INDUSTRY BENEFITS

Overview of Industry Benefits

Once again the number of people receiving benefits has increased. OVERVIEW OF INDUSTRY BENEFITS
Compared to 2012, we have seen a two per cent increase in the number
of people receiving benefits.
Percentage Average
As candidate shortages continue to rise, it is evident that employers are
utilising benefits such as bonuses as a mechanism for attracting top
that receive percentage of their
talent. Despite this increase, there is a still a significant portion of oil and the benefit total package
gas professionals not receiving benefits (33 per cent) worldwide.
Employers who utilise their benefits as a key selling feature may be able
to more effectively target this candidate pool in their recruitment plans. 42.8%
Bonuses
Bonuses once again rank as the number one benefit offered by 15.9%
employers, staying steady with 2013 at 42.8 per cent. Bonuses,
particularly those directly relating to performance can be a strong
motivator.
8.9%
Commission
What is most notable about this year’s results is the increase in health 10.2%
plans. Health plans have consistently been ranked second next to bonuses.
However, for the first time health plans rank first in North America.
11.4%
Tax Assistance
13.1%

20.8%
Pension
11.6%

33.2%
More people are receiving Health Plan
14.5%
benefits than in the past
24%
five years Car/Transport/
Petrol 11.7%

22.8%
Housing
18.8%

Home leave 23%

allowance/
flights 14.8%

Hardship 10.2%
allowance 16.0%

Hazardous 8.4%
danger pay 16.5%

18%
Meal allowance
13.0%

7.9%
Share scheme
13.2%

10.6%
Schooling
17.0%

14.7%
Training
15.1%

18.6%
Overtime
Background: The bar chart shows two figures related to benefits that 18.6%
employees in the oil and gas industry receive. The first figure represents the
percentage of respondents that receive that particular benefit, i.e. 42.8 per No Benefits 33.28%
cent of respondents receive some sort of bonus. The second figure
represents the value of that benefit stated as a percentage of their overall
package for those that receive it, which in the case of bonuses is 15.9 per
cent.
16 | Oil & Gas Salary Guide
INDUSTRY BENEFITS

SECTION ONE: INDUSTRY IN PERSPECTIVE

Company Benefits

Bonuses top the list as the highest ranked benefit across all company
types, staying consistent with 2012. Global Super Majors and Equipment Despite bonuses being the
Manufacturer & Supplier companies offer pension plans more so than
other company types. On the other hand, EPCM and Oilfield Services
offer more overtime pay.
highest ranked benefit across
As candidates move within sectors employers should be mindful of the all company types, health
benefits professionals are used to receiving and be flexible with their
offerings in order to attract their desired talent. plans realised the highest
increase of five per cent

SECTION FOUR: INDUSTRY EMPLOYMENT SECTION THREE: INDUSTRY BENEFITS SECTION TWO: SALARY INFORMATION
TOP BENEFITS BY COMPANY TYPE

EPCM/CONTRACTOR GLOBAL SUPER MAJOR/OPERATOR

35% Bonuses 46% Bonuses

26% Health Plan 35% Health Plan

21% Home leave allowance/flights 25% Pension

21% Housing 23% Housing

20% Car/Transport/Petrol 22% Home leave allowance/flights

19% Overtime 22% Car/Transport/Petrol

32% No Benefits 23% No Benefits

EQUIPMENT MANUFACTURER & SUPPLY OILFIELD SERVICES/CONSULTANCY

44% Bonuses 36% Bonuses
SECTION FIVE: INDUSTRY OUTLOOK

31% Health Plan 28% Health Plan

28% Car/Transport/Petrol 20% Car/Transport/Petrol

22% Pension 20% Home leave allowance/flights

18% Meal allowance 19% Housing

17% Home leave allowance/flights 17% Overtime

24% No Benefits 32% No Benefits

Oil & Gas Salary Guide | 17

INDUSTRY BENEFITS
Regional Benefits

Bonuses are the most popular benefit offered to employees for all
regions bar North and South America. In North America in the last Middle East, Asia and South
year, health plans have taken over the number one spot for most
prevalent benefit offered. This could be in response to the recent
US ‘Obama Care’ implementation.
America are the regions
In South America, health plans are again the most popular benefit. with the fewest number of
South America also has the lowest number of employees who are not
receiving benefits. oil and gas professionals
Australasia, although experiencing a small decline in the number of
people receiving benefits, is still above its lowest number in 2010. without benefits
The Middle East has seen the highest percentage increase in the number
of people receiving benefits, as benefits are offered to >10 per cent
more people than in 2013. The number of people receiving benefits in
the Middle East currently surpasses the previous high in 2010.

PERCENTAGE OF EMPLOYEES WHO RECEIVE BENEFITS BY REGION

80%
2010

70% 2011

60% 2012

2013
50%

40%

30%

20%

10%

0%
Africa Asia Australasia CIS Europe Middle East North South
America America

18 | Oil & Gas Salary Guide

INDUSTRY BENEFITS

SECTION ONE: INDUSTRY IN PERSPECTIVE

Regional Benefits

TOP BENEFITS BY REGION

AFRICA ASIA
37% Bonuses 48% Bonuses

31% Health Plan 34% Health Plan

26% Car/Transport/Petrol 27% Car/Transport/Petrol

SECTION FOUR: INDUSTRY EMPLOYMENT SECTION THREE: INDUSTRY BENEFITS SECTION TWO: SALARY INFORMATION
25% Housing 25% Housing

24% Home leave allowance/flights 23% Home leave allowance/flights

22% Meal allowance 20% Overtime

29% No Benefits 23% No Benefits

AUSTRALASIA EUROPE
30% Bonuses 33% Bonuses

19% Pension 25% Pension

15% Health Plan 21% Health Plan

12% Home leave allowance/flights 15% Car/Transport/Petrol

11% Car/Transport/Petrol 10% Overtime

9% Training 10% Meal allowance

44% No Benefits 39% No Benefits

MIDDLE EAST NORTH AMERICA

41% Bonuses 39% Health Plan

33% Home leave allowance/flights 36% Bonuses

33% Housing 21% Pension

31% Health Plan 16% Car/Transport/Petrol

26% Car/Transport/Petrol 16% Overtime

16% Meal allowance 12% Training

23% No Benefits 29% No Benefits

RUSSIA AND CIS SOUTH AMERICA

30% Bonuses 46% Health Plan
SECTION FIVE: INDUSTRY OUTLOOK

24% Health Plan 40% Bonuses

23% Home leave allowance/flights 25% Meal allowance

20% Housing 19% Car/Transport/Petrol

18% Meal allowance 18% Pension

16% Car/Transport/Petrol 17% Training

35% No Benefits 22% No Benefits

Oil & Gas Salary Guide | 19

 SECTION FOUR
INDUSTRY
EMPLOYMENT
Plans for increasing staffing levels stays consistent with 2012

>70 per cent of employers plan to increase headcount in 2014

SECTION FOUR: INDUSTRY EMPLOYMENT

CONFIDENCE THAT STAFFING LEVELS WILL CHANGE IN THE NEXT 12 MONTHS

100% Increase more than 10%

13.5% 9.7%
20.9% 22.9% 23.5% Increase between 5-10%
80% 27.6%
34.2% Increase up to 5%
60% 23.3% 23.2% 24.7% Remain static
34.1%
40% 27.0% 25.3% 23.9% Decrease
23.8%
20% 12.7% 14.7%
26.1% 24.8% 22.3%
12.6% 13.9%
0%
2010
2009 2011
2010 2012
2011 2013
2012 2014
2013

20 | Oil & Gas Salary Guide