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Postgraduate Certificate/Diploma - 5%
Doctorate - 3%
Change in Remuneration of IPENZ Members by Highest Engineering Qualification Change in Remuneration of IPENZ Members by
Qualification 2012 Base Salary Percentage Change from Highest Engineering Qualifications
2011 Members with a Masters Degree had a zero per cent
Diploma of Engineering $89,000 7% increase in base salary when compared to 2011 results,
Bachelor of Engineering T echnology $88,000 9% while those with a Bachelor of Engineering Technology
Bachelor of Engineering $85,000 4% had a nine per cent increase; the highest percentage
Postgraduate Certificate/Diploma $100,000 3% increase of all the qualifications. The most notable change
Masters Degree $90,000 0% is the 17 per cent decrease for those with a Doctorate.
Doctorate $103,000 -17%
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Base Salary and Total Remuneration for IPENZ Members by Highest Engineering Qualification
The tables and graphs below show the median base salary and total remuneration for full time employees by career stage and highest engineering
qualification.
As with previous years, the survey results suggest there is a financial benefit accruing from higher level education. The median base salary of
respondents with a Doctorate was $18,000 higher than those with a Bachelor degree as their highest qualification. While a difference in remuneration is
not apparent at early career stages one appears to emerge at Technical Management and General Management level.
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Base Salary of IPENZ Members by Highest Engineering Qualification
$260,000
$240,000
$220,000
$180,000
Bachelor of Engineering Technology or
$160,000 Equiv. (Sydney Accord)
Base
Salary Bachelor of Engineering or Equiv.
$140,000
(Washington Accord)
$120,000 Postgraduate Certificate/Diploma
$100,000
Masters Degree
$80,000
$60,000 Doctorate
$40,000
$20,000
$-
Graduate Total Independent Team Leader Total Technical Manager General Manager
Practice Total Total Total
Career Stage
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Total Remuneration of IPENZ Members by Highest Engineering Qualification
Career Stage Total Total Median Diploma of Bachelor of Bachelor of Postgraduate Masters Degree Doctorate Lower Quartile Upper Quartile
Sample (All Engineering Engineering Engineering or Certificate/ (All (All
Size Qualifications (Dublin Accord) Technology or Equiv. Diploma Qualifications) Qualifications)
Equiv. (Sydney (Washington
Accord) Accord)
Graduate Total 544 $59,650 32 $53,900 27 $61,200 392 $59,000 18 $61,000 75 $60,200 $53,325 $67,781
Independent Practice - Local Scope 313 $82,450 21 $85,200 14 $85,000 207 $82,000 20 $94,263 51 $81,400 $72,000 $97,000
Independent Practice - National Scope 199 $95,000 9 $89,000 11 $92,300 116 $95,670 13 $97,000 41 $90,200 9 $87,858 $83,500 $112,000
Independent Practice - International Scope 63 $100,250 39 $100,000 17 $90,400 7 $124,000 $82,017 $136,975
Independent Practice Total 724 $87,929 41 $89,000 30 $86,800 450 $87,681 41 $92,000 136 $87,650 26 $89,750 $75,500 $105,376
Team Leader 1 296 $109,330 25 $101,500 18 $100,000 172 $111,500 11 $125,000 62 $107,450 8 $115,300 $94,500 $125,000
Team Leader 2 54 $121,750 10 $127,302 26 $129,800 18 $116,000 $110,125 $140,875
Team Leader Total 423 $111,500 30 $105,750 31 $106,400 244 $112,500 15 $126,800 89 $111,000 14 $115,223 $95,600 $130,000
Technical Manager - Less than 10 132 $141,000 12 $142,900 73 $149,060 12 $112,950 27 $137,000 8 $169,250 $118,000 $169,500
Technical Manager - 10-30 83 $155,000 8 $166,196 48 $161,550 6 $132,250 12 $143,500 9 $180,500 $135,250 $195,430
Technical Manager - More than 30 28 $170,000 20 $179,500 8 $156,000 $150,000 $230,500
Technical Manager Total 299 $149,500 24 $142,900 15 $129,550 167 $152,500 21 $122,000 53 $147,000 19 $180,000 $122,000 $183,425
General Manager - Less than 30 74 $170,000 55 $178,300 6 $120,250 13 $170,000 $140,500 $234,300
General Manager - 30-100 24 $203,875 24 $220,460 $172,325 $292,800
General Manager - More than 100 29 $232,000 21 $228,500 8 $242,850 $209,000 $282,500
General Manager Total 185 $198,750 8 $162,000 6 $177,994 119 $205,000 14 $177,750 30 $190,000 8 $263,950 $152,000 $263,000
Overall Median by Individual Qualifications 2178 $94,700 135 $95,000 109 $96,000 1372 $91,900 109 $105,000 383 $99,000 70 $122,750
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Total Remuneration of IPENZ Members by Highest Engineering Qualification
$280,000
$260,000
$240,000
$220,000
Diploma of Engineering (Dublin
$200,000 Accord)
$60,000
$40,000
$20,000
$-
Graduate Total Independent Practice Team Leader Total Technical Manager Total General Manager Total
Total
Career Stage
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