INTERNATIONAL COAL NEWS

Mining and engineering management gaining top dollar

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

Lou Caruana

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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.

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