Industry analyst Stellar Recruitment has released its Salary Guide 2013-14, which includes predictions and salary ranges in the mining, construction, oil and gas industries, particularly in the US and Australia.
The guide, which contains data compiled by division managers from 1 July 2012, includes a range of challenges and risks from government regulations, increasing costs, commodity pricing, candidate sourcing and the cost of service providers.
The guide stated that increasing costs due to labour, energy, health and safety requirements, delays, taxes and increased compliance are a major concern for all industry stakeholders.
Salary Guide 2013-14 comprises information on one-year industry forecasts and trends, skill shortages, retention strategies, industry commentary and positive signs in the near future.
Stellar Recruitment managing director, Shaun McCambridge, said that energy, oil and gas sectors brought growth in the past 12 months and a growing demand for key skill sets.
"Stellar has witnessed current and forecasted shortfalls of experienced personnel for both onshore and offshore projects. These shortages have been across the engineering and construction phase through operations," McCambridge added.
"The greatest challenge moving forward for countries such as Australia will be the management of the escalating costs to develop and operate assets relative to the other countries with a much lower cost base."
The salary guide also includes data about remuneration trends and pivotal activities within the mining and construction industries, apart from oil and gas industry.
Image: The salary guide includes industry forecasts and trends, skill shortages and retention strategies.