000 in bonuses, the union has claimed.
Melbourne Uni postgraduates earned more than 9.5 per cent of their undergraduate earnings in 2013-14, up from 8.6 per cent in 2012-13, according to data released by the Victorian Government on Monday.
Melbournians earning more than the $90k annual average for students earning at the top end of the postgraduate earnings scale earned more $92,000.
The median wage for graduates earning at this level was $75,000, according the University of Melbourne’s research.
In total, $92.5 million of postgraduate pay was paid out in the Victorian public sector in 2013, a rise of 11.1 per cent from 2012-14.
Postgraduates earning the $70k-80k annual median income, the university said, were earning more $69,000 per year.
Postgraduate earnings at universities in Victoria are higher than those at public institutions, with the average postgraduate salary at Victoria’s top public institutions being $90.25k, up 12.1 percent from $90 k in 2012.
The University of Sydney postgraduate income was up 16.3 per cent, with $76.75k in postgraduate wages earned.
The largest share of postgraduation earnings went to the highest paid student, $84,700, which was earned by students in the University’s $70,000-plus program.
The median student was paid $50,600.
The university’s top graduate was paid a median salary of $70.25, while the top 10-15-year-olds were paid $54,000 and $40,000 respectively.
The Postgraduate Institute of the University (PGIU) said the $60,000 figure was a new record and the university’s average postgrad student had received $63,000 of post graduate wages.
Post graduate pay at Victoria universities is higher than public institutions.
The Victorian Government said in a statement it was happy to have the public sector rewarded with more postgraduate payments.
“The postgraduate workforce has seen significant progress over the past decade and has been the envy of the country, but the postgraders have always been rewarded with the highest pay and recognition,” it said.
“These recent figures show that the public sectors have stepped up and helped the post graduates to compete for the highest levels of pay and pay rises.”
The Victorian Premier has said she is open to further postgraduate funding, but is not prepared to commit to a national scheme.
The Premier, Daniel Andrews, has previously said the government will not take any new funding for postgraduated students until the Government has seen evidence of the benefits of post-graduation training.
“If we can get a bit of the science out of post grad, that would be great, and if we can then have a look at the potential for more funding for the post, we would certainly consider that,” he said in August.
“I would like to see more post graduate training, I’m not a big believer in it being compulsory, but I would love to see that, but that is something we will look at.”
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