INNOVATION September-October 2014

c ompensa t ion sur vey

Results of the 2014 Member Compensation Survey Every two years, APEGBC conducts a member compensation and benefits survey. In May we sent a call out to members to participate in the 2014 APEGBC Compensation Survey. A total of 3,050 responses were received—an increase from the last survey that was conducted in 2012 with 2,424 respondents. We are pleased to present the findings of this year’s comprehensive compensation and benefits survey. Reported base salary by responsibility point level is illustrated in the table below. This analysis provides both high and low decile and quartile values to illustrate the range of base salaries paid to individuals with the same responsibility point range and compares this with the 2012 figures. The median base salary for all respondents and all responsibility point levels is $91,000 and ranges from a low of $59,500 at the 200 to 249 point level to $167,500 at the 800+ point level. Compared to 2012 median base salary values, most point level ranges have recorded an increase, and the median base salary for the entire sample has increased 4% over the two-year period. Reported Base Salary by Responsibility Point Level May 2014

Increase 2014/2012 Median

Responsibility Point Range

Total Jobs

Median Points

Low Decile($)

Low Quartile($)

2014 Median($)

High Quartile($)

High Decile($)

2012 Median($)

Mean($)

Less than 200

141 166 71,834 47,700 55,200 61,000 80,000 105,000 58,000

5.2%

200-249

166 221 60,684 50,000 55,000 59,500 65,000 74,060 57,250

3.9%

250-299

237 273 68,951 55,000 60,000 67,000 74,000 88,102 66,000

1.5%

300-349

335 321 77,944 61,633 69,000 75,000 85,280 97,000 75,000

0.0%

350-399

293 373 87,863 69,000 76,000 85,000 98,000 110,000 85,400

-0.5%

400-449

259 422 97,655 73,000 83,500 94,797 110,000 124,000 91,520

3.6%

450-499

237 472 105,136 80,000 90,000 101,000 116,000 136,566 100,500

0.5%

500-549

211 523 116,950 83,193 95,000 110,000 125,000 149,800 106,000

3.8%

550-599

163 575 121,878 86,954 100,000 120,000 135,000 171,260 114,000

5.3%

600-649

144 623 136,751 87,770 105,000 120,421 149,000 180,000 120,000

0.4%

650-699

120 677 141,272 100,000 112,400 130,000 162,500 190,000 127,563

1.9%

700-749

78 720 161,598 104,500 124,000 148,293 183,000 225,300 140,000

5.9%

750-799

57 775 174,950 100,800 135,000 167,000 215,000 250,000 165,000

1.2%

800+* 26 814 223,859 111,800 143,168 167,500 260,000 432,500 187,500 -10.7% Total 2,467 406 100,605 59,500 72,000 91,000 117,000 149,490 87,500 4.0%

*Due to the low number of respondents in the 800-849 and 850+ point levels, these groups are combined together as 800+.

Other Interesting Notes • Median total annual compensation is higher for women at the responsibility point levels 250 to 350 when compared to the male respondents. • It pays to become a professional. The change in median responsibility level from EIT to P.Eng. increases 77.2%, which also correlates to an increase in median base salary of 59.7%. For GIT to P.Geo., the change in median responsibility level also increases by 76.9% with a median base salary increase of 44.7%. If you have not already done so, you can determine your own responsibility point value by using APEGBC’s Employment Responsibility Evaluation. Please refer to the Benchmark Employment Descriptions to confirm the accuracy of your responsibility point level assessment. You can find the survey results, Employment Responsibility Evaluation and Benchmark Employment Descriptions online at apeg.bc.ca/compensationsurvey. APEGBC thanks all the members who participated in the 2014 compensation survey.

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