Engineer Salary Survey Trends you Need to know for 2018
Engineering offers graduates starting salaries of 18 per cent higher than elsewhere. Are you being offered the correct pay?
The Engineer’s 2018 salary survey:
Published in partnership with technical recruitment specialist CBSbutler
CBSbutler is delighted to once again be sponsoring the engineer’s 2018 Salary Survey. John Docherty FIRP, Client Development Director at CBSbutler, shares his insights into the latest edition of the Salary Survey, revealing some of the changing trends and attitudes within the industry and how much things have moved on since last year.
Key Stats In 2018
- 2,864 responses
- Average age: 45.8
- Average salary: £47, 896£48,197 = YOY decrease of 0.6%
- Highest paying Sector - Oil& gas sector (£53, 913), this is closely followed by Renewables / Nuclear (£52,653)
- Female respondents are paid on average £13k less than their male colleagues – a widening of the £10k gender pay gap reported in last year’s survey
- 8 % of respondents are considering a change of job (down from 45 per cent in 2017)
- More than 1/3 of respondents worried about the impact of Brexit on job security and 61% were concerned about its impact on the industry in general. This represents only a very slight hardening of attitudes since 2017 when 59.3 % said they were concerned.
With the UK’s engineering sector contributing to 19 per cent of the UK total workforce; it’s no wonder this report is regarded highly within its sectors. With a massive £1.23 trillion of revenue at stake, it is vital that we candidly review the survey with a better understanding to ensure growth and development within the industry. This year’s survey points to a widening gap between the salaries of the UK’s male and female engineers. With 2,864 engineers taking part in this year’s survey from 11 different sectors, the results show:
- Which industries and regions have the highest salaries,
- How large the gender imbalance within the profession is, and
- How satisfied respondents feel by their chosen career.
Industry Is Struggling to Change
The findings of the survey highlight the industry’s lack of change. We are still experiencing some of the same struggles that plagued the last salary survey, in 2017. The industry still needs to change its attitudes and ideas towards gender and cultural diversity, especially if the industry wants to thrive and compete outside of the European common market. Initiatives have been put in place to ‘hire right’, however, we still have a long way to go, especially when we read statistics that reveal only 8.1 per cent of respondents describe themselves as BAME (Black, Asian, Minority Ethnic) and 7.2% of respondents are female.
What is notably concerning, is that Women are overlooked across the board, especially at every level of seniority. Women are still on average paid less than their male colleagues, on average £13K lower. These statistics confirm that things haven’t shown any marked improvement on last year. Women are still struggling to feel inclusive to the profession and unless we encourage better role models and inclusivity to the Sector, then this will not be changing any time soon. There must be a better way to champion female Engineers.
This year’s survey shows a lack of activity, growth and development. The engineering industry is currently facing a period of uncertainty, the last 12 months have been surrounded by Brexit turmoil, which has only heightened fears over job losses and low salaries; nobody is quite sure what the real impact on future UK investments will be. So, it comes as no surprise, that the average salary for an engineer has remained static without any increase from last year, averaging around £47, 896, a 0.6 per cent decrease.
The highest paid sector still remains in Oil and Gas, at £53,913 as an average salary, with renewed optimism in the North Sea area, a number of recruitment initiatives have kick-started the hiring process in areas like cybersecurity and automation and process controls. This year with the oil prices rising to $60, we finally see a positive sign for the industry who has suffered depressed periods for some time. The survey also highlights how important happiness is in the workplace, with the happiest workers appearing to be in the academic sector.
Along with a lack of real diversity, major investments and initiatives for young people need to be in place. Campaigns like the ‘Government’s Year of the Engineer’ have had a positive impact on the industry, tackling the engineering skills gap and aiming to widen the pool of young people who join the profession. We finally see a national outreach programme that is working with hundreds of business partners who are trying to encourage young people and their parents to take a closer look at engineering. One can hope that this will encourage industries to inspire the next generation of engineers and bring positive change in next year’s Salary Survey.
Click the Link Below to Download the 2018 Engineering Salary Survey
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