AusIMM Remuneration Survey 2014

Transcription

1 AusIMM Remuneration Survey 2014 November 2014 Insightrix Research Pty Ltd Firebrace Street Horsham, VIC 3400 T: (03)

2 Table of contents Background and methodology 3 Member respondent profile 4 Level of responsibility 9 Work hours 14 Salary and incentive 19

3 Background and methodology In 2014 The AusIMM conducted a survey of its members and contracted Insightrix Research (Insightrix) to conduct an analysis and build a report of survey results. Goals of the analysis included: comparing 2014 survey results with those from previous years to identify trends. analysing results by various demographic variables to highlight similarities and differences. The AusIMM provided Insightrix with the 2014 survey data in Excel which Insightrix converted into SPSS format in order for cross-tabulations to be conducted. Further, results from previous reports were provided to Insightrix so that they could compare and track survey results through time. In addition, because question base sizes (those answering each question) could not be tracked for all data they are not included in the analysis. Insightrix Research Pty Ltd Firebrace Street Horsham, VIC 3400 T: (03) info@.com 3

4 Member respondent profile

5 Respondent location Where do you reside? Australia 81.7% New Zealand Papua New Guinea 2.5% 0.3% Rest of World 15.5% 31.7% 20.7% 12.5% 8.7% 5.3% 1.5% 0.7% 0.6% Western Australia Queensland New South Wales Victoria South Australia Tasmania Northern Territory Australian Capital Territory Q. Where do you reside? 5

6 Age and gender Age range Gender 24.4% 22.7% 21.8% Female, 17.6% 0.7% 14.0% 12.2% 4.1% Male, 82.4% 20 or under 20 to to to to to and over Q. What is your age range? Q. What is your gender? 6

7 Core discipline and commodity sector Core professional discipline 2014 Count % Geoscience Mining Engineering Metallurgy/Materials/Chemical Engineering Management Geotechnical/Geological Engineering Environmental Engineering/Science Environment Law and Finance Community Health and Safety Human Resources Communication/Marketing Other TOTAL Metalliferous Gold Across commodities Coal Heavy Minerals Uranium Extractive Oil and Gas Other Commodity sector associated with 32.4% 19.4% 18.8% 16.6% 2.1% 1.4% 1.4% 0.6% 7.3% Q. What is your core professional discipline? Q. What commodity sector are you predominantly associated with? 7

8 Years in industry and employment type Years worked in the minerals and mining industry 2.0% 7.4% 14.4% 25.1% 22.5% 17.0% 9.5% 2.2% less than 1 year 1 to 4 5 to 9 10 to more than 50 Q. How many years have you worked in the minerals and mining industry? years 78.5% Current employment type 10.8% 4.1% 6.5% Permanent employee Contractor Casual or Temporary employee Other Q. What is the basis of your current employment? 8

9 Level of responsibility

10 Responsibility level Current responsibility level 33.8% 34.3% 19.5% 3.8% 8.0% Level 1 Level 2 Level 3 Level 4 Level 5 LEVEL 1 - Graduate commencement level. Professional tasks of limited scope and complexity, such as minor phases of broader assignments, in office, plant, field or laboratory work. LEVEL 2 - Following development through Level 1 is an experienced professional who plans and conducts professional work without detailed supervision, but with guidance on unusual features; and who is usually engaged on more responsible assignments requiring substantial professional experience. LEVEL 3 - A professional performing duties requiring the application of mature professional knowledge. LEVEL 4 - A professional required to perform work involving considerable independence in approach, demanding a considerable degree of originality, ingenuity and judgment, and knowledge of more than one field, or expertise (for example, acts as their organisation s technical reference authority) in a particular field. LEVEL 5 - A professional usually responsible for an administrative function, directing several professional and other groups engaged in inter-related responsibilities, or as a consultant. Achieving recognition as an authority in a field of major importance to the organisation. 10

11 3.2% 3.7% 2.3% 3.8% 7.3% 6.2% 5.6% 6.5% 5.0% 8.5% 7.7% 8.0% 12.9% 18.9% 20.0% 19.1% 17.7% 19.5% 30.4% 32.8% 36.6% 35.0% 33.4% 35.3% 33.8% 35.7% 36.1% 34.3% 40.4% 39.6% Responsibility level-trended Responsibility level Level 1 Level 2 Level 3 Level 4 Level 5 LEVEL 1 - Graduate commencement level. Professional tasks of limited scope and complexity, such as minor phases of broader assignments, in office, plant, field or laboratory work. LEVEL 2 - Following development through Level 1 is an experienced professional who plans and conducts professional work without detailed supervision, but with guidance on unusual features; and who is usually engaged on more responsible assignments requiring substantial professional experience. LEVEL 3 - A professional performing duties requiring the application of mature professional knowledge. LEVEL 4 - A professional required to perform work involving considerable independence in approach, demanding a considerable degree of originality, ingenuity and judgment, and knowledge of more than one field, or expertise (for example, acts as their organisation s technical reference authority) in a particular field. LEVEL 5 - A professional usually responsible for an administrative function, directing several professional and other groups engaged in inter-related responsibilities, or as a consultant. Achieving recognition as an authority in a field of major importance to the organisation. 11

12 Responsibility level by gender Q. Using the descriptions below, what is the level of responsibility for the job you currently hold, or most recently held? *Results are based on 586 responses from women (17.6% of respondents) and 2,746 responses from men (82.4%) in LEVEL 1 - Graduate commencement level. Professional tasks of limited scope and complexity, such as minor phases of broader assignments, in office, plant, field or laboratory work. LEVEL 2 - Following development through Level 1 is an experienced professional who plans and conducts professional work without detailed supervision, but with guidance on unusual features; and who is usually engaged on more responsible assignments requiring substantial professional experience. LEVEL 3 - A professional performing duties requiring the application of mature professional knowledge. LEVEL 4 - A professional required to perform work involving considerable independence in approach, demanding a considerable degree of originality, ingenuity and judgment, and knowledge of more than one field, or expertise (for example, acts as their organisation s technical reference authority) in a particular field. LEVEL 5 - A professional usually responsible for an administrative function, directing several professional and other groups engaged in inter-related responsibilities, or as a consultant. Achieving recognition as an authority in a field of major importance to the organisation. 12

13 Change in responsibility by gender Q. Has your role changed grade/level compared to one year ago? 13

14 Work hours

15 Work hours cross-tabulations Average weekly hours worked by gender (per person)* July 2012 July 2013 July 2014 Male Female Total Male Female Total Male Female Total Average hours per week (per person) Employed, Full-time Employed, Part-time Average weekly working hours, all employed (per person) All employed % share of respondents for each category Happy with current hours Desire more hours Desire less hours Q. How many hours on average do you work? *Converted to weekly hours. Q. Are you happy with the number of hours you work? 15

16 Full-time/part-time hour proportions by gender 2014 Full-time/Part-time breakdown by gender Male (%) Female (%) Average all respondents (%) Full-time Part-time

17 Average weekly work hours by location Weekly hours by location- 2014* Weekly hours by location Rest of World Rest of World New Zealand Australia New Zealand Australia Average weekly hours, all employed Part-time Average weekly hours, all employed Part-time Weekly hours by location Rest of World New Zealand Australia Average weekly hours, all employed Part-time Q. How many hours on average do you work? *Converted to weekly hours and are reported per person. 17

18 Average weekly work hours by discipline Average weekly hours by discipline- 2014* Average weekly hours by discipline Geoscience Management Engineering Met/Mat/Chem Engineering Community and Enviro Other Geoscience 52.6 Management 48.7 Engineering 50.0 Met/Mat/Chem Engineering 46.2 Community and Enviro 46.5 Other Average weekly hours by discipline Geoscience Management Engineering Met/Mat/Chem Engineering Community and Enviro Other Average weekly hours, all employed Part-time Full-time Q. How many hours on average do you work? *Converted to weekly hours and are reported per person. 18

19 Salary and incentive

20 8.4% 6.5% 4.4% 12.4% 17.1% 13.0% 17.7% 22.7% 31.6% 37.3% 35.7% 31.5% 29.0% 40.7% 40.9% 50.7% Gross annual salary-trended Trended gross annual salary $75,000 or less $75,001 to $115,000 $115,001 to $175,000 Greater than $175,000 Q. What is your approximate annual gross salary (or equivalent if you are not a salaried worker), excluding allowances, superannuation and performance pay and before any salary sacrifice? 20

21 Average annual salary by responsibility level and gender (a) Average annual salary by level and gender Level 1 Level 2 Level 3 Level 4 Level 5 Male $79,633 $105,007 $139,998 $172,127 $207,104 Female $83,714 $104,108 $119,544 $136,008 $181,255 % difference (gender gap) survey (% gap) survey (% gap) Average hourly salary by level and gender Level 1 Level 2 Level 3 Level 4 Level 5 Male $31.45 $41.45 $55.23 $70.0 $81.8 Female $32.52 $40.45 $46.44 $52.84 $70.4 % difference (gender gap) survey (% gap) survey (% gap) Count of males/females by level, 2014 Male Female Level Level Level Level Level Q. What is your approximate annual gross salary (or equivalent if you are not a salaried worker), excluding allowances, superannuation and performance pay and before any salary sacrifice? *Outlier salaries above $5 million and below $3,000 were removed (n=70 salaries removed) in

22 Average annual salary by responsibility level and gender (b) 22

23 Average salary cross-tabulations Average annual salary per person by work hours Full-time Part-time All respondents $186,096 $111,497 $164,052 Average annual salary per person by gender and work hours Male Female Full-time Part-time Full-time Part-time $179,376 $108,626 $134,924 $91,025 % Pay gap Average annual salary by gender and location Male Female Australia New Zealand Rest of World Australia New Zealand $177,097 $125,364 $153,716 $126,949 $96,500 Average annual salary by working arrangements Permanent Contractor Casual/Temporary Other $175,651 $141,099 $97,759 $129,487 23

24 Further average salary cross-tabulations Average salary levels per person Gender Region Male Female Australia New Zealand Papua New Guinea Rest of World $182,887 $131,118 $167,506 $130,812 $302,812 $151,253 Geoscience Management Engineering Professional discipline Met/Mat/Chem Engineering Community/ Enviro Other $143,365 $245,367 $173,496 $171,738 $136,031 $142,164 Commodity Across Commodities Coal Extractive Gold Heavy minerals Metalliferous Oil and Gas Uranium Other $179,988 $176,153 $152,047 $172,462 $183,398 $172,439 $334,467 $156,529 $155,766 24

25 Performance-based incentives trended Performance-based incentives 53.6% 54.8% 58.9% 45.6% Salary is subject to performance-based incentives Q. Is your salary subject to performance-based incentives? Maximum percentage of base salary as a performancebased incentive (%) Percentage reasonably expected to achieve (%) Q. What is the maximum percentage of your base salary offered as a performance-based incentive? Q. What percentage do you reasonably expect to achieve? 25

26 Additional bonuses trended Additional bonuses 59.3% 33.1% 33.3% 31.1% Receive additional bonuses Q. Do you receive bonuses other than the already mentioned performance based incentives? Monetary value of additional bonus 2010 (%) 2014 (%) Less than $1, $1,000 $4, $5,000 $9, $10,000 $24, $25,000 $49, $50,000 or greater Q. What was the monetary value of the bonuses you received in the last full tax year ( )? 26