2003 SALARY EXPECTATION
DETERMINE YOUR LEVEL OF RESPONSIBILITY
Determine your level of responsibility
(see Section 1) as you will want to
make comparisons which relate to your level.
DETERMINE YOUR 2002 SALARY RANGE
Consult the salary survey data reported
for your professional group (engineer, geologist or geophysicist)
and the salary survey data reported for your industry sector in
Section 2. This data plus other salary
survey data on engineers, geologists and geophysicists in Appendix
B will help you to determine your 2002 salary range.
DETERMINE 2002 TO 2003 SALARY ADJUSTMENT
Using the Example in Section
3 and/or other information available to you, determine what
the estimated increase may be in salary from 2002 to 2003 Use
this value to adjust your 2002 salary range in order to arrive
at your 2003 salary range.
For example, the 2002 salary range
for a level "C" engineer (all industries) ranges as follows:
If the 2002-2003 increase in salaries
is estimated to be 8.5% as shown in Example (page 28), the 2003
salary range for the level "C" engineer would be:
2002 SALARY EXPECTATION
At this step you turn from evaluating
the job to evaluating yourself, and how well you are performing
the job you hold.
Performance can range from:
(a) very low - new in the
job, new in the company, with a minimum of directly related
experience so that considerable and fairly close supervision
is required, to
(b) very high - five or six
years in the job (assuming a "C" Level of Responsibility)
so that you perform quickly (you don't have to double-check
because you've handled that kind of problem before), you accomplish
a great deal, it's accurate and you need little supervision
(people know that you will get the job done and that it will
be done well).
To illustrate further, if the level
"C" engineer noted in Step 3, has a few years' experience in the
job, brought no or very little directly relevant experience to
the job, has come to the job from outside the company and is still
having trouble arriving at a decision or makes poor decisions,
submits reports that still need to be checked for accuracy, the
level "C" engineer should expect to be paid in the range of $63,000
to $68,000 (Decile 1 to Quartile 1) in 2002.
On the other hand, if after two
years, the level "C" engineer makes good decisions quickly, presents
reports and recommendations that are normally accepted, starts
to see and suggest ways to improve the work and is generally accepted
as a strong member of the team, the level "C" engineer should
expect to be paid in the area of $68,000 to $79,000 (Quartile
3 to Decile 9) per year.
The APEGGA Survey collected additional
information from employers on anticipated salary adjustments over
the next 12 months:
- 74% of our 84 respondents
estimated salaries will increase. (average increase – 2.3%)
(Note – the weighted average
rate of increase is 3.0%). After reviewing the calculation
method used in previous surveys,
APEGGA is adopting this weighted average method for
future surveys rather than
the simple average that has been used in the past.
- 19% of our 84 respondents
estimated salaries will remain stable.
- 1% of our 84 respondents indicated
that salaries would decrease.
- 6% of our 84 respondents had
• Salary is one of two major
components of remuneration received by an employee; the other
being benefits. In order to determine your total compensation,
it is important to consider both parts. Section 5 contains
information on employee benefits and compensation concepts.
• A weakness of the single
market survey is that a strong market demand for the services
of a single occupational group will push salary rates for
that group to unacceptably high levels (in relation to the
level of responsibility assumed) causing dissatisfaction in
related occupational groups and setting up high turnover rates
later when demand declines. The opposite also happens when
demand is low.
As such, salaries of an occupational
group (determined by a strict application of the single market
approach) are not efficient in encouraging a steady inflow of
quality persons nor in encouraging persons already practicing
the occupation to continue to practice. Both of these factors
are of concern.
In order to stabilize salaries,
some companies consider changes in the economy and actual salaries
paid to a variety of other occupational groups, as well as the
trends in these.
There are many factors to consider
and only some have been referred to above. However, using these
factors and/or those considered important by your supervisor or
company, you should be able to arrive at a dollar figure which
will equate to the value of professional services you are providing
for your company.