Engineering salary growth drops amid political uncertainty
IMechE | January 10, 2019
Engineering salary growth slowed down significantly in 2018, with an increase in advertised pay of only 0.1%. The slowdown is likely to be a natural pause after two consecutive years of 4.2% growth rather than any long-term stagnation, however, recruitment and engineering experts told Professional Engineering.
Engineering’s poor growth was the second lowest for sectors covered by the 2019 Reed salary guides. Procurement and supply-chain jobs, which also have a direct impact on engineering companies, saw no salary growth. Advertised salaries for accountancy and finance, on the other hand, increased by 1.8%, and the wider technology sector saw a 1.4% increase.