Top Talent Remuneration: Engineering

Top Talent Remuneration: Engineering

Top Talent Remuneration: Engineering

 

We are moving right along in our salary series for our key specialisations! This week, we are focusing on the design and engineering sector. This industry has experienced growth over the past 12 months with new projects but also due to earthquake damage across a few centres in New Zealand.

 

It is important to note that these are purely my points of view based on discussions with clients and candidates. There is no science to it, but we do have a reasonable handle on what you need to pay to secure a top candidate.

 

I have broken it down into different roles and then with comments around slightly different sectors, sub-industries and locations:

 

 

 

Tier 1 national consultancy

Tier 2 local consultancy

Multi-disciplinary firm / consultancy

In house/client side

 Graduate Engineer

$50-65k

$45-60k

$45-60k

$50-65k

 Electrical Engineer

$70-135k

$65-125k

$70-135k

$70-120k

 Mechanical Engineer

$70-150k

$70-130k

$70-130k

$70-100k

 Geotechnical Engineer

$70-125k

$70-120k

$45-100k

$45-90k

 Process Engineer

$75-150k

$75-140k

$75-135k

$75-150k

 Civil Engineer

$75-160k

$70-140k

$75-150k

$80-160k

 Structural Engineer

$70-130k

$70-130k

$70-130k

$80-180k

 Project Engineer

$70-160k

$70-140k

$70-150k

$70-160k

 Engineering Manager

$100-180k

$100-160k

$100-170k

$110-180k

 Director / General Manager

$150-335k

$150-275k

$150-350k

$150-250k

 

  

A few further comments on the above:

 

  • Vehicles are not generally a part of an Engineers package
  • Professional membership costs and registration are now standard benefits
  • Share options are becoming more prevalent, along with sign-on bonuses for some firms.
  • Flexible and remote working along with part-time work options is a growing trend in job offers
  • This is focused on the Wellington employment market, however, add $10K-$30K for Auckland, based on the firm and location in Auckland
  • Job titles can be confusing between companies, generally, the pay is related to skill level and engineering discipline
  • Candidates are in short supply, for this reason, there are spikes in salary potential for certain engineering disciplines

Remember, each case is different and this is only a guide! My thoughts may not be 100% correct and may be skewed towards what the top candidates want as that is who we are talking to.

I’d love to hear your thoughts as either an employee or employer and if this stacks up in your experience?

 




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Daniel Gallen

As Principal Consultant, Daniel enjoys forming long term relationships with a range of clients and helping their business grow. He started his career in telecommunications, before transitioning to recruitment; totalling nine years of experience with strong networks. When he gets a chance, Dan enjoys spending time at the bach in Taupo and going trout fishing or occasionally taking part in the odd track day as he has a passion for motorsport.

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