X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

U.S.-based oil and gas professionals are experiencing growth in wages with a 12-month salary increase of $7,000, which brings average wages to $124,000, according to The Oil and Gas Global Salary Guide 2012, produced annually by Hays Oil & Gas and jobsite Oil and Gas Job Search.

Imported labor is also seeing higher wages at $119,400, up from $110,700 in 2011 while global average wages in the oil industry are at $80,458, up from $75,813 in 2011. North American contractor rates, which are used as an indicator of future trends in wage growth, stayed competitive in comparison to other regions. Management-level positions can expect an average daily rate of $810, and directors and vice president-level contractors are seeing an average of $1,100 per day.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Dig Deeper

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.