Blockchain Developer Average Salary in New Zealand 2024
How much money does a person working as Blockchain Developer make in New Zealand?
LOW
41,100
NZD AVERAGE
87,300
NZD HIGH
138,000
NZD
A person working as Blockchain Developer in New Zealand typically earns around 87,300 NZD. Salaries range from 41,100 NZD (lowest) to 138,000 NZD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Blockchain Developer salaries in New Zealand vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Blockchain Developer Pay Scale and Salaries in New Zealand
Salary Structure and Pay Scale Comparison
82,200 NZD or more
72,200 to 82,200 NZD
50,300 NZD or less
50,300 to 72,200 NZD
 41,100 NZD |
82,800 NZD |
138,000 NZD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Blockchain Developer in New Zealand range from 41,100 NZD (starting salary) to 138,000 NZD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 82,800 NZD, half of the professionals who work as Blockchain Developer in New Zealand earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Blockchain Developer in New Zealand earn less than 67,100 NZD, while 75% earn more. Similarly, the chart shows that 75% earn less than 95,200 NZD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Blockchain Developer in New Zealand compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 50,300 NZD to 72,200 NZD. About 20% of salaries are below the 50,300 NZD mark, while 10% fall within the range of 72,200 NZD to 82,200 NZD. Only 5% of individuals have salaries exceeding 82,200 NZD.
Salary Comparison by Years of Experience / Blockchain Developer / New Zealand
How do experience and age affect pay?
| 0 - 2 Years | 47,400 NZD | |
| 2 - 5 Years | +38% | 65,300 NZD |
| 5 - 10 Years | +42% | 92,900 NZD |
| 10 - 15 Years | +22% | 113,000 NZD |
| 15 - 20 Years | +6% | 120,000 NZD |
| 20+ Years | +9% | 130,000 NZD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Blockchain Developer and this is what we found.
Employees with less than two years of experience earn approximately 47,400 NZD.
While someone with an experience level between two and five years is expected to earn 65,300 NZD, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 92,900 NZD, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 113,000 NZD, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 120,000 NZD, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 130,000 NZD, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Blockchain Developer / New Zealand
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Blockchain Developer.
| Certificate or Diploma | 56,600 NZD | |
| Bachelor's Degree | +58% | 89,500 NZD |
| Master's Degree | +39% | 124,000 NZD |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Blockchain Developer in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 56,600 NZD.
Level 2: Bachelor's Degree
At this level, the average salary becomes 89,500 NZD, 58% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 124,000 NZD, 39% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in New Zealand costs anywhere from 40,700 NZD to 122,000 NZD and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Blockchain Developer / New Zealand
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Blockchain Developer in New Zealand, the average difference between the salary of male and female employees is 5%.
| Male | 89,600 NZD | |
| Female | -5% | 85,200 NZD |
Salary Comparison By Gender in New Zealand for all Careers
Average Annual Salary Increment Percentage / Blockchain Developer / New Zealand
How much are annual salary increments in New Zealand for individuals working as Blockchain Developer? How often do employees get salary raises?
Individuals working as Blockchain Developer in New Zealand are likely to observe a salary increase of approximately 10% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
New Zealand / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Blockchain Developer / New Zealand
How much and how often are bonuses being awarded?
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41% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
| Received Bonus | 59% | |
| No Bonus | 41% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Blockchain Developer / New Zealand
42 NZD per hourThe average hourly wage (pay per hour) for individuals working as Blockchain Developer in New Zealand is 42 NZD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Blockchain Developer in New Zealand is 20 NZD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Information Technology |  -100% | |
| A/B Testing Specialist | 76,000 NZD | -13% |
| Applications System Specialist | 80,000 NZD | -8% |
| Artificial Intelligence / Machine Learning Analyst | 101,000 NZD |  +16% |
| Artificial Intelligence / Machine Learning Developer | 102,000 NZD | +17% |
| Artificial Intelligence / Machine Learning Ethics Officer | 117,000 NZD | +34% |
| Artificial Intelligence / Machine Learning Governance Specialist | 123,000 NZD | +41% |
| Artificial Intelligence / Machine Learning Implementation Officer | 132,000 NZD | +51% |
| Artificial Intelligence / Machine Learning Lead | 131,000 NZD | +50% |
| Artificial Intelligence / Machine Learning Officer | 136,000 NZD | +56% |
| Artificial Intelligence / Machine Learning Prompt Specialist | 86,600 NZD | -1% |
| Artificial Intelligence / Machine Learning Research Scientist | 128,000 NZD | +47% |
| Artificial Intelligence / Machine Learning Sales | 102,000 NZD | +17% |
| Artificial Intelligence / Machine Learning Software Engineer | 107,000 NZD | +23% |
| Artificial Intelligence / Machine Learning Strategist | 137,000 NZD | +57% |
| Artificial Intelligence / Machine Learning Trainer | 104,000 NZD | +19% |
| Artificial Intelligence and Machine Learning Specialist | 111,000 NZD | +27% |
| Artificial Intelligence Developer | 117,000 NZD | +34% |
| Blockchain Associate | 88,500 NZD | +1% |
| Blockchain Developer | 87,300 NZD | -0% |
| Blockchain Engineer | 96,600 NZD | +11% |
| ChatGPT Expert | 84,400 NZD | -3% |
| Computer Animator | 84,500 NZD | -3% |
| Computer Engineer | 76,100 NZD | -13% |
| Computer Hardware Engineer | 80,300 NZD | -8% |
| Computer Operator | 63,000 NZD | -28% |
| Computer Support Specialist | 71,100 NZD | -19% |
| Computer Technician | 76,500 NZD | -12% |
| Copy Editor | 78,000 NZD | -11% |
| Data Center Specialist | 96,700 NZD | +11% |
| Data Center Technician | 83,600 NZD | -4% |
| Data Visualization Specialist | 91,700 NZD | +5% |
| Deep Learning Developer | 93,900 NZD | +8% |
| Digital Ethics Consultant | 98,500 NZD | +13% |
| Documentation Specialist | 77,900 NZD | -11% |
| Ethical Hacker | 86,100 NZD | -1% |
| GIS Analyst | 85,700 NZD | -2% |
| Global BI Analyst | 103,000 NZD | +18% |
| Hardware Design Engineer | 89,100 NZD | +2% |
| Hardware Technician | 75,200 NZD | -14% |
| Help Desk Analyst | 85,200 NZD | -2% |
| Informatics Optimization Specialist | 91,000 NZD | +4% |
| Information Assurance Analyst | 93,100 NZD | +7% |
| Information Technology Infrastructure Engineer | 82,000 NZD | -6% |
| Information Technology Quality Specialist | 90,300 NZD | +3% |
| Information Technology Trainer | 95,500 NZD | +9% |
| Interface Designer | 76,400 NZD | -13% |
| Microsystems Engineer | 93,800 NZD | +7% |
| Mobile Interface Designer | 93,800 NZD | +7% |
| Neural Network Engineer | 105,000 NZD | +20% |
| Numerical Control Programmer | 79,500 NZD | -9% |
| Records Manager | 78,000 NZD | -11% |
| Robotic Process Automation Compliance Analyst | 84,800 NZD | -3% |
| Scrum Master | 76,700 NZD | -12% |
| Software Sales | 85,700 NZD | -2% |
| Software Specialist | 85,300 NZD | -2% |
| Software Tester | 82,800 NZD | -5% |
| Storage Engineer | 77,600 NZD | -11% |
| Systems Engineer | 78,600 NZD | -10% |
| Systems Integrator | 90,700 NZD | +4% |
| Technical Sales | 87,800 NZD | +1% |
| Technical Trainer | 97,600 NZD | +12% |
| Technical Writer | 81,600 NZD | -7% |
| Tester | 81,100 NZD | -7% |
| Usability Engineer | 92,800 NZD | +6% |
| User Experience Consultant | 94,000 NZD | +8% |
| User Experience Design Expert | 97,200 NZD | +11% |
| User Experience Researcher | 93,500 NZD | +7% |
| User Interface Designer | 89,700 NZD | +3% |
| Video Game Designer | 82,800 NZD | -5% |
| Virtual / Augmented Reality Architect | 113,000 NZD | +29% |
| Virtual / Augmented Reality Compliance Specialist | 116,000 NZD | +33% |
| Virtual / Augmented Reality Consultant | 125,000 NZD | +43% |
| Virtual / Augmented Reality Designer | 124,000 NZD | +42% |
| Virtual / Augmented Reality Developer | 104,000 NZD | +19% |
| Virtual / Augmented Reality Engineer | 107,000 NZD | +23% |
| Virtual / Augmented Reality Filmmaker | 130,000 NZD | +49% |
| Virtual / Augmented Reality Game Developer | 112,000 NZD | +28% |
| Virtual / Augmented Reality Marketing Specialist | 114,000 NZD | +31% |
| Virtual / Augmented Reality Officer | 126,000 NZD | +44% |
| Virtual / Augmented reality Sales Consultant | 129,000 NZD | +48% |
| Virtual / Augmented Reality Simulator Operator | 90,300 NZD | +3% |
| Virtual / Augmented Reality Specialist | 117,000 NZD | +34% |
| Virtual / Augmented Reality Technician | 95,500 NZD | +9% |
| Virtual / Augmented Reality Trainer | 120,000 NZD | +37% |
| Virtual / Augmented Reality User Experience Designer | 98,200 NZD | +12% |
| Visual Information Specialist | 84,800 NZD | -3% |
| Voice Interface Designer | 76,800 NZD | -12% |
| Writer and Documentor | 77,500 NZD | -11% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in New Zealand is 5% on average across all career fields.
| Private Sector | 94,900 NZD | |
| Public Sector | +5% | 99,900 NZD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Blockchain Developer in New Zealand?
A good and competitive compensation would range anywhere between 82,800 NZD and 95,200 NZD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Blockchain Developer in New Zealand ranges from 41,100 NZD to 67,100 NZD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
