2 A global perspective
Section one - salary inormation
6 Overview and salaries by country7 Salaries by discipline area8 Salaries by company type9 Contractor day rates by region
Section two - industry beneits
12 Overview o beneits13 Beneits by company type14 Beneits by region
Section three - industry employment
17 Staing levels18 Diversity and movement o workorce20 Experience and tenure22 Employment mix
Section our - economic outlook
26 Industry outlook27 Most signiicant issues
It is with great delight that we introduce this year’s global oil and gas salaryguide. This is the ourth year we have published the document and each yearwe have seen an increase in the number o respondents taking their time togive us such valuable inormation and insights into their world o work. Thisyear’s survey saw more than 25,000 proessionals and skilled employees inthe oil and gas industry respond, giving us more than one million separatepieces o inormation to collate into indings. As with previous years, it is thetrends and movements within the data that make or such interesting reading– indeed every igure tells its own tale!With so much data it can become a question o what to present and publish,however, we have tried to stay true to the goals that we set ourselves whenirst embarking on such a document. This was namely to produce somemeaningul data on how salaries and remuneration change as we movearound the world o work in the oil and gas industry. This is thencomplemented with some inormed insights as to what industry events andactivities are contributing to the outcomes. We hope you enjoy reading thedocument, and more importantly it is o assistance to you in youremployment dealings.2012 was a good year or many in the oil and gas world with an increase insalaries, beneits and conditions. The same cannot be said or too many otherindustries and it would not be stretching the truth to state that more wealthhas been created in the oil and gas industry than any other over the last 12months. With nearly every country around the world striving to secure its ownenergy uture, either through exploration, increased production or developinginrastructure, demand or the oil and gas proessional, in all its guises, wasmost deinitely high.Our headline igure or the average base salary has once again grown to now sitat $87,300*, showing an 8.5 per cent increase on the previous year. Such anincrease now accounts or a 14 per cent rise in base salary in two years alone.That is signiicant or an industry employing some ive million people worldwide.There were numerous developments contributing to this rise through 2012, notleast o which was a prolieration o non-conventional ield developments. Thiswas seen by many nations as the route to energy independence and saw awave o hiring. Indeed many countries eagerly embarked on this path only todiscover that the skills didn’t exist, at least not in their own country. This wasconsequently, or some, their irst steps onto the global recruitment market. Theother change that this sector saw was an expansion into cities/regionspreviously untouched by the industry. The likes o Houston, Aberdeen and Perthare still important, just not as important as they were, it would seem.There were some environmental challenges to overcome and or somecountries or regions this was a bridge too ar. (Development stalled andsalaries with it, trends that are easily spotted within our data).Despite the general upward trend there were headwinds to overcome. As theyear came to a close the oil price edged slowly lower, relecting continuednegative sentiment around the general global economy, and the impact thismay have. Most roads led back to Europe in this regard and their continuingdebt issues weighed down consumer demand. This in turn impactedmanuacturing output, most notably in China. The ragile nature o thisscenario has dominated the economic backdrop, and appears likely tocontinue well into 2013. This said, conidence rom those taking this surveyhas remained high and at least in the oil and gas world, orecasts are orcontinued optimism, albeit guarded.We would like to take this opportunity to thank all o those individuals thatgave up their valuable time to respond to this survey, once again allowing usto produce such a valuable document. We would also like to thank thosepeople in our marketing departments or helping collate and design the guide.Lastly, but by no means least, we would like to thank our consultants and staor their valuable insights which undoubtedly bring the document to lie.
Matt Underhill,Managing Director, Hays Oil & GasDuncan Freer,Managing Director, Oil and Gas Job Search
*Respondents were asked to provide their base salary only in US dollars equivalent, convertingoreign currency into US dollars at the time o responding.
2013 Oil & Gas Salary Guide | 1