Aussie workers the highest paid

AUSTRALIAN oil and gas workers are the highest paid in the world, according to a global survery of 25,000 industry professionals.
The Oil and Gas Global Salary Guide 2013 by recruiters Hays Oil & Gas revealed Australians earned an average $157,710 per year, more than $10,000 ahead of second-placed Norway.
The annual report also found that foreign workers in Australia led global levels for imported professionals, earning an average $164,840 per year.
Contractors in the Australasian region were also the highest paid in the world. New Zealand was also major mover, jumping to third place with an average oil and gas salary of $123,010 – up from eighth year.
Hays Oil & Gas managing director Matt Underhill said the survey showed signs of a global economic slowdown.
“The region’s major projects, particularly those in LNG, have once again maintained Australia at the top of the world in terms of compensation,” he said.
“The guide does reveal signs of a slowdown in salary growth for both imported and local labour in Australia, which may be a sign that the market has passed its peak in terms of demand for specialist oil and gas skills. “However this should come as some comfort to operators who have experienced lower rates of return due to spiralling costs.” Oil and Gas Job Search managing director Duncan Freer said the results indicated a positive outlook for the future of the industry, with employers increasing staffing levels.
“There is no doubt that the Australasian oil and gas industry is one of the busiest in the world right now and this is clearly highlighted in our findings,” he said. “Despite the concerns in Europe and a slowdown in China’s growth, the sentiment in the oil and gas industry
remains positive.”

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