REMUNERATION SURVEY 2017 SNAPSHOT

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Transcription:

REMUNERATION SURVEY 2017 SNAPSHOT

THIS YEAR, MORE THAN 3,100 MEMBERS FILLED IN OUR SURVEY

STEADY AS WE GO While salaries are relatively static, with graduate salaries the same as last year and team leaders up 1.3 percent, engineers are switching jobs more than ever and getting more non-salary perks. More than 20 percent of respondents changed jobs in the past year, significantly up from 15 percent two years ago. This year, 67 per cent of engineers received some kind of non-cash benefit, with health insurance growing in popularity while cars and car parks decreased. Also growing is the other category, which includes a diverse array of insurances, mobile phones and wellbeing-related benefits. This snapshot shows some headline results broken down into five career stages: Graduate, Independent practice, Team leader, Technical and General. While the proportion of female respondents increased to 16.5 per cent, there is a gender pay gap at every career stage except Graduate, as Figure 4 illustrates. Members can download a detailed results spreadsheet at www.engineeringnz.org, where you ll also find information on how to purchase the results if you aren t a member. MARKET INTELLIGENCE The higher uplift in salaries at the lower and mid ranges we saw from 2014 to 2016 has slowed a little over the past year. Demand remains strong, including for international talent, driven by skill shortages in building services, structural, water and transport engineering, architecture, construction and civil infrastructure. Other salary and remuneration indicators are consistent with the results we re seeing in the Engineering New Zealand Remuneration Survey. General confidence in the engineering and construction economy remains high, with employers willing to invest in creating new positions as required. Although levels of remuneration across the country for similar positions are comparable, employers in Auckland and other growth regions are becoming increasingly more innovative in offering flexible working conditions, bonuses (including sign on) and other non-salary benefits (like temporary accommodation or use of a vehicle) to attract and retain staff.

RESPONDENTS EARN A MEDIAN $4,900 ON TOP OF THEIR BASE SALARY $92K MEDIAN BASE SALARY OF ENGINEERS WORKING FULL TIME MEDIAN BASE SALARY, FULL TIME ENGINEERS $74K $95K PROPORTION OF GENERAL MANAGERS 3.4% 96.6%

CHURN KEEPS GROWING 20.8% CHANGED JOBS IN THE PAST YEAR UP FROM 19.4% LAST YEAR (AND 15% IN 2015) RESPONDENTS ARE BASED IN 3.1% RURAL 25.4% TOWN 71.5% CITY 16.5% OF RESPONDENTS ARE WOMEN UP FROM 14.7% LAST YEAR

HOW MUCH DO ENGINEERS EARN AT DIFFERENT CAREER STAGES? Figure 1: Proportion of respondents in each career stage. Graduate Independent practice Team leader Technical General Figure 2: Median full-time base salary $200,000 $180,000 $160,000 $140,000 $120,000 $80,000 $60,000 $40,000 $20,000 Graduate Independent practice Team leader Technical General

Figure 3: Median base salary and total remuneration for each career stage $250,000 $200,000 $150,000 $50,000 Graduate Independent practice Team leader Technical General Median base salary Total remuneration IS THERE A DIFFERENCE BETWEEN WHAT MEN AND WOMEN ARE PAID? Figure 4: Median base salary by gender $250,000 The size of the circle shows how many women and men are at each career stage. The centre of the circle shows the median base salary for that gender. $200,000 $150,000 At one career stage Graduate women have a higher median base salary than men. There were not enough women General s to include female salary data for this category. $50,000 All career stages Graduate Independent practice Team leader Technical General Male base salary Female base salary

Figure 5: Qualifications by gender 70% 60% 50% 40% 30% 20% 10% 0% DipEng (Dublin Accord) BETech (Sydney Accord) BEng (Washington Accord) PostCer or Dip Master's degree Doctorate Others Proportion of men Proportion of women DOES FIRM SIZE MAKE A DIFFERENCE? Figure 6: Median base salary by firm size $105,000 $95,000 $90,000 $85,000 $80,000 $75,000 1 4 5 9 10 19 20 49 50 99 100 199 200 299 300 399 400 499 500 599 600+ FIRM SIZE

REGISTRATION, CHARTERED MEMBERSHIP AND SALARY Figure 7: Median base salary for Chartered Professional Engineers, Chartered Members of Engineering New Zealand and engineers not working towards any registration or assessed membership $250,000 $200,000 $150,000 $50,000 Independent practice Team leader Technical General PERKS CPEng CMEngNZ Not registered Figure 8: Non-cash benefits 40% 35% 30% 25% 20% 15% 10% 5% 0% None Health insurance Car Carpark More than four weeks annual leave Other 2017 2016

SALARY BY FIELD Figure 9: Median salary by engineering field $160,000 $140,000 WHERE ARE ENGINEERS BASED? Figure 10: Location of respondents $120,000 $80,000 $60,000 $40,000 $20,000 Aerospace Building services Chemical Civil Electrical Environmental Fire Geotechnical Industrial Information Management Mechanical Petroleum Auckland Canterbury Wellington Waikato Bay of Plenty Structural Transportation Otago-Southland Hawke s Bay, Gisborne, Northland Tasman, Nelson, Marlborough, West Coast Taranaki Manawatu, Whanganui

WHERE DO ENGINEERS EARN THE MOST? Figure 11: Median base salary by location $120,000 $80,000 $60,000 $40,000 $20,000 Auckland Canterbury Wellington Rest of North Island Rest of South Island WHAT TYPE OF WORK PAYS THE MOST? Figure 12: Median base salary by work type $160,000 $140,000 $120,000 $80,000 $60,000 $40,000 $20,000 General management Project, contract management Asset management Research and development Other Governance Manufacturing, production, processing Planning and design Teaching, training

www.engineeringnz.org