It’s an exciting time to be working in the power industry – how does your salary shape up?

It’s an exciting time to be working in the power industry – how does your salary shape up?

The UK’s power industry is changing

According to analysts, for the first time ever, wind power generated more electricity than coal power in 2016. The grid is changing with thousands of smaller sites joining the bigger, centralised power stations, this is as a result of the shift towards renewable energy, the growth in windfarms; not to mention the closure of three major coal stations last year including the last remaining coal plant in Scotland.

There are many exciting projects on the horizon; Hinkley Point C, Dogger Bank Offshore Windfarm, East Anglia One Offshore Windfarm, North West Coast Connection and the Moray Firth subsea cable and offshore renewable projects. It’s an exciting time for anyone working in the power sector.

There are some significant trends and changes that are increasing the demand and work location for skilled talent within the power sector. Local and regional reinforcement work on local distribution networks is increasing the need for labour and resources right across the UK. Remote and coastal schemes such as Beatrice, East Anglia One, Galloper, North West Coast Connection and Hinkley Point will displace resources from the traditional energy heartlands of London, Birmingham and Glasgow.

Power personnel are being incentivised to move away from working on National Grid projects to move towards unregulated works such as NEMO and Eleclink. Also, AMP6 investment in water specific project is causing a drain from multi utility works. All these changes are making it imperative for clients to have strong, long term relationships with talent pools to ensure they have the right workforce in place to deliver their projects.

Using our in-house salary survey tool, we have gathered data from candidates who work within the power industry to enable you to benchmark the salaries you are offering or receiving.

Our insights report contains

• Average salaries by region
• Benefits received by permanent candidates
• Average annual bonuses by region
• Average salaries by job role – permanent candidates
• Average salaries by job role – contract candidates
• Permanent salaries versus years of experience

Click on the button to download the report

Download power industry insights report

MySalaryTool is an anonymous salary benchmarking tool for Engineering and Construction professionals.

If you are a candidate looking for a new role, you can search the latest power jobs at our dedicated sector page.

This entry was posted on 10th February 2017. It was filed under the Power Networks, categories. You can follow any responses to this entry through the RSS 2.0 feed. What's RSS?.