Remuneration Report
2023-24 Renewable Energy Remuneration Report
The 2023-24 Renewable Energy Remuneration Report provides in-depth insights into remuneration, job and salary satisfaction, bonuses, salary increases, and the driving forces behind career changes within the renewable energy industry. The data and insights enclosed within the report are a valuable resource for both industry professionals and stakeholders across the following Phillip Riley practices:
- Development
- Finance
- Legal
- Construction & Engineering
- Asset Management & Operations
- Transmission & Distribution
- Behind The Meter (Commercial & Industrial)
- Corporate Support
- Executive
- Contracting
- Offshore Wind
Key Findings:
Key drivers of job satisfaction were remuneration, development opportunities, and work-life balance.
Career development, remuneration, and management were the primary factors influencing the decision to change roles.
Notably, 78.12% of respondents received a salary increase in the last year, with the majority reporting increases between 1-5%.
Looking ahead, there is a significant jump in expectations, with 95.20% of respondents anticipating a salary increase in the next year. Among them, 53.35% expect increases between 5-10%.
95.2%
Of respondents are anticipating a salary increase in the next year.