OIL & GAS GLOBAL SALARY GUIDE Global salaries and recruiting trends.

Size: px
Start display at page:

Download "OIL & GAS GLOBAL SALARY GUIDE 2013. Global salaries and recruiting trends."

Transcription

1 OIL & GAS GLOBAL SALARY GUIDE 2013 Global salaries and recruiting trends.

2 SURVEY SUMMARY DISCIPLINE AREAS COVERED 24 COUNTRIES WORLDWIDE REPRESENTED 53 RESPONDENTS WORK WITH A GLOBAL SUPER MAJOR 2,500+ RESPONDENTS ARE EMPLOYERS IN THE INDUSTRY 8,200+ PEOPLE RESPONDED TO THE SURVEY 25,000+ THANK YOU We would like to express our gratitude to all those organisations and individuals who participated in the collection of data for this year s survey. More than 25,000 responded, which is approximately 74 per cent up on last year and this has once again ensured that we can produce an informative document to help support your business and employment decisions. Disclaimer: The Oil & Gas Global Salary Guide 2013 is representative of a value added service to our clients and 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 the producers of this guide.

3 It is with great delight that we introduce this year s global oil and gas salary guide. This is the fourth year we have published the document and each year we have seen an increase in the number of respondents taking their time to give us such valuable information and insights into their world of work. This year s survey saw more than 25,000 professionals and skilled employees in the oil and gas industry respond, giving us more than one million separate pieces of information to collate into findings. As with previous years, it is the trends and movements within the data that make for such interesting reading indeed every figure tells its own tale! With so much data it can become a question of what to present and publish, however, we have tried to stay true to the goals that we set ourselves when first embarking on such a document. This was namely to produce some meaningful data on how salaries and remuneration change as we move around the world of work in the oil and gas industry. This is then complemented with some informed insights as to what industry events and activities are contributing to the outcomes. We hope you enjoy reading the document, and more importantly it is of assistance to you in your employment dealings was a good year for many in the oil and gas world with an increase in salaries, benefits and conditions. The same cannot be said for too many other industries and it would not be stretching the truth to state that more wealth has been created in the oil and gas industry than any other over the last 12 months. With nearly every country around the world striving to secure its own energy future, either through exploration, increased production or developing infrastructure, demand for the oil and gas professional, in all its guises, was most definitely high. Our headline figure for the average base salary has once again grown to now sit at $87,300*, showing an 8.5 per cent increase on the previous year. Such an increase now accounts for a 14 per cent rise in base salary in two years alone. That is significant for an industry employing some five million people worldwide. There were numerous developments contributing to this rise through 2012, not least of which was a proliferation of non-conventional field developments. This was seen by many nations as the route to energy independence and saw a wave of hiring. Indeed many countries eagerly embarked on this path only to discover that the skills didn t exist, at least not in their own country. This was consequently, for some, their first steps onto the global recruitment market. The other change that this sector saw was an expansion into cities/regions previously untouched by the industry. The likes of Houston, Aberdeen and Perth are still important, just not as important as they were, it would seem. There were some environmental challenges to overcome and for some countries or regions this was a bridge too far. (Development stalled and salaries with it, trends that are easily spotted within our data). Despite the general upward trend there were headwinds to overcome. As the year came to a close the oil price edged slowly lower, reflecting continued negative sentiment around the general global economy, and the impact this may have. Most roads led back to Europe in this regard and their continuing debt issues weighed down consumer demand. This in turn impacted manufacturing output, most notably in China. The fragile nature of this scenario has dominated the economic backdrop, and appears likely to continue well into This said, confidence from those taking this survey has remained high and at least in the oil and gas world, forecasts are for continued optimism, albeit guarded. We would like to take this opportunity to thank all of those individuals that gave up their valuable time to respond to this survey, once again allowing us to produce such a valuable document. We would also like to thank those people in our marketing departments for helping collate and design the guide. Lastly, but by no means least, we would like to thank our consultants and staff for their valuable insights which undoubtedly bring the document to life. Matt Underhill, Managing Director, Hays Oil & Gas Duncan Freer, Managing Director, Oil and Gas Job Search CONTENTS 2 A global perspective Section one - salary information 6 Overview and salaries by country 7 Salaries by discipline area 8 Salaries by company type 9 Contractor day rates by region Section two - industry benefits 12 Overview of benefits 13 Benefits by company type 14 Benefits by region Section three - industry employment 17 Staffing levels 18 Diversity and movement of workforce 20 Experience and tenure 22 Employment mix Section four - economic outlook 26 Industry outlook 27 Most significant issues *Respondents were asked to provide their base salary only in US dollars equivalent, converting foreign currency into US dollars at the time of responding Oil & Gas Salary Guide 1

4 A GLOBAL PERSPECTIVE NORTH SEA The drain of talent to overseas markets intensifies skill shortages UNITED STATES Energy self-sufficiency now in sight for the US with extensive shale gas developments BRAZIL A long awaited round of field auctions announced, breathing life back into the market Oil & Gas Salary Guide

5 IRAQ Flurry of hiring as a range of new mega-projects kick off SOUTH KOREA Korean ship yards seek to monopolise vessel and rig fabrication work AUSTRALIA Australia dominates the LNG market with a multitude of projects under construction EAST AFRICA East Africa becomes the next big focus for oil and gas majors 2013 Oil & Gas Salary Guide 3

6 SECTION ONE SALARY INFORMATION Permanent salaries rose 8.5% over the last 12 months. SECTION ONE: SALARY INFORMATION Oil & Gas Salary Guide

7 With almost 50 per cent of those responding experiencing an increase of 5 per cent or more to their salary, this was the second consecutive year of significant rises for the industry. CHANGES TO SALARIES IN THE LAST 12 MONTHS Increase more than 5% Increase up to 5% Remain Static Decrease % 16.3% 30.3% 3.7% % 16.6% 29.7% 4.2% EXPECTED SALARY CHANGES IN THE NEXT 12 MONTHS Increase more than 10% Increase between 5-10% Increase up to 5% Remain Static Decrease % 29.8% 24% 17.6% 1.1% % 30% 20.9% 15.7% 1% 2013 Oil & Gas Salary Guide 5

8 SALARY INFORMATION Salaries Once again we saw the average permanent salary for those in the oil and gas industry rise by a significant amount. On the back of last year s 6 per cent rise, 2012 delivered another impressive increase in base pay of 8.5 per cent, rising to $87,300* as an average US dollar equivalent worldwide. There would be few industries with such a track record of growth over the last few years in what has been, in the most part, an uncertain economic environment. While the headline growth is impressive, the individual country figures once again portray the numerous forces shaping remuneration in the industry. Be they issues stemming from politics, the environment, the economy or in some cases armed conflict, each country s salary tells a story. Overall, we have seen the recruitment industry working well to iron out the extreme variations in pay, with those at the top of the table seeing salaries plateau or in some cases ease slightly, and those at the bottom seeing higher demand for cheaper talent, which in turn raises salaries. As the markets continue to become more efficient, with national borders less restrictive to skilled migration, and the movement of people more prevalent, this is inevitably the outcome. In general the year saw increases for most countries as the global energy industry remained buoyant. It is therefore more interesting to look at some of those that fell and speculate why. There were a number of locations that suffered from issues stemming from political fallout, Iran and Venezuela being the obvious standouts. The delay in auctions in Brazil saw a drop in their previously spiralling salaries (to some this would be a welcome respite). Some parts of Europe continued to suffer from the debt crisis with relatively flat demand, i.e. Spain; and in Poland the environmental lobby combined with a number of disappointing drilling campaigns put the brakes on shale gas developments and in turn local salaries. At the top of this year s table we once again see Australia and Norway. Both countries have limited skilled labour pools and significant workloads, the result is very high pay rates, although both would appear to have met some sort of ceiling. Completing the top five on local salaries, we also see New Zealand, Netherlands and Canada. Where imported salaries are concerned, it is once again the frontiers of the industry that are pushing the upper limits of pay. Representing a mix of danger money and hardship allowance in these base salaries, we find Russia s arctic exploration driving imported skills, and China s drive on nonconventional skills also pulling in experts on premium rates. Along with Australia, the Caribbean hub for oil and gas, Trinidad & Tobago, rounds off the top five importers by salary level. The major headwind in the world economy in late 2012 was the slowdown in growth within the Chinese manufacturing sector. It is therefore somewhat surprising that their local and imported salary figures exhibit such growth. However, taking a closer look at the market this is clearly a reflection of their quest to become self reliant on energy in the future driving exploration and infrastructure development, than any immediate increase in domestic energy demand. Other countries showing big increases include Iraq, Nigeria, Thailand and Argentina. The first two reflect significant project demand; Argentina is playing catch up on the previous year s sluggish growth; and Thailand is increasingly home to many oil and gas professionals on rotation on offshore facilities in South East Asia or North Western Australia. In general the Asia Pacific countries have fared well in the year with Singapore, South Korea and Malaysia joining China in those with positive increases. Aside from the USA which saw a relatively flat year for remuneration (all be it at a high level) we did see increasing rates in Mexico and Colombia, two hot spots for the region. As we forecast in 2011, Northern Europe also came through with increasing salaries reflecting a lack of skills to meet burgeoning demand. Demographic issues contributed to this shortage, as did a brain drain of professionals overseas, which continues to take its toll on the UK talent pool in particular. The relative low salary levels in the UK clearly contribute to this effect, and it will take further significant rises domestically before we see the trend reversing. At the time of writing the oil price remained above $80 bbl and at this level we should see salaries continue to rise as we progress into and through This rise however will be modest and we would expect the increase to be somewhere in the bracket of 4 to 6 per cert. We also expect to see more flattening of the market as skills move around the world to alleviate pockets of acute demand, and employers move to those countries at the bottom of our tables to take advantage of lower cost levels. *Respondents were asked to provide their base salary only in US dollars equivalent, converting foreign currency into US dollars at the time of responding. ANNUAL SALARIES BY COUNTRY Local average annual salary Imported average annual salary Algeria 45,200 92,400 Angola 53, ,700 Argentina 94,200 60,000 Australia 163, ,000 Azerbaijan 47, ,500 Bahrain N/A 92,200 Brazil 111, ,400 Brunei N/A 123,100 Canada 123, ,500 China 68, ,400 Colombia 81, ,900 Denmark 109, ,500 Egypt 41, ,500 France 92, ,400 Ghana 40, ,600 India 38, ,800 Indonesia 45, ,000 Iran 46,900 68,100 Iraq 47, ,500 Italy 69,000 84,600 Kazakhstan 41, ,200 Kuwait 114,400 79,700 Libya 42,200 82,800 Malaysia 47, ,200 Mexico 50, ,300 Netherlands 123,800 84,900 New Zealand 127, ,700 Nigeria 55, ,800 Norway 152, ,600 Oman 72,600 92,100 Pakistan 32,600 70,000 Papua New Guinea N/A 145,600 Philippines 35, ,000 Poland 42, ,600 Portugal 51, ,800 Qatar N/A 77,900 Romania 34, ,200 Russia 57, ,100 Saudi Arabia 86,500 81,000 Singapore 84, ,900 South Africa 75,300 93,100 South Korea 81, ,800 Spain 68,900 97,900 Sudan 31,100 59,800 Thailand 49, ,400 Trinidad and Tobago 66, ,800 Turkey 77, ,900 United Arab Emirates N/A 79,400 United Kingdom 93,400 93,100 United States of America 121, ,800 Venezuela 62, ,000 Vietnam 53, ,700 Yemen 35,100 97, Oil & Gas Salary Guide

9 SALARY INFORMATION Salaries ANNUAL SALARIES BY DISCIPLINE AREA Breaking the data down into discipline areas and comparing against the previous year s figures provides us an interesting insight into what has been driving the market. Following the downturn of 2008, those projects put into development the following year were starting to make their way through to operational phases, and it is in both the downstream operations and upstream production management figures that we saw this effect both sets of figures climb, particularly in the more junior ranks, implying volume recruitment. Conversely, the disciplines associated with exploration were somewhat flat after sizeable rises in 2012, although high levels of production ensured it was a busy year in drilling. Operator/ Technician Graduate Intermediate Senior In line with more project work coming through Final Investment Decision (FID), the core disciplines of electrical, mechanical, piping and process engineering all had a good year, making up for some lost ground in This was also mirrored in HSE and commissioning specifically in the more senior roles, where experienced managers of projects in these disciplines were hard to find. When considering the various levels of seniority in employment, and in line with the previous section, salaries were up. However we saw the biggest increase in graduate salaries rising by more than 12 per cent to just under US$40,000 equivalent. For an industry that has historically under-invested in entrylevel skills this is welcome news. At other levels, salaries for operators/technicians also saw rises of 9 per cent, as did the top end of the scale with base salaries in VP/Directors rising by the same amount. Manager Lead/ Principal VP/Director Business Development/Commercial 53,500 35,600 48,900 65, , ,300 Construction/Installation 58,700 46,400 57,200 80, , ,400 Commissioning 62,000 47,400 53,300 96, ,600 N/A Downstream Operations Management 59,300 42,800 53,600 74, , ,600 Drilling 75,200 39,400 75, , , ,300 Electrical 59,600 37,100 50,800 73,100 98,000 N/A Estimator/Cost Engineer N/A 38,100 51,700 68, ,800 N/A Geoscience 58,500 43,400 58, , , ,000 Health, Safety and Environment (HSE) 55,000 39,900 58,100 76, , ,500 Instrumentation, Controls & Automation 50,600 N/A 47,700 68, ,000 N/A Logistics 57,800 34,300 40,200 70,200 85, ,500 Maintenance 54,100 41,100 47,400 87, ,600 N/A Marine/Naval 62,700 41,100 55,300 87, , ,200 Mechanical 53,700 38,900 54,100 75, , ,500 Piping 49,400 34,100 43,100 68, ,800 N/A Process (chemical) 54,900 38,600 52,200 81, , ,100 Production Management 68,300 36,200 52,100 77, , ,600 Project Controls 56,100 42,700 54,200 85, , ,000 Quality Assurance/Quality Control (QA/QC) 51,300 40,000 52,400 76, , ,200 Reservoir/Petroleum Engineering 51,800 37,500 66,300 96, , ,300 Structural 52,800 34,500 51,100 68, , ,700 Subsea/Pipelines 63,500 37,000 65, , , ,200 Supply Chain/Procurement 42,200 37,000 54,600 72,700 97, ,300 Technical Safety 55,300 31,900 50,400 75, , ,400 SECTION FOUR: ECONOMIC OUTLOOK SECTION THREE: INDUSTRY EMPLOYMENT SECTION TWO: INDUSTRY BENEFITS SECTION ONE: SALARY INFORMATION 2013 Oil & Gas Salary Guide 7

10 SALARY INFORMATION Salaries ANNUAL SALARIES BY COMPANY TYPE Operator/ Technician Graduate Intermediate Senior Manager Lead/ Principal VP/Director Consultancy 56,100 36,100 50,600 82, , ,500 Contractor 68,800 40,800 53,100 72, , ,700 EPCM 57,000 48,400 54,800 82, , ,000 Equipment Manufacture & Supply 50,400 30,700 50,600 61,700 85, ,200 Global Super Major 76,800 55,200 71, , , ,100 Oil Field Services 53,400 37,900 49,300 70,700 98, ,500 Operator 58,000 48,800 75, , , ,000 This data is fascinating. With such a healthy oil price, it is no surprise that the operators are increasing salaries by about 12 per cent, however, it was a surprise to see the global super majors lagging their competition with only a 6 per cent rise. This aside, we saw the largest rise at more than 16.7 per cent within the equipment manufacturers. There is some conjecture as to why this is happening, however, it is probably no coincidence that this industry was the least well paid of the company types surveyed in It is only now after a couple of years of positive revenue that they are starting to claw back some of the lost ground in what they can afford to pay their workforce. We have also seen technological demands in the industry accelerating at a faster rate than at any point in history. Much of the onus for meeting these demands rests with those in this sector and this in turn is driving talent needs and the salaries needed to recruit effectively. The other under achievers historically in terms of salaries are the service contractors, and these companies also saw a good return in 2012 with an increase of 11 per cent. In terms of the magnitude of the base salaries by company type, global super majors and other operators continue to lead the market as we would expect, however the relative levels between these two groups makes for some interesting reading in itself. As is evident big is not always best. YEARLY SALARY CHANGES BY COMPANY TYPE Consultancy 2013 $96, $90, % Contractor 2013 $83, $74, % EPCM 2013 $98, $91, % Equipment Manufacture & Supply 2013 $71, $61, % Global Super Major 2013 $107, $102, % Oil Field Services 2013 $73, $67, % Operator 2013 $115, $103, % Oil & Gas Salary Guide

11 SALARY INFORMATION Salaries CONTRACTOR DAY RATES BY REGION Our data shows healthy rises in day rates for most disciplines across all levels. The operator/technician level saw some of the largest rises and at these lower levels this implies volume hiring with plenty of project work available. As highlighted in this report it is the construction/installation companies along with the large EPCMs that have most need for contractors, and with a wave of new facilities now being built and coming through design we would expect the operator/ technician rates to continue rising. Operator/ Technician Intermediate Senior The other significant rise was in the manager/ lead/principal level, particularly in East/South Africa and North Asia. The latter region saw good rises across all levels for contractor rates being led in the most part by large engineering firms out of South Korea (with China not far behind). Constructing and fabricating FPSOs, vessels, and large scale subsea infrastructure, the need for senior engineering talent is driving up rates, and also saw them elevated to the top of the table for importing talent (see table on page 6). Manager Lead/ Principal VP/Director Northern Europe ,130 Western Europe Eastern Europe N/A CIS Middle East ,000 North Africa N/A West Africa N/A East/South Africa South East Asia ,060 North East Asia ,260 Australasia ,330 1,590 North America ,110 South America N/A SECTION ONE: SALARY INFORMATION SECTION TWO: INDUSTRY BENEFITS SECTION THREE: INDUSTRY EMPLOYMENT Background for this section Only where the sample size is large enough have we listed figures in these tables. Where not enough responses were received, entries are returned as N/A. Permanent staff salaries are the figures returned by respondents as their base salary in US dollar equivalent figures (respondents were asked to convert their salary into US dollars using xe.com at the time of responding) excluding one-off bonuses, pension, share options and other non-cash benefits, for those working on a yearly payroll. Those on a daily payroll are extracted and listed separately. The average salaries listed under local labour are representative of respondents based in their country of origin. Salaries listed under imported labour are representative of those who are working in that country but originate from another. Contractor rates are listed as US dollar equivalent day rates as listed by respondents. Notes: EPCM - Engineering, procurement and construction management; HSE - Health, safety and environment; QA/QC - Quality assurance/quality control. SECTION FOUR: ECONOMIC OUTLOOK 2013 Oil & Gas Salary Guide 9

12 SECTION TWO INDUSTRY BENEFITS Bonuses account for rise in benefits. SECTION TWO: INDUSTRY BENEFITS Oil & Gas Salary Guide

13 The rise in bonuses continues and now represents the dominant mechanism by which companies attract and retain their talent. 5 LARGEST INCREASES IN BENEFITS Value of the benefit as a percentage of the overall package Increase Bonuses 5.80% 4.78% 21% Health Plan 2.90% 2.59% 12% Home leave allowance/flights 2.30% 2.00% 15% Hardship 1.50% 1.26% 19% Housing 3.40% 3.13% 9% 2013 Oil & Gas Salary Guide 11

14 INDUSTRY BENEFITS Overview of industry benefits The significant figure in our data here is that the number of people not receiving benefits has once again dropped, this year to just under 35 per cent. We know from our own activities that benefits and allowances are a vital part of recruitment in the industry, where tailoring to the individual, the project and the business are increasingly commonplace. In this way companies are able to engage far more with the individual they are seeking to employ and retention rates are bolstered. To some, the fact that 35 per cent do not receive any benefits is still incredible. The main mechanism by which employers are engaging with candidates is through bonuses and this is where we have seen the largest growth, rising 7.8 per cent since 2011 to a total of 42.8 per cent of our respondents receiving some sort of bonus. Healthcare and home leave allowances were the two other movers in 2012 rising 3.16 per cent and 2.56 per cent respectively. In terms of what these benefits were worth to individuals there was not a great deal of change from Tax assistance rose slightly as a percentage of what it is worth, however, slightly fewer were receiving it, so it has not made much of an impression on the overall remuneration pool. Breaking down the data into company types we see a similar pattern across all sectors. The exceptions included a jump in healthcare provision within equipment manufacturers and global super majors, along with home leave allowance showing a small increase across the board. OVERVIEW OF INDUSTRY BENEFITS Bonuses Commission Tax Assistance Pension Percentage that receive the benefit 42.8% 13.8% 7.5% 10.2% 9.5% 12.7% 18.9% 10.8% Average percentage of their total package Background: The bar chart shows two figures related to benefits that 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% 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 13.8% Oil & Gas Salary Guide Health Plan Car/Transport/ Petrol Housing Home leave allowance/ flights Hardship allowance Hazardous danger pay Meal allowance Share scheme Schooling Training Overtime No Benefits 26% 10.8% 19.1% 10.2% 19.2% 17.9% 18.2% 12.9% 10.4% 16.5% 6.7% 16.1% 14.3% 12.1% 6.7% 12.0% 7.8% 14.4% 10.8% 12.6% 15.1% 17.5% 34.6%

15 INDUSTRY BENEFITS Company benefits Almost 65 per cent of the respondents receive some benefit or allowance above their base pay, the highest rate of participation since the survey was launched four years ago. TOP BENEFITS BY COMPANY TYPE EPCM/CONTRACTOR 13% 19% 18% 18% 17% 16% 23% Overtime 23% 22% Housing Meal allowance Health Plan Car/Transport/Petrol Home leave allowance/flights 28% Housing Car/Transport/Petrol Pension 30% 35% 39% Bonuses No Benefits No Benefits EQUIPMENT MANUFACTURER & SUPPLY 42% Health Plan Bonuses GLOBAL SUPER MAJOR/OPERATOR 15% 19% 18% 16% 16% 15% 20% 24% 22% Pension Home leave allowance/flights Car/Transport/Petrol 30% No Benefits Car/Transport/Petrol Pension Housing Housing 29% Health Plan Health Plan Bonuses Home leave allowance/flights 38% 43% OILFIELD SERVICES/CONSULTANCY Background: Graphs here show the top benefits by company type and the percentage of people who receive them. 33% Bonuses No Benefits SECTION FOUR: ECONOMIC OUTLOOK SECTION THREE: INDUSTRY EMPLOYMENT SECTION TWO: INDUSTRY BENEFITS SECTION ONE: SALARY INFORMATION 2013 Oil & Gas Salary Guide 13

16 INDUSTRY BENEFITS Regional benefits As with previous years Asia remains the region in which more allowances and benefits are paid out as a percentage of the overall package than any other region. The Middle East is not far behind, with Africa and South America next. Europe and North America continue to weight their salaries towards basic salary and consequently benefits are relatively light in comparison. In terms of regional differences we identified a number of interesting patterns. In South America health plans are given to far more employees than any other region. They also pay out a high proportion of meal allowances, at a level not seen elsewhere. In Asia there is a distinct absence of pension payments, as well as overtime. This was offset by having the highest payments of bonuses. Whilst the Middle East and Asia continue to deliver higher levels of benefits across most categories, this is in the most part offset by lower basic salaries. Indeed the inter relationship between base salary and benefits should not be ignored when considering regional differences in overall remuneration. Perhaps even more of a factor for some regions is the level of tax on gross pay, and this is where the majority of the Middle East clearly plays its trump card, having a zero tax on earnings. TOP BENEFITS BY REGION AFRICA ASIA 37% Bonuses 25% Health Plan 21% Housing 20% Home leave allowance/flights 20% Car/Transport/Petrol 19% Pension 36% No Benefits 43% Bonuses 29% Health Plan 24% Car/Transport/Petrol 24% Housing 22% Home leave allowance/flights 19% Meal allowance 26% No Benefits AUSTRALASIA COMMONWEALTH OF INDEPENDENT STATES 33% Bonuses 27% Pension 12% Health Plan 11% Car/Transport/Petrol 10% Home leave allowance/flights 9% Overtime 43% No Benefits 30% Bonuses 20% Health Plan 19% Home leave allowance/flights 17% Housing 14% Meal allowance 12% Pension 40% No Benefits Background: Graphs here and overleaf show the top benefits by region and the percentage of people who receive them. CIS includes Russia and the former Soviet Republics Oil & Gas Salary Guide

17 INDUSTRY BENEFITS Regional benefits SECTION ONE: SALARY INFORMATION TOP BENEFITS BY REGION SECTION TWO: INDUSTRY BENEFITS EUROPE 30% Bonuses 22% Pension 19% Health Plan 12% Car/Transport/Petrol 9% Overtime 7% Meal allowance NORTH AMERICA 49% No Benefits MIDDLE EAST 40% Bonuses 29% Housing 26% Home leave allowance/flights 24% Health Plan 22% Car/Transport/Petrol 18% Overtime 27% No Benefits SOUTH AMERICA SECTION THREE: INDUSTRY EMPLOYMENT 37% Bonuses 35% Health Plan 22% Pension 13% Car/Transport/Petrol 11% Overtime 10% Training 34% No Benefits 39% Bonuses 39% Health Plan 24% Meal allowance 21% Pension 17% Car/Transport/Petrol 13% Housing 25% No Benefits SECTION FOUR: ECONOMIC OUTLOOK 2013 Oil & Gas Salary Guide 15

18 SECTION THREE INDUSTRY EMPLOYMENT Confidence remains high with almost a quarter of employers expecting salaries to rise by 10 per cent or more in the next year. SECTION THREE: INDUSTRY EMPLOYMENT Oil & Gas Salary Guide

19 INDUSTRY EMPLOYMENT Staffing levels Confidence levels in the industry on staffing demand remains high, in line with rising salary costs. However, the level has come off from 2012 albeit only slightly. Through the latter part of 2011 and early 2012 European debt worries dominated business confidence. As the year progressed the possibility of serious financial melt-down in Europe receded and the markets became similarly afflicted with concern for the downturn in growth within China, an economy that has helped to prop up global activity for the last few years. This concern is having an impact on the wider economy, however, less so in the oil and gas world. Energy demand continues to edge up and demand for skills continue to outstrip supply in many regions. The contractor base in the industry has remained relatively static since We also see the use of contractors has continued to predominate in the construction and installation disciplines. However, looking ahead the market does not have the same confidence as last year that this contract base will increase. While it is still high, more of our sample believes contractor numbers will remain static. Interestingly, the use of expats appears to be falling, with more than 20 per cent of those responding stating that their company did not employ people on an expat basis. This is very much in line with the increasing trend to localise the workforce. The level of those expecting the number of expatriates to increase remains stubbornly high however. This was the same in 2011, despite this year s data showing a contraction in expat use contradicting that forecast. SECTION ONE: SALARY INFORMATION CONFIDENCE THAT STAFFING LEVELS WILL CHANGE IN THE NEXT 12 MONTHS 22.9% Remain static 12.5% None 5.2% DISCIPLINE AREAS IN WHICH CONTRACTORS ARE EMPLOYED IN OIL AND GAS PERCENTAGE OF STAFF EMPLOYED ON A TEMPORARY OR CONTRACT ASSIGNMENT 24.8% Increase more than 10% 38.9% More than 20% 23.9% Increase between 5-10% 29.7% Between 5-20% 23.2% Increase up to 5% 18.9% Up to 5% Decrease EXPECTATION THAT CONTRACTOR LEVELS WILL CHANGE IN THE NEXT 12 MONTHS SECTION TWO: INDUSTRY BENEFITS Always Sometimes Never Subsea/Pipelines 48.3% 38.8% 12.9% Drilling & Well Delivery 39.5% 35.7% 24.8% Engineering & Design 43.7% 45.5% 10.8% Equipment & Supply 46.5% 38.3% 15.2% Geoscience & Petroleum Engineering 30.5% 44% 25.5% HSE & QAQC 37.6% 42.7% 19.7% Ops, Maintenance & Production 40% 43.7% 16.3% Petrochemicals 32.8% 41.7% 25.5% Project Controls 36.1% 45.3% 18.6% 39.6% Increase 16.1% Decrease PERCENTAGE OF WORKFORCE EMPLOYED AS AN EXPAT 22.8% 20.1% 21.1% EXPECTATION THAT EXPAT LEVELS WILL CHANGE IN THE NEXT 12 MONTHS 43.4% Increase 8.1% Decrease 36% More than 10% Between 5-10% Up to 5% None 44.3% Remain the same 48.5% Remain the same SECTION FOUR: ECONOMIC OUTLOOK SECTION THREE: INDUSTRY EMPLOYMENT 2013 Oil & Gas Salary Guide 17

20 INDUSTRY EMPLOYMENT Diversity & movement of workforce Disappointingly we didn t find an increase in the number of women working in the industry. With skill shortages as they are this appears to be the ideal time to take advantage of what should be a sizeable proportion of the workforce, unfortunately it appears an opportunity missed. Regionally the Americas are faring better than other regions, as the only two continents with more than 10 per cent of female workers. The Middle East, Africa and Asia are once again at the lower end of the scale. The spread of discipline splits amongst women in the industry remains the same as last year, with Business Development, Project Controls and HSE as the largest sectors of employment for females. There has been a small aging of the working population within our sample and this is in line with the years of experience as documented in the figure below. While overall the global data does not show any significant issues with demographics, the same cannot be said of specific markets. The market with the most acute issue is the US with more than 55 per cent of respondents over 50 years of age. We believe that this is already driving the high demand for talent in the US and Canada, that would appear to exceed current project and production needs. In line with our own experience, the number of oil and gas professionals working overseas continues to increase. In 2012 this percentage has risen to 47.4 per cent, up from the previous year s figure of 42.6 per cent. This trend is due to a number of factors, primarily the promotion of inward skilled migration by nation s governments that facilitates the growth. With skill shortages as they are, we do not expect it will be long before there are more oil and gas professionals overseas than there are in their own home countries. DIVERSITY OF STAFF AGE DEMOGRAPHICS REGIONAL GENDER DIFFERENCES Male Female Australasia Asia Africa Europe CIS Middle East North America South America Male 90.9% 9.1% 93.5% 6.5% 94.4% 5.6% 91.7% 8.3% 91.7% 8.3% 96.9% 3.1% 89.8% 10.2% 89.7% 10.3% Female 24 and under % 5.9% 12.4% 22.4% 16.2% 22.9% 14.0% 17.6% 13.6% 12.0% 12.0% 6.8% 11.3% 6.6% 9.3% 3.9% 6.1% 1.3% 65 and over 2.5% 0.5% WORKING AT HOME OR ABROAD 52.6% Home 47.4% Abroad Oil & Gas Salary Guide

OIL & GAS GLOBAL SALARY GUIDE 2013. Global salaries and recruiting trends.

OIL & GAS GLOBAL SALARY GUIDE 2013. Global salaries and recruiting trends. OIL & GAS GLOBAL SALARY GUIDE 2013 Global salaries and recruiting trends. SURVEY SUMMARY DISCIPLINE AREAS COVERED COUNTRIES WORLDWIDE REPRESENTED RESPONDENTS WORK WITH A GLOBAL SUPER MAJOR RESPONDENTS

More information

THE OIL & GAS GLOBAL SALARY GUIDE 2012. Global salaries and recruiting trends.

THE OIL & GAS GLOBAL SALARY GUIDE 2012. Global salaries and recruiting trends. THE OIL & GAS GLOBAL SALARY GUIDE 212 Global salaries and recruiting trends. SURVEY SUMMARY DISCIPLINE AREAS COVERED 24 53 COUNTRIES WORLDWIDE REPRESENTED 1,2+ RESPONDENTS WORK WITH A GLOBAL SUPER MAJOR

More information

hays oil & gas global job index

hays oil & gas global job index hays oil & gas global job index POSITIVE MARKET ACTIVITY Quarter 3, 2012. hays-oilgas.com Introduction Each month Hays Oil & Gas records the number of on-line jobs advertising oil and gas vacancies. To

More information

hays oil & gas global job index Significant increases confirm a buoyant market

hays oil & gas global job index Significant increases confirm a buoyant market hays oil & gas global job index Significant increases confirm a buoyant market Quarter 1, 2012. Global Oil & Gas job numbers up 39% since 2010 Most regions showing positive growth and Northern driving

More information

POWER YOUR BUSINESS WITH OUR EXPERTISE. Hays Oil & Gas recruiting capabilities

POWER YOUR BUSINESS WITH OUR EXPERTISE. Hays Oil & Gas recruiting capabilities POWER YOUR BUSINESS WITH OUR EXPERTISE Hays Oil & Gas recruiting capabilities Contents 03 Our promise 04 Our global network 04 Our recruiting experts 05 Our services 07 Our brand 07 Your global recruitment

More information

EXPERTISE NEEDED EXPERTISE FOUND

EXPERTISE NEEDED EXPERTISE FOUND Our global capabilities EXPERTISE NEEDED EXPERTISE FOUND www.nesglobaltalent.com Our global capabilities ManagedServices We offer a range of bespoke managed services, which enable you to outsource part

More information

The Borderless Workforce 2011. Australia and New Zealand Research Results

The Borderless Workforce 2011. Australia and New Zealand Research Results The Borderless Workforce 2011 Australia and New Zealand Research Results Introduction Given the fact that neither Australia or New Zealand are facing problems, like high unemployment rates during the labour

More information

Australia s position in global and bilateral foreign direct investment

Australia s position in global and bilateral foreign direct investment Australia s position in global and bilateral foreign direct investment At the end of 213, Australia was the destination for US$592 billion of global inwards foreign direct investment (FDI), representing

More information

Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario

Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario Medium and Long Term Natural Gas Outlook CEDIGAZ February 215 Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario 4 3 %/year 199-213 213-235 6 Main consuming markets - %/year (213-235)

More information

2015 Country RepTrak The World s Most Reputable Countries

2015 Country RepTrak The World s Most Reputable Countries 2015 Country RepTrak The World s Most Reputable Countries July 2015 The World s View on Countries: An Online Study of the Reputation of 55 Countries RepTrak is a registered trademark of Reputation Institute.

More information

OIL & GAS GLOBAL SALARY GUIDE. Review of 2013, outlook for 2014.

OIL & GAS GLOBAL SALARY GUIDE. Review of 2013, outlook for 2014. OIL & GAS GLOBAL SALARY GUIDE Review of 2013, outlook for 2014. SURVEY SUMMARY DISCIPLINE AREAS COVERED 24 COUNTRIES WORLDWIDE REPRESENTED 53 RESPONDENTS ARE EMPLOYERS IN THE INDUSTRY 7,200+ PEOPLE RESPONDED

More information

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 Global salary rises up compared to last year But workers in key emerging markets will experience real wage cuts Increase in

More information

HAYS OIL & GAS GLOBAL JOB INDEX Q1 2014. Increase in hiring globally, with significant jumps in key regions. hays-oilgas.com

HAYS OIL & GAS GLOBAL JOB INDEX Q1 2014. Increase in hiring globally, with significant jumps in key regions. hays-oilgas.com HAYS OIL & GAS GLOBAL JOB INDEX Q1 Increase in hiring globally, with significant jumps in key regions hays-oilgas.com GLOBAL INDEX Welcome to Q1 Global Job Index. The start of the year has been positive

More information

HAYS OIL & GAS GLOBAL JOB INDEX

HAYS OIL & GAS GLOBAL JOB INDEX QUARTER 3 OCTOBER 2013 HAYS OIL & GAS GLOBAL JOB INDEX Pace of hiring and job creation over the past quarter has been highly variable dependent on the region and the skill area. hays-oilgas.com HAYS OIL

More information

BEATING THE HIRING CYCLE OIL AND GAS COMPANIES NEED TO REDESIGN THEIR HUMAN RESOURCES PROCESSES. Bill Heath Robert Peterson Susie Scott

BEATING THE HIRING CYCLE OIL AND GAS COMPANIES NEED TO REDESIGN THEIR HUMAN RESOURCES PROCESSES. Bill Heath Robert Peterson Susie Scott BEATING THE HIRING CYCLE OIL AND GAS COMPANIES NEED TO REDESIGN THEIR HUMAN RESOURCES PROCESSES Bill Heath Robert Peterson Susie Scott In the past 12 months, oil and gas companies have been forced to do

More information

CORPORATE PRESENTATION

CORPORATE PRESENTATION CORPORATE PRESENTATION WHO WE ARE. WHAT WE DO. GER is a specialist engineering staffing, consultancy services and outsourcing business - providing industry focused human capital solutions. Industry Focused

More information

Consumer Credit Worldwide at year end 2012

Consumer Credit Worldwide at year end 2012 Consumer Credit Worldwide at year end 2012 Introduction For the fifth consecutive year, Crédit Agricole Consumer Finance has published the Consumer Credit Overview, its yearly report on the international

More information

Global Education Office University of New Mexico MSC06 3850, Mesa Vista Hall, Rm. 2120 Tel. 505 277 4032, Fax 505 277 1867, geo@unm.

Global Education Office University of New Mexico MSC06 3850, Mesa Vista Hall, Rm. 2120 Tel. 505 277 4032, Fax 505 277 1867, geo@unm. Global Education Office University of New Mexico MSC06 3850, Mesa Vista Hall, Rm. 220 Tel. 505 277 4032, Fax 505 277 867, geo@unm.edu Report on International Students, Scholars and Study Abroad Programs

More information

Insurance Market Outlook

Insurance Market Outlook Munich Re Economic Research May 2014 Premium growth is again slowly gathering momentum After a rather restrained 2013 (according to partly preliminary data), we expect growth in global primary insurance

More information

Second Quarter and First Half 2015 Trading Update

Second Quarter and First Half 2015 Trading Update Second Quarter and First Half 2015 Trading Update Trading Performance Year-on-Year Gross Profit Reported ( m) Constant 2015 2014 % % Q2 145.3 137.1 +6.0% +10.6% H1 281.0 263.7 +6.6% +10.8% Q2 Gross Profit

More information

I. World trade developments

I. World trade developments I. World trade developments The value of world merchandise exports increased by 20 per cent in 2011 while exports of commercial services grew by 11 per cent. Key developments in 2011: a snapshot Trade

More information

List of tables. I. World Trade Developments

List of tables. I. World Trade Developments List of tables I. World Trade Developments 1. Overview Table I.1 Growth in the volume of world merchandise exports and production, 2010-2014 39 Table I.2 Growth in the volume of world merchandise trade

More information

EMEA BENEFITS BENCHMARKING OFFERING

EMEA BENEFITS BENCHMARKING OFFERING EMEA BENEFITS BENCHMARKING OFFERING COVERED COUNTRIES SWEDEN FINLAND NORWAY ESTONIA R U S S I A DENMARK LITHUANIA LATVIA IRELAND PORTUGAL U. K. NETHERLANDS POLAND BELARUS GERMANY BELGIUM CZECH REP. UKRAINE

More information

360 o View of. Global Immigration

360 o View of. Global Immigration 360 o View of Global Immigration In a fast moving global economy, remaining compliant with immigration laws, being informed and in control is more challenging than ever before. We are a globally linked

More information

Your Global Partner to Project Success. Specialists and services you can rely on

Your Global Partner to Project Success. Specialists and services you can rely on Your Global Partner to Project Success Specialists and services you can rely on Why choose Brunel? Having access to the right knowledge and experience is essential to any organisation. By developing close

More information

The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost *

The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost * The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost * There has been substantial consolidation among firms in many industries in countries around

More information

THE COST OF TAXES ON JOBS AROUND THE WORLD

THE COST OF TAXES ON JOBS AROUND THE WORLD THE COST OF TAXES ON JOBS AROUND THE WORLD HOW SOCIAL SECURITY PAYMENTS AND OTHER EMPLOYER COSTS IMPACT JOB CREATION AND WAGE GROWTH IN DIFFERENT ECONOMIES FEBRUARY 2016 CONTENTS Introduction 3 1 Key Findings

More information

WORLD. Geographic Trend Report for GMAT Examinees

WORLD. Geographic Trend Report for GMAT Examinees 2011 WORLD Geographic Trend Report for GMAT Examinees WORLD Geographic Trend Report for GMAT Examinees The World Geographic Trend Report for GMAT Examinees identifies mobility trends among GMAT examinees

More information

2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia

2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia 2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE Salary and recruiting trends across Asia SECTOR OVERVIEW CHINA Given the continued success of a variety of industries in China, and the overwhelming prosperity

More information

www.pwc.co.uk/economics Global wage projections to 2030 September 2013

www.pwc.co.uk/economics Global wage projections to 2030 September 2013 www.pwc.co.uk/economics Global wage projections to 2030 Summary: Wage gap between emerging and advanced economies will shrink significantly by 2030 By 2030, our projections in this report suggest that

More information

U.S. Trade Overview, 2013

U.S. Trade Overview, 2013 U.S. Trade Overview, 213 Stephanie Han & Natalie Soroka Trade and Economic Analysis Industry and Analysis Department of Commerce International Trade Administration October 214 Trade: A Vital Part of the

More information

Sulfuric Acid 2013 World Market Outlook and Forecast up to 2017

Sulfuric Acid 2013 World Market Outlook and Forecast up to 2017 Brochure More information from http://www.researchandmarkets.com/reports/2547547/ Sulfuric Acid 2013 World Market Outlook and Forecast up to 2017 Description: Sulfuric Acid 2013 World Market Outlook and

More information

NET INTERNATIONAL MIGRATION

NET INTERNATIONAL MIGRATION II. NET INTERNATIONAL MIGRATION A. GLOBAL TRENDS During the period 195-21, the developed regions experienced population gains from positive net international migration while the developing regions were

More information

Economic Conditions Snapshot, December 2013

Economic Conditions Snapshot, December 2013 McKinsey Global Survey results Economic Conditions Snapshot, December 03 Executives economic expectations have reached a high for the year, though they expect only mild improvements in 04 and anticipate

More information

Contents. The Air Energi Difference 4. Project Solutions 6. Managed Service Provision and Vendor Management 8

Contents. The Air Energi Difference 4. Project Solutions 6. Managed Service Provision and Vendor Management 8 Project Solutions Proud to work with Project Solutions Contents The Air Energi Difference 4 Project Solutions 6 Managed Service Provision and Vendor Management 8 Multi Discipline Teams and Single Source

More information

Consolidated International Banking Statistics in Japan

Consolidated International Banking Statistics in Japan Total (Transfer Consolidated cross-border claims in all currencies and local claims in non-local currencies Up to and including one year Maturities Over one year up to two years Over two years Public Sector

More information

U.S. Salary Increase Survey Highlights

U.S. Salary Increase Survey Highlights Consulting Performance, Reward & Talent 2012 2013 U.S. Salary Increase Survey Highlights We ask each participating company to treat these survey findings with the greatest confidence. The findings are

More information

Chinese students and the higher education market in Australia and New Zealand.

Chinese students and the higher education market in Australia and New Zealand. Chinese students and the higher education market in Australia and New Zealand. by Ma Xiaoying English Department North China Electric University, Beijing, China and Malcolm Abbott Centre for Research in

More information

Energy Briefing: Global Crude Oil Demand & Supply

Energy Briefing: Global Crude Oil Demand & Supply Energy Briefing: Global Crude Oil Demand & Supply November 6, 215 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Please visit our sites at www. blog. thinking outside the

More information

EXPERTISE NEEDED EXPERTISE FOUND

EXPERTISE NEEDED EXPERTISE FOUND Our global capabilities EXPERTISE NEEDED EXPERTISE FOUND www.nesglobaltalent.com Our global capabilities AssignmentSupport Our service doesn t stop at making placements, we guarantee to support our contractors

More information

Long-term macroeconomic forecasts Key trends to 2050

Long-term macroeconomic forecasts Key trends to 2050 A special report from The Economist Intelligence Unit www.eiu.com Contents Overview 2 Top ten economies in 5 at market exchange rates 3 The rise of Asia continues 4 Global dominance of the top three economies

More information

THE GROWING GLOBAL MARKET OF LNG

THE GROWING GLOBAL MARKET OF LNG THE GROWING GLOBAL MARKET OF LNG ISSUES & CHALLENGES Dr Naji Abi-Aad April 2013 The Growing Global Market of LNG Outline Characteristics of Liquefied Natural Gas (LNG) & its Trade Increasing Volumes of

More information

MANAGING DIRECTOR S LETTER

MANAGING DIRECTOR S LETTER SUPPLY CHAIN & PROCUREMENT SALARY SURVEY GUIDE UAE 2014 CONTENTS MANAGING DIRECTOR S LETTER 2 SUPPLY CHAIN & PROCUREMENT 3 MARKET INSIGHT 4 SALARY GUIDE 5 UNDERSTANDING THIS GUIDE 6 TALK TO US 7 MANAGING

More information

World Manufacturing Production

World Manufacturing Production Quarterly Report World Manufacturing Production Statistics for Quarter IV, 2013 Statistics Unit www.unido.org/statistics Report on world manufacturing production, Quarter IV, 2013 UNIDO Statistics presents

More information

A Nielsen Report Global Trust in Advertising and Brand Messages. April 2012

A Nielsen Report Global Trust in Advertising and Brand Messages. April 2012 A Nielsen Report Global Trust in Advertising and Brand Messages April 2012 CONSUMER TRUST IN EARNED ADVERTISING GROWS IN IMPORTANCE Earned media sources remain most credible Trust in traditional paid advertising

More information

2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia

2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia 2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE Salary and recruiting trends across Asia SECTOR OVERVIEW CHINA China is becoming a R&D base for the global IT market which is leading to increased demand for

More information

Carat forecasts growth of 5.0% for 2012 and 5.3% in 2013 with digital advertising overtaking newspapers sooner than expected

Carat forecasts growth of 5.0% for 2012 and 5.3% in 2013 with digital advertising overtaking newspapers sooner than expected 23 August 2012 Carat forecasts growth of 5.0% for 2012 and 5.3% in 2013 with digital advertising overtaking newspapers sooner than expected Carat, the world s leading independent media communications agency,

More information

*in constant currencies, unless otherwise indicated

*in constant currencies, unless otherwise indicated 14 July 2015 SECOND QUARTER AND FIRST HALF 2015 TRADING UPDATE Highlights* Group gross profit growth of 10.6%; continued growth in all four regions Ongoing FX headwinds lowered reported Q2 gross profit

More information

Wheat Import Projections Towards 2050. Chad Weigand Market Analyst

Wheat Import Projections Towards 2050. Chad Weigand Market Analyst Wheat Import Projections Towards 2050 Chad Weigand Market Analyst January 2011 Wheat Import Projections Towards 2050 Analysis Prepared by Chad Weigand, Market Analyst January 2011 Purpose The United Nations

More information

2012 Country RepTrak Topline Report

2012 Country RepTrak Topline Report 2012 Country RepTrak Topline Report The World s View on Countries: An Online Study of the Reputation of 50 Countries RepTrak is a registered trademark of Reputation Institute. Global Reputation Knowledge

More information

Global Oil and Gas Capital Expenditure Outlook 2010: National Oil Companies (NOCs) to Drive Investment

Global Oil and Gas Capital Expenditure Outlook 2010: National Oil Companies (NOCs) to Drive Investment Global Oil and Gas Capital Expenditure Outlook 21: GlobalData s new report Global Oil and Gas Capital Expenditure Outlook 21: National Oil Companies (NOCs) to Drive Investment provides in-depth analysis

More information

Rush hour in Kolkata (formerly Calcutta), India. Between 1990 and 2000, the number of motor vehicles per capita more than doubled in four

Rush hour in Kolkata (formerly Calcutta), India. Between 1990 and 2000, the number of motor vehicles per capita more than doubled in four Rush hour in Kolkata (formerly Calcutta), India. Between 1990 and 2000, the number of motor vehicles per capita more than doubled in four Asia-Pacific nations: South Korea, the Philippines, India, and

More information

Queensland Legal Salary Survey Report 2011. A guide to salaries and recruiting trends for the Queensland legal profession.

Queensland Legal Salary Survey Report 2011. A guide to salaries and recruiting trends for the Queensland legal profession. Queensland Legal Salary Survey Report 2011 A guide to salaries and recruiting trends for the Queensland legal profession. thanks for participating We would like to express our gratitude to all who participated

More information

Millionaire migration in 2015

Millionaire migration in 2015 Publication date: March 2016 City migration Cities with biggest inflows of millionaires The following cities had the biggest net inflows of millionaires (HNWIs) in 2015. Cities ranked by millionaire inflows,

More information

Salary Survey 2013. Building partnerships, developing solutions & creating a safer future

Salary Survey 2013. Building partnerships, developing solutions & creating a safer future Salary Survey Building partnerships, developing solutions & creating a safer future www.nsrltd.com.au 1300 722 693 Contents Foreword 3 Introduction & methodology 4 Key findings & summary 5 Demographics

More information

Second Quarter 2014 Trading Update. 15 July 2014

Second Quarter 2014 Trading Update. 15 July 2014 Second Quarter 2014 Trading Update 15 July 2014 PageGroup Second Quarter 2014 Trading Update 2 Overview Group Q2 Gross Profit +9% in constant currency +2% in reported rates Y-o-Y growth in all regions

More information

Global Effective Tax Rates

Global Effective Tax Rates www.pwc.com/us/nes Global s Global s April 14, 2011 This document has been prepared pursuant to an engagement between PwC and its Client. As to all other parties, it is for general information purposes

More information

About the Research. Countries Include:

About the Research. Countries Include: About the Research To shed light on how organizations are using foreign talent to help ease talent shortages in their workforce, ManpowerGroup conducted research among nearly 25,000 employers across 39

More information

Open Doors 2011 Report on International Educational Exchange

Open Doors 2011 Report on International Educational Exchange Open Doors 2011 Report on International Educational Exchange Produced by the Institute of International Education with support from the Bureau of Educational and Cultural Affairs of the U.S. Department

More information

International Institute of Business Analysis. Salary Survey Report

International Institute of Business Analysis. Salary Survey Report International Institute of Business Analysis Salary Survey Report December 15, 2013 Introduction International Institute of Business Analysis (IIBA) is the independent, nonprofit, professional association

More information

BENEFITS & COMPENSATION INTERNATIONAL TOTAL REMUNERATION AND PENSION INVESTMENT

BENEFITS & COMPENSATION INTERNATIONAL TOTAL REMUNERATION AND PENSION INVESTMENT BENEFITS & COMPENSATION INTERNATIONAL TOTAL REMUNERATION AND PENSION INVESTMENT Compensation and Benefits in Iraq Mirna Charaf El Dinne Mirna Charaf El Dinne is a consultant with Hay Group in the Middle

More information

A BETTER RETIREMENT PORTFOLIO FOR MEMBERS IN DC INVESTMENT DEFAULTS

A BETTER RETIREMENT PORTFOLIO FOR MEMBERS IN DC INVESTMENT DEFAULTS A BETTER RETIREMENT PORTFOLIO FOR MEMBERS IN DC INVESTMENT DEFAULTS JUNE 2014 TALENT HEALTH RETIREMENT INVESTMENTS EXECUTIVE SUMMARY The majority of defined contribution (DC) plan members typically end

More information

Recession and Employment in the Gulf

Recession and Employment in the Gulf Recession and Employment in the Gulf Saudi Arabia Kuwait Qatar Oman Bahrain UAE RESEARCH 2009 Introduction This research study is intended to provide an overview of key employment and recruitment trends

More information

The rise of the cross-border transaction. Grant Thornton International Business Report 2013

The rise of the cross-border transaction. Grant Thornton International Business Report 2013 The rise of the cross-border transaction Grant Thornton International Business Report 2013 Foreword MIKE HUGHES GLOBAL SERVICE LINE LEADER MERGERS & ACQUISITIONS GRANT THORNTON INTERNATIONAL LTD When reflecting

More information

I. World trade developments

I. World trade developments I. World trade developments World merchandise exports grew by 2 per cent in value terms in 2013 while exports of commercial services increased by per cent. Key developments in 2013: a snapshot Trade data

More information

How Much Do U.S. Multinational Corporations Pay in Foreign Income Taxes?

How Much Do U.S. Multinational Corporations Pay in Foreign Income Taxes? FISCAL FACT May. 2014 No. 432 How Much Do U.S. Multinational Corporations Pay in Foreign Income Taxes? By Kyle Pomerleau Economist Key Findings The United States worldwide system of corporate taxation

More information

World Manufacturing Production

World Manufacturing Production Quarterly Report World Manufacturing Production Statistics for Quarter III, 2013 Statistics Unit www.unido.org/statistics Report on world manufacturing production, Quarter III, 2013 UNIDO Statistics presents

More information

MAUVE GROUP GLOBAL EMPLOYMENT SOLUTIONS PORTFOLIO

MAUVE GROUP GLOBAL EMPLOYMENT SOLUTIONS PORTFOLIO MAUVE GROUP GLOBAL SOLUTIONS PORTFOLIO At Mauve Group, we offer a variety of complete employee management services such as Global Employment Solutions (GES), Professional Employment Outsourcing (PEO),

More information

Global Media Report. Global Industry Overview

Global Media Report. Global Industry Overview Global Media Report 203 Global Industry Overview McKinsey & Company Global Media Report 203 McKinsey & Company s Global Media and Entertainment Practice Never before has an integrated view across the media

More information

Verdict Financial: Wealth Management. Data Collection and Forecasting Methodologies

Verdict Financial: Wealth Management. Data Collection and Forecasting Methodologies Verdict Financial: Wealth Management Data Collection and Forecasting Methodologies April 2014 Contents Global Wealth Markets Methodology Methodology Methodology 2 Global Wealth Markets Section 1: Global

More information

July 2012 Decoding Global Investment Attitudes

July 2012 Decoding Global Investment Attitudes July 2012 Decoding Global Investment Attitudes Investment decisions and matters of personal wealth vary by gender, age and geographic region Globally, men are 36% more active than women with investments

More information

Appendix 1: Full Country Rankings

Appendix 1: Full Country Rankings Appendix 1: Full Country Rankings Below please find the complete rankings of all 75 markets considered in the analysis. Rankings are broken into overall rankings and subsector rankings. Overall Renewable

More information

World Consumer Income and Expenditure Patterns

World Consumer Income and Expenditure Patterns World Consumer Income and Expenditure Patterns 2014 14th edi tion Euromonitor International Ltd. 60-61 Britton Street, EC1M 5UX TableTypeID: 30010; ITtableID: 22914 Income Algeria Income Algeria Income

More information

The Global Economic Impacts of Oil Price Shocks

The Global Economic Impacts of Oil Price Shocks The Global Economic Impacts of Oil Price Shocks Presented to: Project LINK, United Nations New York, NY November 22, 2004 Presented by: Sara Johnson Managing Director, Global Macroeconomics Group 781-301-9115

More information

The 2012 salary guide sharing our expertise. A guide to salaries and recruiting trends for the New Zealand building industry.

The 2012 salary guide sharing our expertise. A guide to salaries and recruiting trends for the New Zealand building industry. The 2012 salary guide sharing our expertise A guide to salaries and recruiting trends for the New Zealand building industry. Contents 4 Foreword 5 Section one: Salary Information 6 Salary vs Location of

More information

2015 Growth in data center employment continues but the workforce is changing

2015 Growth in data center employment continues but the workforce is changing Published in Conjunction with MARKET BRIEFING GLOBAL DATA CENTER EMPLOYMENT 2015 2015 Growth in data center employment continues but the workforce is changing Globally, the number of people working in

More information

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET Brief overview TURKISH CONTRACTING IN THE INTERNATIONAL MARKET Construction plays a crucial role in Turkey s economic development, accounting for 5.9% of GDP and employing some 1.8 million people. When

More information

Global Investment Trends Survey May 2015. A study into global investment trends and saver intentions in 2015

Global Investment Trends Survey May 2015. A study into global investment trends and saver intentions in 2015 May 2015 A study into global investment trends and saver intentions in 2015 Global highlights Schroders at a glance Schroders at a glance At Schroders, asset management is our only business and our goals

More information

Know the Facts. Aon Hewitt Country Profiles can help: Support a decision to establish or not establish operations in a specific country.

Know the Facts. Aon Hewitt Country Profiles can help: Support a decision to establish or not establish operations in a specific country. Aon Hewitt Country Profiles Your eguide to employment requirements and practices Profiles for nearly 90 countries worldwide Risk. Reinsurance. Human Resources. Know the Facts Whether you are a newcomer

More information

GLOBAL HRMONITOR NEW DIMENSIONS IN ONLINE HR INFORMATION TALENT HEALTH RETIREMENT INVESTMENTS

GLOBAL HRMONITOR NEW DIMENSIONS IN ONLINE HR INFORMATION TALENT HEALTH RETIREMENT INVESTMENTS GLOBAL HRMONITOR NEW DIMENSIONS IN ONLINE HR INFORMATION TALENT HEALTH RETIREMENT INVESTMENTS DISCOVER MERCER S GLOBAL HRMONITOR ABOUT GLOBAL HRMONITOR Mercer s Global HRMonitor is a single-source, web-based

More information

Open Doors 2013. Report on International Educational Exchange. Produced by the Institute of International Education. In partnership with the

Open Doors 2013. Report on International Educational Exchange. Produced by the Institute of International Education. In partnership with the Open Doors 2013 Report on International Educational Exchange Produced by the Institute of International Education In partnership with the Bureau of Educational and Cultural Affairs U.S. Department of State

More information

Business benchmarking 2009:

Business benchmarking 2009: Business benchmarking 2009: For members of the East European Group Summary results November 2009 Contents Executive summary CEE as a share of global sales Key markets Sales performance in 2009 Profits

More information

HOME OFFICE EVENT FOR SECURITY & POLICE PROFESSIONALS

HOME OFFICE EVENT FOR SECURITY & POLICE PROFESSIONALS 8 10 March 2016 Farnborough, Hampshire Dedicated CYBER ZONE! HOME OFFICE EVENT FOR SECURITY & POLICE PROFESSIONALS Key theme for 2016: Transformational Change POLICING & COUNTER TERRORISM CRITICAL NATIONAL

More information

FTI Consulting +44 (0)20 3727 1340 Richard Mountain / Susanne Yule

FTI Consulting +44 (0)20 3727 1340 Richard Mountain / Susanne Yule 13 October 2015 THIRD QUARTER 2015 INTERIM MANAGEMENT STATEMENT Highlights* 10.2% Group gross profit growth, good contributions from all four regions FX lowered gross profit by c. 7m (c. 18m YTD) Double-digit

More information

Triple-play subscriptions to rocket to 400 mil.

Triple-play subscriptions to rocket to 400 mil. Triple-play criptions to rocket to 400 mil. Global triple-play criptions will reach 400 million by 2017; up by nearly 300 million on the end-2011 total and up by 380 million on the 2007 total, according

More information

BIS CEMLA Roundtable on Fiscal Policy, public debt management and government bond markets: issues for central banks

BIS CEMLA Roundtable on Fiscal Policy, public debt management and government bond markets: issues for central banks BIS CEMLA Roundtable on Fiscal Policy, public debt management and government bond markets: issues for central banks Is monetary policy constrained by fiscal policy? by Carlos Montoro 26-27 November 212

More information

Governance, Risk and Compliance Assessment

Governance, Risk and Compliance Assessment Governance, Risk and Compliance Assessment Information security is a pervasive business requirement and one that no organisation can afford to get wrong. If it s not handled properly, your business could

More information

Chart 1: Zambia's Major Trading Partners (Exports + Imports) Q4 2008 - Q4 2009. Switzernd RSA Congo DR China UAE Kuwait UK Zimbabwe India Egypt Other

Chart 1: Zambia's Major Trading Partners (Exports + Imports) Q4 2008 - Q4 2009. Switzernd RSA Congo DR China UAE Kuwait UK Zimbabwe India Egypt Other Bank of Zambia us $ Million 1. INTRODUCTION This report shows Zambia s direction of merchandise trade for the fourth quarter of 2009 compared with the corresponding quarter in 2008. Revised 1 statistics,

More information

Fall 2015 International Student Enrollment

Fall 2015 International Student Enrollment Fall 2015 International Student Enrollment Prepared by The Office of International Affairs Nova Southeastern University Nova Southeastern University International Student Statistics Fall 2015 International

More information

Hotel, Tourism and Leisure. Asia Pacific Quarterly Update Volume 3 Spotlight: Malaysia

Hotel, Tourism and Leisure. Asia Pacific Quarterly Update Volume 3 Spotlight: Malaysia Hotel, Tourism and Leisure Asia Pacific Quarterly Update Volume 3 Spotlight: Malaysia ASIA PACIFIC HOTEL REVIEW HOTEL OPENING BY COUNTRY HOTEL OPENINGS Total hotel openings by international hotel management

More information

Summary. Economic Update 1 / 7 May 2016

Summary. Economic Update 1 / 7 May 2016 Economic Update Economic Update 1 / 7 Summary 2 Global World GDP is forecast to grow only 2.4% in 2016, weighed down by emerging market weakness and increasing uncertainty. 3 Eurozone The modest eurozone

More information

OVERCOMING BARRIERS TO GOING GLOBAL

OVERCOMING BARRIERS TO GOING GLOBAL EXPORTING IS GOOD FOR BRITAIN OVERCOMING BARRIERS TO GOING GLOBAL Despite the barriers to business growth present here in the UK, domestic business is deemed far simpler than international business. Competition

More information

SHINY HAPPY PEOPLE. Salary survey ANALYSIS

SHINY HAPPY PEOPLE. Salary survey ANALYSIS SHINY HAPPY PEOPLE 9 This year s RICS and Macdonald & Company salary and benefits survey finds respondents fizzing with optimism. Felicity Francis reports Economic Activity Change In your chosen professional

More information

IMD World Talent Report. By the IMD World Competitiveness Center

IMD World Talent Report. By the IMD World Competitiveness Center 2014 IMD World Talent Report By the IMD World Competitiveness Center November 2014 IMD World Talent Report 2014 Copyright 2014 by IMD: Institute for Management Development, Lausanne, Switzerland For further

More information

global ENTERPRISE SURVEY REPORT 2011 asia-pacific

global ENTERPRISE SURVEY REPORT 2011 asia-pacific global ENTERPRISE SURVEY REPORT 2011 asia-pacific A UNIQUE AnnuAL insight into the competitiveness of ASIA-PAcific businesses And developments in GLOBALisAtion business with confidence icaew.com/smeresearch

More information

OIL & GAS GLOBAL SALARY GUIDE 2015

OIL & GAS GLOBAL SALARY GUIDE 2015 OIL & GAS GLOBAL SALARY GUIDE 2015 SURVEY SUMMARY DISCIPLINE AREAS COVERED 25 COUNTRIES REPRESENTED WORLDWIDE 188 RESPONDENTS ARE EMPLOYERS IN THE INDUSTRY 10,000 PEOPLE RESPONDED TO THE SURVEY 45,000

More information

- 2 - Chart 2. Annual percent change in hourly compensation costs in manufacturing and exchange rates, 2010-2011

- 2 - Chart 2. Annual percent change in hourly compensation costs in manufacturing and exchange rates, 2010-2011 For release 10:00 a.m. (EST) Wednesday, December 19, 2012 USDL-12-2460 Technical Information: (202) 691-5654 ilchelp@bls.gov www.bls.gov/ilc Media Contact: (202) 691-5902 PressOffice@bls.gov INTERNATIONAL

More information

Manpower Employment Outlook Survey Singapore Q3 2014. A Manpower Research Report

Manpower Employment Outlook Survey Singapore Q3 2014. A Manpower Research Report Manpower Employment Outlook Survey Singapore Q3 14 A Manpower Research Report Contents Q3/14 Singapore Employment Outlook 2 Sector Comparisons Global Employment Outlook 6 International Comparisons - Asia

More information

Asia Salary Guide 2011-2012. Reputation is everything

Asia Salary Guide 2011-2012. Reputation is everything Asia Salary Guide 2011-2012 Reputation is everything Contents Executive Summary... 3 Salary Tables Banking & Financial Services Market Overview... 4 Project Management & Business Analysis... 5 Senior Management...

More information