MARKETS

Mining and engineering management gaining top dollar

Engineering management roles averaged $133,264 while mining resources and energy roles averaged $...

Lou Caruana
Mining and engineering management gaining top dollar

Engineering management roles averaged $133,264 while mining resources and energy roles averaged $130,628.

Seek spokeswoman Kendra Banks said high salaries across mining management reflected recent improvements in mining conditions and the pick-up of exploration activity by mining companies as they aimed to maintain production levels after having cut back on expenditure over a couple of years.

“These management roles directly support the growth and prosperity of our nation, and professionals in these positions are being highly remunerated to manage and build teams to deliver the needs of businesses,” she said.

“Improved demand from infrastructure projects and residential construction on the eastern seaboard, as well as some turnaround in mining investments, are other likely drivers of high salaries for managers in the engineering industry.”

Across Australia, the average advertised annual salary on Seek during FY17 was $81,747, up 1.8% year on year.

“This period of decline predominately reflected the downtrend in advertised salaries on Seek in Western Australia and Queensland, in turn driven by much weaker salaries being advertised in mining, resources and energy and other associated sectors, that is engineering and construction,” Banks said.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production