Global salaries and recruiting trends.
DISCIPLINE AREAS COVERED
RESPONDENTS WORK WITH
A GLOBAL SUPER MAJOR
EMPLOYERS IN THE INDUSTRY
PEOPLE RESPONDED TO THE
We would like to express our gratitude to all thoseorganisations and individuals who participated in
the collection of data for this year’s survey. More than 14,000 responded , which is almost 30 per cent
up on last year and this has once again ensured that we can produce an informative document to help
support your business decisions.
Disclaimer: The Oil & Gas Global Salary Guide 2012 is representative of a value added service to our clientsand candidates. Whilst every care is taken in the collection and
compilation of data, the survey is interpretive and indicative, not conclusive. Therefore information should be used as a guideline only and should not be reproduced in total or by
section without written permission from Hays.
From boom times in Australia and Brazil to unrest in North Africa, our report
on salariesonce again displays the many trends, events and forces that shape
the complex world of how people are paid in the oil and gas industry. We are
often very aware of remuneration within our own regional industry (it is one
of those topics that impacts us all in some way), however very few of us have
a good handle on how remuneration changes as we move around the world.
This is the endearingquality and attraction of this document and we are
pleased to say the main reason why it receives so much interest throughout
2 A global perspective
In general the trend in remuneration for 2011 was up; driven on by a buoyant
oil price and most countries around the world seeking to explore for, or
extract the energy resources they need to advance their own economies.
Indeed itwas a year that stood out from others in the breadth of geographic
coverage. Whilst South America and Asia Pacific continued to lead the way
in new investment, two of the traditional power houses of the industry, the
North Sea and the Gulf of Mexico, also came back on line in terms of hiring.
This added to an already busy market, where very few areas of the globe
were left untouched.
9Contractor day rates by region
This wider participation was also reflected in those completing our survey,
both in their geographic coverage and their number. To have over 14,000
respondents this year was a tremendous number which exceeded all
expectations. This large response has allowed us to drill down into more
specific roles, disciplines and regions. In this regard individuals can moreclearly identify their own situation whilst at the same time we can ensure that
the figures we produce are an accurate portrayal of the market.
Whilst assessing our own individual package against the figures is an
emotive and often interesting activity, it is the movement of remuneration
and employment trends over the last three years that provide the most
fascinating insights. In generalthe market in 2010 reflected the tail end of the
global recession of the previous year and was further weighed down by the
oil disaster in the Gulf of Mexico. In 2011 we have seen these issues left behind
and the market regain most of those losses, particularly so when it comes
to permanent salary packages and benefits. Contractor rates are still below
the highs of 2008, and with the generaldrift towards permanent staffing
it remains to be seen whether they will return in the near future. Whilst the
markets have softened towards the end of the year in the face of intense
negative sentiment around Europe, the data shows an entrenched confidence
that should prevail through 2012 and beyond.
Section one - salary information
6 Overview and salaries by country
7 Salaries by...