Is your Pay on the up? Engineering salaries are on the increase, but the gender pay gap is still wide across the industry
Download the 2019 Engineer's Salary Survey Guide sponsored by CBSbutler to see if you are being afforded the correct pay:
Produced in partnership with The Engineer
. The latest findings from the survey across 11 different sectors, shows a significant increase in salaries despite economic and political uncertainty with Brexit. With 1,568 engineer's participating in this year's survey (a slight reduction to last year's numbers) we see a more positive picture; with salaries on the up, increased levels of job satisfaction, uplift in renewables and nuclear and a slight increase in the percentage of BAME entering the industry.
CBSbutler is once again delighted to be sponsoring the engineer's fifth industry Salary Survey. Robert Harper, Director at CBSbutler, comments on the latest findings from the Survey.
Last year was a fairly turbulent year; the uncertainty of Brexit has impacted the UK industries negatively with spending plans being cut, expansion in certain developments halted, mass job losses and several businesses going into administration. The potential warnings over leaving the customs union and European single market have never been so clear.
Although there remain concerns about the impact of Brexit on UK investment, employers are still seeking out talent to fill the ever-growing skills gap within the industry. With unemployment at an all-time low, the changing technological needs, AI and automation trends as well as the ever-present skills shortage means that we are still seeing healthy demand for talent within the Engineering sector.
This year's report reveals a more favourable outlook to the industry. Last year's pay stagnation is not as greater issue as it was last year, especially with a 10% increase in pay amongst a lot of our respondents. Things have definitely moved on.
Key Engineering Salary Survey Stats In 2019
- 1,568 responses
- Average age: 47.5
- Average salary: £51,253 up from £47, 896 in 2018 - YOY increase
- Highest paying Sector Energy, Renewables & Nuclear (58,695) up from 52,653 in 2018 and overtaking Oil & gas sector (£57, 167) for the first time
- Female respondents are paid on average £9k less than their male colleagues - a narrowing of the £13k gender pay gap reported in last year's survey
- 66.5% of respondents have seen their salary increase in the past 12 months
- 42percent of respondents are considering a change of job (up from 38.8 percent in 2018)
- Significant hardening in attitudes towards Brexit with 44 percent worried about the impact of Brexit on job security (up from a third of respondents in 2018) and 70 per cent of respondents concerned about impact of Brexit on industry in general (up from 61 per cent in 2019)
With the UK's engineering sector contributing to 19 percent of the UK total workforce; this report is regarded as the go to guide within the sector. With 1.23 trillion worth of revenue, it is vital that everyone in the industry candidly reviews the survey for a better understanding of where things are changing. The industry still generates over 23percent of the UK's total turnover, we need to ensure we are keeping up with global trends and developments by reducing the skills gap.
The results this year reveal:
- 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.
- And how engineers really feel about Brexit
Is the Industry Struggling to Change?
The findings of the survey show that we are still plagued with the same gender imbalance we saw back in the 2018 Engineer Salary Survey
. The industry still needs to change its attitudes and ideas towards gender and cultural diversity. With the average pay for women being 9K less than their male colleagues, there is still a long way to go.
The concerns about Brexit have also provoked big engineering employers to make a stand and be more vocal with their concerns as the potential impact of Brexit is still unknown for industry leaders. We can see from the survey a genuine concern over job security amongst this year's respondents, showing a rise from 37.1 percent to 44 percent. We have also seen a rise in the proportion of engineers concerned about the potential impact Brexit will have on the industry from 61.2 percent last year to 70.2 percent in 2019.
If the industry wants to thrive and compete outside of the European common market, 'hire right' initiatives need to be widespread across sectors. When statistics still reveal only 9.5 percent of respondents describe themselves as BAME (Black, Asian, Minority Ethnic) and 7.4% of respondents are female. These are minor increases which don't impact the industry enough.
Women are still being overlooked across the board, and still paid less than their male colleagues, with their average salary now £9K less (a slight improvement from 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 different outlook to the industry, yes there is still uncertainty surrounding the Brexit turmoil
, which has heightened fears over job losses and security; but salaries seem to be on the up. Companies are still hiring with many good examples of attraction and hiring practices where leadership programmes for women and succession plans around inclusion is now a priority for some industries.
Does Wellbeing at Work Matter?
The survey also highlights how important happiness is in the workplace, with mental health and wellbeing at the forefront of many workplace conversations, the highest paid workers are not necessarily the happiest. We find for a third year in a row that the academic sector (which is the lowest paid) is the happiest with an increase from 56.5 percent last year to 66.7 percent in 2019.
Last year saw a massive outreach programme 'Government's Year of the Engineer
' bringing business partners together who tried to encourage young people and their parents to take a closer look at engineering. School's offered taster and learning sessions around engineering which was a great way to introduce STEM subjects at
grass-root levels. One can only hope that the success of this campaign would encourage industries to continue to make engineering more accessible to young people in this way.
Let's hope for a more positive change in next year's Salary Survey.
Click the Link Below to Download the 2019 Engineering Salary Survey
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