BIG ISSUES
|
EMPLOYMENT
Mor
money
e
,
fewer hours
A new employment and
remuneration survey has
found technical professionals
in mining are optimistic about
their salaries and conditions.
MONIKA SARDER reports.
More than four-fifths of technical
professionals in the mining industry believe
insufficient investment in exploration may
cause a downturn in the industry, according
to the latest ausiMM employment and
remuneration survey.
the survey of 933 workers in september
2009 found graduate starting salaries were
lower overall compared with the previous
year, with 20 per cent of respondents
starting on an annual salary of $55,000 or
less compared with 16 per cent in 2008 and
15 per cent in 2007.
similarly, the number of graduates earning
$55,000 or more was 4 per cent lower than
in the 2008 and 2007 surveys.
the average base salary for respondents
was $167,000 (median $145,000), $8,000
higher than in the 2008 survey. the average
salary noted by 2009 survey respondents
a year ago was $161,300, $5,000 lower
than their current salary, supporting the
difference noted above between the 2009
and 2008 surveys. Image courtesy of Iluka Resources.
the trend in base salaries over the past
three years shows marginal changes, with
Workers Earning 2007 2008 2009
a slight decline in the share of respondents
earning more than $115,000 or less than
$75,000 or less 10.8% 8.8% 8.4%
$75,000. this decline is offset by a rise in $75,001 to $115,000 26.0% 21.7% 22.7%
the share of those respondents trending to
the middle between $75,000 and $115,000.
➧
More than $115,000 63.2% 69.6% 68.9%
MINING & TECHNOLOGY AUSTRALIA 2010 57
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