Canadian oil & gas workers salaries averaged $130,000 in 2013
International recruiting firm Hays released their 5th Annual Global Oil & Gas Salary Guide [link to full report here]. The firm surveyed over 24,000 oil and gas workers from 53 different countries, including 7,200 employers.
Canadian oil and gas salaries averaged $130,000 in 2013, up marginally from the previous year. Canadians ranked 3rd highest paid in the world, bested only by Norway and Australia. Surprisingly, Canadian oil and gas salaries are an astounding 60% higher than the global average of $81,200.
Some other interesting findings:
- Not surprisingly, bigger companies paid bigger salaries. Global oil majors tended to offer the highest salaries and the most generous benefits. Equipment manufacturing companies were the lowest paying sector in the oil and gas industry.
- Over 80% of respondents expect to receive a pay raise in 2014. In contrast, 70% of employers expect to offer pay raises for the upcoming year.
- About 18.4% of North American oil and gas workers are female, the highest percentage in the world. By comparison, less than 11% of European and Australian oil and gas workers are female.
- A stunning 36% of global oil and gas workers reported having less than 4 years of work experience. Only 20% of workers that claimed to have more than 20 years of experience.
- About 26.5% of global oil & gas workers are expats. Expats tended to originate primarily from Europe or Asia.
- Globally, the primary concerns for employers included:
- Shortage of skilled labour
- Economic instability
- Environmental concerns
- Canadian employers were more specifically concerned with increased competition for labour and materials that might stem from a booming LNG industry in BC. Most Canadian respondents expect a skills shortage over the next few years and anticipate continued reliance on foreign labour.