Your search ends here!
The Professional Engineers Employment and Remuneration report contains the most comprehensive and up to date information on an engineer’s pay available in Australia.
There are two versions of the report; a free to download summary and a paid full-version.
In the summary version, you will find sections that indicate trends such as pay, employment conditions, workplace issues, and more over the last 12 months.
In addition to the summary, the full report contains an in-depth analysis of engineer pay based on discipline, experience, and function to mention but a few over the same period.
Before you dive in, here are 3 things we learnt:
Salaries across the profession rose by an average of 2.4%, outperforming both the Wage Price Index (2.3%) and Consumer Price Index (1.3%) as of March 2019.
In simple terms, engineers received a real wage increase in 2019 – despite the ongoing commentary about low wage growth in Australia. This points to a developing demand and recognition of engineering skill and expertise.
However, engineers in the public sector might have cause for concern. Public sector wage growth is reported at an average of 2.2%, outperformed by the private sector at 2.5%.
Because of the Federal Government’s cap on wage increases for public servants, private sector engineer wages are likely to continue outperforming their contemporaries in the public sector until the cap is removed.
Governments both at state and federal level risk losing engineering skill, experience and expertise unless public sector wages keep pace with the private sector.
The value of an accredited engineer is reflected in their salary. Across all levels, we found that engineers who hold accreditation such as RPEng earn nearly 26% more than their non-accredited counterparts.
When systems are left unchecked, organisations risk dodgy operators on their projects, and issues arise like those at Opal or Mascot Towers in NSW.
To mitigate that risk, businesses and some governments like Queensland and Victoria, look to accreditation schemes. These schemes ensure that skilled and qualified engineers are providing engineering services. By gaining accreditation, you are recognised as an expert in your field who provides a high standard of practice, and a high level of engineering capability.
Have you worked as a professional engineer for 5 years or more? You could be eligible for accreditation under RPEng.
What motivates you to remain in your current job? Perhaps you stay because your job is secure, you’re paid well, or for the perks like flexible working hours?
On the other hand, do you might want to leave your current employer? These are top three reasons that engineers stated for leaving their current job:
- Searching of a pay increase;
- Pursuing professional development opportunities; and
- Looking for a change of workplace culture.
Do any of the above resonate with you?
You can study these points and many more in detail when you download your copy of the 2019 Professional Engineers Employment and Remuneration Report.
This is a valuable document to have on-hand to assist you in assessing current industry trends in pay and working conditions to make an informed decision for you career.
Don’t wait get your copy now!