Most gas and oil industry companies will hire in 2012

The 2012 salary guide from Hays Oil & Gas and Oil and Gas Job Search shows “an industry generally brimming with confidence despite widespread concerns over the global economy,’’ a press release stated today. According to the survey of 14,000 respondents, 26.7 percent of employers in the oil and gas industry are “extremely positive’’ about the current market, up from 9.7 percent in 2011. Some three-fourths of all employers surveyed expect to hire workers over the next 12 months. From the release:

Matt Underhill, Managing Director of Hays Oil & Gas comments: “This level of confidence has far surpassed that which we have seen over the last few years, and contrasts significantly with the wider economic outlook. With confidence comes salary increases and this is reflected with an increase in the average worldwide salary for professionals and skilled employees in the industry to $80,458 per annum, up 6.1 percent in the past 12 months.  

Duncan Freer, Managing Director of Oil and Gas Job Search, comments further: “The oil and gas industry is certainly in good shape and this is coming through loud and clear in our data. There has been a distinct move to employ permanent staff rather than contractors for many oil companies, demonstrating a confidence amongst employers in hiring new staff to cover future workloads. This is not to say that contractor demand is falling, with a multitude of new projects coming on line through the year, rates in this sector of the industry are still rising. “

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