WORKOUT Engineers’ pay rises twice inflation rate
AS the resources train takes the nation to prosperity, engineers are reaping the benefits. Booming infrastructure projects around the country have increased the demand for engineers, and this has raised their salaries to new levels.
The Australian situation reflects a global phenomenon of skills shortage in engineering areas.
Salaries for engineers have risen by about 6 per cent — at twice the inflation rate — says the latest survey on salaries released by the Association of Professional Engineers, Scientists and Managers Australia (APESMA).
Last year, the annual increase was 5.6 per cent.
‘‘ The research shows that engineers outside the major engineering disciplines recorded the highest average increase in base salaries of 6.9 per cent,’’ says APESMA executive director, industrial relations, Geoff Fary.
‘‘ Professional engineers located in the resource-rich states of Western Australia and Queensland are clearly in demand, recording the highest average annual increase in base salaries of 7.1 per cent and 6.2 per cent, respectively,’’ Fary says.
‘‘ It is estimated that in the next 10 years, more than $500 billion will be spent on infrastructure projects in Australia in the public and private sectors, in areas such as roads, rail, electricity, water and telecommunications, all of which will require significant engineering resources.’’