Mine Labor Service
Empowering Your Mining Operations with Data-Driven Insights
In the mining industry, staying informed about compensation planning and industry trends is essential due to its constantly changing nature. Our Mine Labor Service, a comprehensive solution that pairs our Labor Reports with the cutting-edge Mine Labor Tool offers a valuable resource for accessing detailed salary, wage, and benefit data. This combination enables you to refine your staffing and compensation strategies with confidence and precision.
Labor Reports
Our Labor Reports are meticulously curated to cater to the distinct needs of management and HR professionals within the mining industry. We recognize the challenges you face in attracting, retaining, and motivating top-tier talent. As such, our reports are crafted to deliver actionable insights that directly address these challenges head-on.
Trusted Data Sources:
We source our data directly from mining operations spanning across the United States and Canada. Through longstanding relationships with mining companies, we ensure the most up-to-date and trustworthy information available in the industry. Our reports are meticulously updated annually to mirror the latest labor trends, allowing you to anticipate market shifts and make proactive decisions that drive success.
Mine Labor Tool
Complementing our Labor Report dataset is our Mine Labor Tool, built on over 20 years of survey results and is the latest addition to our lineup, offering unparalleled depth of insights into the labor landscape.
The Mine Labor Tool empowers you to visualize data and trends, such as median wages for numerous job titles and mine categories. Compare wages among industry types, surface and underground mines, and geographic region. Median wages for Western mines have averaged nearly 10% higher than mines in other regions for the last five years. Dive into historical insights to understand the evolution of wages over time. Witness the shifts as roles surge ahead, gaining valuable insights into trends that shape the industry.
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- Historical Insights: Explore detailed historical data, like the lead mining and extraction roles held in 2000, boasting a 3.5% lead over skilled trades and maintenance.
- Current Trends Analysis: Stay ahead with current monitoring. Discover remarkable growth in support and labor roles, with an increase of 117% during the period, narrowing the gap to 10-25%.
- Effortless Data Export: Easily download charts and data in a variety of formats, including CSV, XLSX, PPT, and PDF. Incorporate these insights directly into your own reports, presentations, and analysis with ease. This addition allows you to seamlessly integrate the insights from the Mine Labor Tool into your existing workflow, enhancing your decision-making process and streamlining your operations.
A Comprehensive View
Wage and Benefit Survey
Costmine Intelligence surveys industrial mineral, metal and coal mines throughout the United States and Canada annually. The survey includes wages for hourly employees as well as salaries for technical, managerial, and administrative personnel.
Summary tables showing the range, average, median, 25th percentile, and 75th percentile for wages are presented here.
Salaries
Appendix B includes information about the salaries for technical, managerial, and administrative personnel. Statistical summaries of the survey results are presented in tables, and summaries of salaries follow.
Employment Taxes
Federal and State or Provincial employment taxes are explained in Appendix D. This includes US Social Security and Medicare Tax, US Federal Unemployment Tax, US State Employment Taxes, US Workers Compensation Insurance, Canadian Employment Insurance, Canadian Workers Compensation Insurance, and Canadian Pension Plans.
Wage and Benefit Plans
Appendix A presents the wages for hourly employees and the benefit plans for participating mines.
Executive Compensation
Information collected from proxy statements or annual reports are summarized in Appendix C and presented in tables by company market cap. This includes the salary and total compensation of CEO, President, Vice President, CFO, and COO.
Proactive Decision Making
Annual updates reflect the latest labor trends, allowing you to stay ahead of market shifts.
Effortless Access
Our user-friendly online portal makes accessing and downloading reports a breeze, providing immediate insights at your fingertips.
Our Labor Report data is available for both the U.S. and Canada, covering a wide range of operations across both regions.
U.S. Labor Reports
The 2023 report contains the full results of our annual survey of compensation practices at U.S. mining companies. This report contains the full results of our most recent survey presenting data from 28 coal mining operations and 98 precious, base and ferrous, industrial mineral, and aggregate mines in 34 states.
Canadian Labor Reports
The 2023 report contains the full results of our annual survey of compensation practices at Canadian mining companies. Our report includes data from 76 metal, diamond, industrial mineral, aggregate, and fossil fuel mines in 10 provinces across Canada.Â
Who are the Labor Reports for?
Our tools enable you to attract top talent, optimize compensation strategies, and propel your mining company to new heights of success.
We invite you to experience the power of the Mine Labor Tool firsthand. Contact us today to schedule a personalized demo and discover how it can complement your existing reports.
