By Marcus Leach
UK oil and gas industry professionals are enjoying competitive wages according to The Oil and Gas Global Salary Guide 2012, which is based on data from over 14,000 respondents.
The Guide, produced by Hays Oil & Gas and leading jobsite Oil and Gas Job Search, shows that full time UK oil professionals enjoy average salaries of £55,850 per annum which is more than twice the national salary average of £26,244.
The 2012 survey also demonstrates strong growth in salaries for imported labour. Expat labour can command average salaries of £51,890 per annum: up 6.8% on the previous year.
Contractor day rates for those working in the North Sea (including the UK, Scandinavia and the Netherlands) are amongst the most competitive worldwide. Experienced engineers and managers can expect average rates of £540 per day and, for director level contractors, this figure rises to around £900 per day.
“Last year we reported a 30% rise in contractor wages for UK professionals," Matt Underhill, Managing Director of Hays Oil & Gas commented.
"This was particularly encouraging for UK based oil and gas professionals as the rates are a good indicator of the state of the job market, being more reactive to short-term changes in demand for skills.”
“The figures from the 2012 guide demonstrate that the UK oil and gas industry has maintained this recovery and day rates remain buoyant.”
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