New Pay Rise for Mine Workers - iMINCO Mining Training Information

New Pay Rise for Mine Workers

Resource & mining employers cut pay-rises

Pay Rise for Mine Workers

More employees in the mining and resources sector will get a pay rise this year compared to last.

How big is the pay rise?

About 88 per cent of mining, resources, energy, oil and gas industry employers will benefit from higher salaries in their next review, according to the 2019/2020 financial year Hays salary guide.

The pay rise is only in the single figure range, somewhere around the six per cent mark.

A tug of war over mining salaries

“The aggregate effect of several years of sedate salary increases is taking its toll and we’re now seeing a tug of war over salaries,” Hays Resources and Mining regional director Chris Kent said.

“On the one hand, we have professionals telling us they’ve prioritised a pay rise and are prepared to enter the job market to improve their earnings.

“On the other, employers tell us they want to add to their headcount and are being impacted by skill shortages, yet they plan to curtail salary increases for now because they don’t want to pay the soaring salaries that we saw during the last boom.”

Western Australia mine workers to see the biggest pay hikes

Despite the salary outlook, staffing demand and salaries will continue to rise in Western Australia where the mining industry is at the centre of skill shortages.

Mining and resources employers who compete with other industries for talent will also attract candidates with pay, particularly for the roles of quarry workers in Victoria, and boilermakers and dump truck operators in Queensland.

A high demand for exploration geologists and field assistants will drive a salary hike for those with underground experience.

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