Oil workers aren’t seeing bigger paycheques as prices surge

Less than a third of surveyed oilfield employees report receiving a pay bump in the past year, while another 21 per cent said pay was actually cut. That’s according to the latest Global Energy Talent Index released by recruiting firms Airswift and Energy Jobline. The good news: A little more than half of those workers say they expect to get a boost in pay sometime in the next 12 months.

At the same time, 82 per cent of oil industry workers would consider switching to another energy-related sector, with renewables being the most popular landing spot, according to the survey of 10,000 workers and hiring managers across 161 countries. It’s the second straight year the survey has reported an increase in workers’ willingness to leave the oil industry.Article content

Do they see smaller paycheques when prices dip?

Thats why im not going back. Boom for a few years, bust for more, promises never kept.

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