1、R EN EWAB LE EN ER GY CO MPE N SATI O N SU R VEY R E P O RT 20241PART OF PHAIDON INTERNATIONALRenewable Energy Compensation Survey Report 2024IND U STRY INSIGH TS APACR EN EWAB LE EN ER GY CO MPE N SATI O N SU R VEY R E P O RT 20242Base Salaries-AUSBase Salary IncreasesBonus&CommissionsBenefitsAnnua

2、l&Parental LeaveFlexibilityCareer MotivationsSalary MotivationsIntroductionWhat is the appropriate amount of compensation for your employees?Or,if you are a renewable energy professional,does your pay match your peers?Compensation is a key factor in the decision-making process,both for hiring manage

3、rs who need to understand market standards to make competitive offers,and for professionals looking to benchmark their salaries when changing roles.Yet,there is a lack of information available on salary benchmarks,bonus details,the types of benefits other firms are offering,and what really matters t

4、o professionals when considering their career options.To support those working in the sector as a leading talent partner,we surveyed nearly 600 renewable energy professionals in APAC to bring you a new guide to compensation and career motivations in 2024.This report collates the survey findings,offe

5、ring valuable insights to help hiring and HR managers obtain a better understanding of market rates and find new strategies to attract and retain top talent.It is equally helpful for professionals,acting as a guide to help them determine whether their current compensation is fair.2ContentsAPAC Renew

6、able Energy Market OverviewSurvey Results3.6.33.Summary7.Energy Storage13.Offshore Wind20.Onshore Wind26.SolarBase Salaries-AUS,SGBase Salary IncreasesBonus&CommissionsBenefitsAnnual&Parental LeaveFlexibilityCareer MotivationsSalary Motivations34.About LVI Associates&Contact LVI AssociatesBase Salar