Show me the money
Apprenticeship wages versus university fees (HECS)
Ever wondered how much money you'll be earning as an apprentice?
Each year you progress through your apprenticeship, your salary will increase. Compare this growth in your earnings over 4 years with the time and costs associated with undertaking a university degree.
| Stage | Trade Engineering Mechanical Based on minimum award wages for Engineering | University HECS Help Loan | |
|---|---|---|---|
| Stage 1 | +$19,401 Plus Overtime, Allowances, Leave Loading | -$8,768 | |
| Stage 2 | +$23,281 Plus Overtime, Allowances, Leave Loading | -$8,768 | |
| Stage 3 | +$29,102 Plus Overtime, Allowances, Leave Loading | -$8,768 | |
| Stage 4 | +$34,146 Plus Overtime, Allowances, Leave Loading | ||
| Totals | $105,930 Plus Overtime, Allowances, Leave Loading | -$26,304 Debt | |
| $132,234 = variance between an apprenticeship and University over 4 years | |||
| Year | Trade Engineering Mechanical Based on minimum award wages for Engineering | University HECS The University of Sydney |
|
| Year 1 | +$15,236 Plus Overtime, Allowances, Tools | -$6,979 | |
| Year 2 | +$17,680 Plus Overtime, Allowances, Tools | -$6,979 | |
| Year 3 | +$22,552 Plus Overtime, Allowances, Tools | -$6,979 | |
| Year 4 | +$27,227 Plus Overtime, Allowances, Tools | ||
| Totals | $82,695 Plus Overtime, Allowances, Tools | -$20,937 Debt | |
Note:
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These figures are based on an apprenticeship in Engineering Mechanical (Fitter and Turner) commencing the apprenticeship at completion of Year 12 schooling.
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The HECS Help Loan debt is based on a Commonwealth supported place in Band 2, Engineering. It is repaid through the tax system once you are working and your income reaches a compulsory repayment threshold, which is $54,126 for 2015/2016.
Wages and Awards
Our hosts often reward great work and often pay above award rates and conditions.
You will be paid an apprentice wage, based on the relevant Award and you will be eligible for sick leave and holiday pay. Find out here at the Fair Work website.
If you are doing a traineeship, you will be paid a trainee wage based on the applicable Award and you will be eligible for sick leave and holiday pay. Find out here at the Fair Work website.
You receive the same entitlements as all other employees of the company and will get a pay slip from Ai Group Apprentice and Trainee Centre each week that includes details such as the period of employment to which the pay relates, the hours worked (including overtime), gross pay, tax deducted, other deductions and net pay.
200
Years of Experience
Staff have over 200 combined years of experience in Group Training and dealing with apprentices and trainees
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Candidates Employed
Over 15,000 apprentices and trainees trained and or employed through AiG ATC
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Employers Represented
Ai Group represents the interests of 60,000+ Employers nationally
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