Oil and Gas sector experience rise in take home pay
According to the latest Oil and Gas Global Salary Guide 2013, produced by recruiters ‘Hays Oil and Gas’ and jobsite ‘Oil and Gas Job Search’, professionals within the sector have an average salary of £57,900 per annum, which is a rate growth of 7.2% from last year.
Matt Underhill, Managing Director of Hays Oil & Gas, said, “The industry is taking positive steps in increasing pay and benefits that will make the UK more competitive on the world stage but there is still some way to go to stop the drain of talent to overseas markets.”
Duncan Freer, Managing Director of Oil and Gas Job Search added, “Whilst the overall level of pay in the UK still lags some oil and gas countries around the world, the rate of salary growth last year was impressive. This is great news for those wishing to build a long term career at home, and more importantly the UK oil and gas industry as a whole, which is seeking to keep hold of its globally respected talent”
“Despite the concerns in Europe and a slowdown in China’s growth, the sentiment in the industry remains positive. Current employees and new entrants to the industry can look forward to working in a dynamic and highly rewarding sector.”
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