Salary not top priority for mining jobseekers – Study
Mining industry employees and jobseekers are prioritizing a work-life balance when they look for a new role or when they start feeling dissatisfied in the position they are in.
The recruitment agency reported that when asked “What takes priority when you’re searching for your next mining job opportunity?”, a work-life balance was the top choice for almost 40% of respondents. Second was career development with 37.6% of respondents choosing this option, while salary was third in the rank of priorities with just 20% of the votes.
According to MPI, these results are very similar to those obtained in the 2018 poll but quite different from what its experts saw back in 2016.
“It seems there was a higher dissatisfaction level with pay back in 2016, but that has been somewhat corrected now,” the study reads. “This is consistent with our observation that the mining industry has used some of its new-found profitability to raise salaries after a period of stagnation.”
Analyzing the survey's outcome, Steve Heather, Managing Director & Principal Executive Search of Mining People, said that people stop putting salary at the top of their priorities when they feel confident they found the right job that offers fair pay.
In Heather’s view, these results show that companies should avoid falling into the trap of competing for mining talent solely on salary, something some firms have made progress with by putting more emphasis on family-friendly rosters, high-quality accommodation, and top-class communications technology.
source: MINING.COM
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Russia takes aim at US nuclear power by throttling uranium
BHP to spend up to $14 billion on Chilean copper expansion
Aluminum price to average 6% higher in 2024 on strong demand: Fitch
Trump chooses oil fracking boss as energy secretary
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project