All Energy 2019storage.rdbk.com.au.s3-ap-southeast-2.amazonaws.com... · 2019. 11. 26. · All Energy 2019 Meeting the booming demand for large scale renewable construction projects

All Energy 2019

Meeting the booming

demand for large scale

renewable construction

projects by assessing the

skills, training and knowledge

transfer needs

Presented by:

Scott Robinson, MD Phillip Riley October 2019

Discussion

All Energy 2019

1. Accessing the skills to deliver

renewable energy construction

projects:

From Development to Operational

Focus on Construction skills and

remuneration

2. Review PRs 2018-2019

Renewable Energy Salary

Survey

Executive Summary :

Development, Finance,

Engineering & Construction, Asset

Management, C&I, Corporate

Support & Executive

3. FAQs

Attraction : Availability and size of

Talent Pool

Retention: What keeps Talent

engaged

https://www.phillipriley.com.au/renewable-energy-salary-survey/

1. The Skills required to

deliver renewable energy

projects

5 PRACTICE AREAS

Development (Site Acquisition to Financial Close)

Project Finance (Debt, Equity, Funds & Advisory)

Construction (Procurement, Delivery, Commissioning)

Asset Management (Technical & Financial)

Behind the Meter (Commercial Solar, Energy Efficiency & Energy

Technology)

Functionally we also cover all engineering disciplines that sit across

these project stages

CLIENTS

Renewable Energy Generation Manufacturers (Wind, Hydro, Solar

PV, Solar Thermal, Bioenergy, Wave, Tidal)

Owners, Developers, IPPs

Investors, Advisors, Professional Services

Engineer Procure Construction (EPCs), BoP Contractors

Engineering Consultancies

3rd Party Asset Managers

Transmission, Distribution & Energy Retail companies

Government (Local, State, Federal)

Industry Associations & Not-For-Profit Sectors.


Renewable Energy Standard Organisational

Chart



Renewable Energy Salary Survey 2018-2019 : Executive Summary

400+ Respondents via a mix of Survey Q&A, Phone & Face to Face conversations

Final PR Leader review

An approximate split between male and female participants

Most respondents expect increases to their salary packages into 2020


Development

9.7%had an

increase of more than 10%

36%respondents still did not receive a salary increase

Career progressionwas listed as the main reason for considering

a new role

Grid connections engineers had more benefits than other roles, including long

term incentives

Finance

75%of respondents received some

form of salary increase

25%received 5-10%

increase in 2018

This vertical on average received

both STI & LTI

Construction & Engineering

10%of respondents received more than 10% increase

in salary packages

Whilst more people in this vertical receive non-financial benefits than other verticals, there was still a minority of respondents receiving non-

financial benefits

Common benefits were extra time off or time off in lieu


Executive Summary cont.


Asset Management

Commercial & Industrial

65%of respondents receives less

than 3% salary increase

42.4%did not receive an

increase at all

Salary and career progression cited as the main reasons for considering change

70%of respondents had a salary

increase in 2018

9.7%had an increase

of more than 10%

Career progressionthe main reason

they would consider changing roles

Corporate Support

15.4%of respondents

received more than 10% salary increase

Had the least years of experience in the sector (c2 years)

Salary was the main

reason for considering changing roles

Received the least benefits than others

Executive

70%of Executives receive some form of salary

increase

48%expect a salary increase of

more than 10%

Career progression and financial

benefits were the 2 key reasons to

consider change

Received the most financial &

non-financial benefits, including income

protection & guaranteed salary increases

Renewable energy resources are changing in the world

Combined Heat & Power

Solar PV

GeothermalSolar Hot Water

Biomass & Bio Fuel

Small Wind

Solar Space Heating


13.9%

37.5%30.6%

12.5%

5.6%

13.9% More than 20

37.5% 10 - 20

30.6% 6 - 10

12.5% 3 - 6

5.6% 0 - 3

9.7%

12.5%

23.6%

18.1%

36.1%

9.7% More than 10%

12.5% 5% - 10%

23.6% 3% - 5%

18.1% 1% - 3%

36.1% 0%

Development

The development sector was active in

2018 and this translated to the salaries

in the area.

The majority of development sector

salaries rose over the course of 2018.

From this, 9.7% of individuals received

increases of more than 10% to their

salaries. Only 36.1% of participants

received no salary rise over the year.

Overall experience in the renewables

sector was high, with more than half of

the candidates possessing more than 10

years of industry experience. This made

the area one of the most experienced

within the survey.

Career progression was identified to be

the number one reason an individual

would consider to move employment;

Current salary was another prominent

reason, being identified by almost 50% of

individuals in the survey.


0.0% 20.0% 40.0% 60.0% 80.0%

Salary

Financial Benefits

Non-financial Benefits

Career Progression

Manager

Sector Overview

Percentage Increase in Salary 2018

Years of Industry Experience

Reasons to change employment


Finance

The finance - renewable energy job market

was stable in 2018.

Overall, 75% of employees within the

sector experienced some sort of increase

in salary, with 25% of individuals

experiencing between 5 and 10% salary

rises.

The sector has a wide spectrum in

experience, with 25% of participants

having less than 2 years of industry

experience and more than 20% having

more than 10 years.

The participants reflected clear

motivations if they were to switch from

their current employment. Career

progression and salary were the two major

reasons employees would consider if they

were to move from their current position.


Sector Overview




8.3%

25.0%

8.3%33.3%

25.0%8.3% More than 10%

25.0% 5% - 10%

8.3% 3% - 5%

33.3% 1% - 3%

25.0% 0%

8.3%

16.7%

33.3%

16.7%

25.0%

8.3% More than 20

16.7% 10 - 20

33.3% 6 - 10

16.7% 3 - 6

25.0% 0 - 2

0% 10% 20% 30% 40% 50%

Salary

Financial Benefits


Career Progression

Manager


Construction & Engineering

The construction and engineering sector

covered the largest candidate pool in the

survey. Overall, 21 different employment

roles were analysed or assessed.

The majority of individuals in the sector

experienced salary increases in 2018.

From this, less than 10% of candidates

experienced salary increases of more than

10% and approximately 38% of people

received no salary rise.

The survey identified that the construction

and engineering workforce is experienced,

with more than half of the applicants

having more than 10 years of industry

related experience.

Following on from this, the main reason to

change employment was revealed to be

career progression, with over 50%

nominating this justification.


Sector Overview




7.3%8.2%

35.5%

10.9%

38.2%

7.3% More than 10%

8.2% 5% - 10%

35.5% 3% - 5%

10.9% 1% - 3%

38.2% 0%

19.1%

43.6%

16.4%

14.5%

6.4%19.1% More than 20

43.6% 10 - 20

16.4% 6 - 10

14.5% 3 - 6

6.4% 0 - 3

0.0% 20.0% 40.0% 60.0%

Salary

Financial Benefits


Career Progression

Manager


Salary Results


Business

Development

Manager

Bid and Tender

Manager

Sales

Manager

Grid

Engineer

Onshore Wind 130-150k 140-160k 180-200k 120-160k

C&I Solar 110 - 120k 110 - 120k 150-170k 120-140k

Utility Scale Solar 120 - 145k 110-130k 180-200k 120-160k

Estimator

Senior

Estimator

Mechanical

Engineer

Senior

Mechanical

Engineer

Onshore Wind 120-140k 150 - 160k 140-160k 120 - 130k

C&I Solar 110-130k 120 - 130k n/a 80 - 90k

Utility Scale Solar 120-140k 150 - 160k n/a 100 - 110k

Project

Engineer

Project

Manager

Construction

Manager

Senior

Construction

Manager

Onshore Wind 95 - 105k 150 - 170k 160-200k 180 - 220k

C&I Solar 80 - 90k 120 - 130k 150-170k 180 - 190k

Utility Scale Solar 110 - 120k 160 - 170k 170 - 200k 150 - 180k

Senior Project

Manager

Project

Director

Site

Administrator

Senior Site

Administrator

Onshore Wind 180-210k 190 - 225k 50-60k 60-75k

C&I Solar 100 - 110k 160 - 190k n/a n/a

Utility Scale Solar 170 - 180k 190 - 215k 50-60k 60-75k

Site

Manager

Electrical

Engineer

Senior Electrical

Engineer

Wind

Engineer

Onshore Wind 130 - 140k 120-140k 150-170k 100 - 125k

C&I Solar n/a 100 -120k 110-130k n/a

Utility Scale Solar 190 - 200k 120-140k 150-170k n/a

Senior Wind Engineer

Onshore Wind 150 - 180k

C&I Solar n/a

Utility Scale Solar n/a



The results from construction and

engineering reflected that employees

received, on average, more benefits

than other non-finance verticals within

the renewable energy industry. The

typical benefits package includes

bonuses and all non-financial benefits

available.

As there are considerably more roles

that fall under construction and

engineering than the other verticals, this

average does not reflect every role

within the vertical. Bid and Tender

Managers and Senior roles as Site

Administrators, Estimators and

Engineering all included extra leave

purchase in addition to the industry

average.

Benefits Results Financial Benefits

Bonus/ STI (Short Term Incentive) ✓

LTI (Long Term Incentive)/ Share/Options X

Health Insurance X

Income Protection X

Other Insurance X

Guarantee Salary Increases X

Non-Financial Benefits

Flexibility to work from home ✓

Extra Leave Purchase ✓

Time off in Lieu ✓


Asset Management and Operations

The available positions in asset management

and operations increased in 2018 with the

continual completion of renewable projects

across Australia.

Salaries within the sector increased on

average, with approximately 70% of survey

participants indicating they had an increase in

salary over 2018. From this, 9.7% of

individuals experienced a salary rise of more

than 10%.

Overall, industry experience in the sector

varied. Over 40% of the survey pool had

worked at least 10 years in renewables whilst

almost 12 percent had only worked 3 years or

less.

Current employees listed that career

progression and salary package were the two

factors they would consider when changing

employment roles. Other participants included

other reasons such as location of work.

With new renewable projects set to be

finished in 2019, we expect the asset

management and operations sector to

continue to grow.

Renewable Energy Salary Survey 2018

Sector Overview




9.7%

19.4%

32.3%

38.7%

9.7% More than 10%

19.4% 5% - 10%

32.3% 3% - 5%

0% 1% - 3%

38.7% 0%

21.4%

26.2%31.0%

9.5%

11.9%21.4% More than 20

26.2% 10 - 20

31.0% 6 - 10

9.5% 3 - 6

11.9% 0 - 3

0.0% 20.0% 40.0% 60.0%

Salary

Financial Benefits


Career Progression

Manager

Commercial and IndustrialWages in the commercial & industrial

sector were the most stagnated in the

survey. Overall, 65% of participants

experienced salary increases of less than

3%; from which, 42.5% received no salary

rise in 2018.

The sector had an experienced workforce,

with over half of the employees having over

6 years of experience in the industry. 23.3%

of participants had more than 20 years of

industry related experience.

The two major reasons for individuals to

change from their current employment in

the commercial and industrial field were

that almost 50% of individuals reflected that

they would consider changing employment

in regards to salary and career progression.

Other incentives such as financial and

non – financial benefits were also

regarded highly as a reason to change

employment.

Despite the slow salary increases in 2018,

the majority of survey participants expect

their salaries to rise in 2019.

Renewable Energy Salary Survey 2018

Sector Overview




7.5%10.0%

17.5%

22.5%

42.5%

7.5% More than 10%

10% 5% - 10%

17.5% 3% - 5%

22.5% 1% - 3%

42.5% 0%

23.3%

32.6%

27.9%

11.6%

4.7%

23.3% More than 20

32.6% 10 - 20

27.9% 6 - 10

11.6% 3 - 6

4.7% 0 - 3

0% 20% 40% 60%

Salary

Financial Benefits


Career Progression

Manager

Corporate Support

Overall, most individuals within the

corporate support sector received

increases to their salary in 2018. From

this, 15.4% experienced rises of more than

10% to their salary.

The sector had the least experience within

the survey pool. A third of individuals had

less than 3 years of industry experience

and no participants had more than 20

years of time within the renewables area.

Overall, salary was the main reason

individuals would consider if they were to

change employment. All participants

identified this reason whilst other

justifications were financial benefits and

career progression.


Sector Overview




15.4%

23.1%

30.8%

7.7%

23.1% 15.4% More than 10%

23.1% 5% - 10%

30.8% 3% - 5%

7.7 1% - 3%

23.1% 0%

33.3%

11.1%22.2%

33.3%

0% More than 20

33.3% 10 - 20

11.1% 6 - 10

22.2% 3 - 6

33.3% 0 -3

0% 20% 40% 60% 80%100%

Salary

Financial Benefits


Career Progression

Manager


Executive

The executive sector of renewables

possessed the highest average salaries

within the survey.

Over 70% of executive positions

experienced some sort of percentage

increase in salary during the year of 2018.

Responses indicate that this is expected to

continue into 2020, with 48% of the

surveyed applicants expecting an increase

in salary of more than 10%, and only

14.3% of respondents expecting no

increase in salary for 2019.

The sector unsurprisingly has high levels

of experience, with 38% of executives

having greater than 20 years of experience

in the renewables sector. Only 5% of

respondents revealed they had less than 6

years of industry related experience.

Employees identified a number of reasons

to leave their current position: these were

mainly career progression, financial

benefits and salary.


Sector Overview




19.0%

14.3%

23.8%

14.3%

28.6%19% More than 10%

14.3% 5% - 10%

23.8% 3% - 5%

14.3% 1% - 3%

28.6% 0%

38.1%

28.6%

28.6%

4.8%

38.1% More than 20

28.6% 10 - 20

28.6% 6 - 10

4.8% 3 - 6

0% 0 - 3

0.00% 10.00% 20.00% 30.00% 40.00%

Salary

Financial Benefits


Career Progression

Manager


Salary Results

Executive employment provided the

equal most Financial and Non-financial

benefit packages within the renewable

industry.

The average financial benefit expected

for this sector included both short and

long term incentives. All non- financial

benefits (flexibility to work from home,

extra leave purchase and time off in

lieu) were also included within these

packages.

Furthermore, some job roles

experienced other benefits such as

income protection and guaranteed

salary increases.


Board, NED, Chair * CEO, MD CFO COO

General Manager

Onshore Wind 5 – 10k 300 – 500k 200 – 300k 200 – 350k 200 – 300k

C&I Solar 2 – 5k 150 – 250k 150 – 200k 150 – 200k 150 – 180k

Utility Scale Solar

5 – 10k 200 – 400k 180 – 250k 210 – 220k 150 – 220k

Other 2 – 5k 150 – 250k 150 – 200k 150 – 200k 150 – 220k

Benefits ResultsFinancial Benefits

Bonus/ STI (Short Term Incentive) ✓

LTI (Long Term Incentive)/ Share/Options ✓

Health Insurance X

Income Protection X

Other Insurance X

Guarantee Salary Increases X

Non-Financial Benefits

Flexibility to work from home ✓

Extra Leave Purchase ✓

Time off in Lieu ✓


FAQs

For more information

• Web: https://www.phillipriley.com.au/renewable-energy-salary-survey/

• Email: [email protected]

• Call: +61(0)39192 9920.

Scott Robinson

Managing Director, Phillip Riley


Do we have enough skilled resources in the industry to meet

the current and future demand to deliver renewable energy

projects?

What are transferrable skills ad experience that employers

would consider?

Are employers looking overseas for Talent? If so, in what

areas?

What are our customers saying about their 2020 hiring &

resourcing needs?

What opportunities are there for new Graduates?



Documents

All Energy 2019storage.rdbk.com.au.s3-ap-southeast-2.amazonaws.com... · 2019. 11. 26. · All Energy 2019 Meeting the booming demand for large scale renewable construction projects