Every year, Michael Page surveys employers across Australia to gather their views on current and future hiring trends. This year we spoke to more than 2,700 clients from all the major industry sectors to compile in-depth reports on salaries and recruitment.
The report also draws on our own industry specialists, expert commentary and detailed salary guides. Here’s the lowdown on just some of what’s happening in engineering and manufacturing:
- State of the sector; Australia has seen five years of volatile demand for engineers, with domestic supply increasing while the mining and resources boom shifts into operation phase
- Sector confidence; sentiment in the industries are mixed, with a 34% fair, 28% good and 24% rating among our surveyed clients. This is reflected in the number of employers expecting to grow their teams this year, with 51% in engineering and 57% in manufacturing saying this won’t happen
- Industry strengths; some areas maintain strong hiring sentiment, particularly as businesses move toward technologically advanced production and products that add high value
- Remuneration trends: there is good news for those already in employment in the manufacturing sector, as 75% of employers expect their direct employees to receive salary increases.
- Engineering salaries have largely remained stable; currently, a graduate engineer can expect a starting salary of $60k, while a structural engineer will range from $80-120k and an operations director can earn upwards of $250k
Download the full Michael Page Engineering & Manufacturing Salary & Employment Outlook today to find out more.