Transcription
2019 SPE Membership Salary SurveyHighlight Report — November 2019SPE Research speresearch@spe.org
2019 SPE Membership Salary Survey Highlight ReportOn 10 July 2019, the Society of Petroleum Engineers (SPE) sent invitations to 84,541 professional members to participate online in the annual SPEMembership Salary Survey. The survey asks about members’ compensation for the period of 30 June 2018 to 30 June 2019. By the close of thesurvey on 9 August 2019, 4,037 members responded for a 4.8% response rate, of which 2,796 provided valid compensation data, resulting in areported final 3.3% response rate. This sample of responses produces a margin of error of 1.82% at a 95% confidence level. Salary informationand other data in the report are entirely self-reported.Participants in the 2019 SPE Membership Salary Survey represented 87 countries and 38 states in the United States. More than four-fifths (81.9%)are citizens of the countries in which they work. Their employers’ headquarters are based in 78 countries. As in previous years, about half (48.8%)of the reported respondents are based in countries outside of the United States. The percentage of female participants included in the report issimilar to previous years at 13.4% (13.4% in 2018; 13.7% in 2017; 13.7% in 2016).Respondents were asked to provide their employment status, using the status that described them for the majority of 30 June 2018 to30 June 2019. The majority (91.8%) of respondents indicated they are full-time, regular payroll employees. A small percentage of respondents(5.3%) are contract, freelance, or part-time employees. The contract, freelance, or part-time segment has more than doubled in the last five years(5.0% in 2018; 4.2% in 2017; 3.2% in 2016; 2.4% in 2015; 2.2% in 2014). This year, 2.3% identified as self-employed or business.The composition of respondents by job function remains consistent year over year. One-fifth (20.9%) of participants in this year’s survey areprimarily engaged in Reservoir Engineering (21.9% in 2018; 21.4% in 2017; 19.5% in 2016). 15.1% reported a focus on Engineering – Other orCombination (14.2% in 2018; 14.7% in 2017; 14.2% in 2016), and 11.2% are involved in Production Engineering (12.1% in 2018; 10.7% in 2017;11.4% in 2016). Two new job function categories related to Digital Technology were added in 2019: Digital Technology (Hardware) - Automation,Robotics, IIoT, Edge, AR/VR; Digital Technology (Software) - Data Science, Data Analytics, Digital Engineering. Only a few (0.1%) respondents areinvolved in Digital Technology (Hardware), two percent of respondents (2.2%) are involved in Digital Technology (Software).More than one-third (34.1%) of respondents work for an Independent Oil and Gas Company. Nearly one quarter (24.1%) are employed by a Serviceor Manufacturing Company. One-fifth (20.1%) are employed by an Integrated Oil and Gas Company (up from 18.4% in 2018), and less than onetenth (6.4%) work for a National Oil and Gas Company. This year, 7.2% of members reported working for a consulting company.Copyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 1
General FindingsAll compensation data presented in this Highlight Report is in US dollars (USD). Data was collected in local currencies and was converted to USDollars (USD) using the exchange rate as of 8 August 2019, which is the effective date of this year’s data.For Figures 1-5, any table figures in bold text have 30 or more respondents and the data is more likely to be statistically significant.Petroleum industry professionals reported an average total compensation of USD 197,619 in 2019. The past three years have seen gradualincreases in total compensation (USD 196,874 in 2018; USD 194,649 in 2017; USD 185,001 in 2016), but have yet to attain compensation levelsseen prior to 2016 (USD 206,020 in 2015; USD 214,328 in 2014).The mean base pay reported in 2019 (USD 147,027) is lower than 2018 (USD 151,003) but similar to previously reported base pays (USD 151,122 in2017; USD 143,006 in 2016; USD 153,492 in 2015). Other compensation (including bonuses) increased (USD 50,011) again in 2019, showing a fouryear trend of increases in other compensation (USD 45,872 in 2018; USD 43,712 in 2017; USD 41,995 in 2016), although not yet not meeting othercompensation seen prior to 2016 (USD 52,931 in 2015 and USD 57,889 in 2014).In 2019, professionals receiving a car allowance stayed consistent with previous years at nearly one quarter, 23.5% (22.9% in 2018; 23.2% in 2017;24.6% in 2016; 26.3% in 2015).The average age of professionals in the survey was 43 years old, which remained the same as the prior eight years. However, this demographicvaried by gender. Males’ age was above the average at 44, and females’ age was below the average at 38.The amount of experience professionals have in the oil and gas industry has remained consistent with recent years, with the average at 19 years.Experience varied by gender with male professionals having more experience than females. The average years of experience in 2019 is 19.3 yearsfor males and 13.4 years for females.The number of professionals who reported an education level higher than a bachelor’s degree was 46.9%, continuing a steady upward trend seensince 2016 (45.5% in 2018; 44.2% in 2017; 43.8% in 2016).Copyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 2
Figure 1Summary of Results by Work Region (All compensation data is expressed in US Dollars)MiddleEast(n 146)North Seaand NorthAtlantic(n 335)NorthernandCentralAsia (n 84)SouthAmerica,Caribbean,andMexico(n 158)South,Central,andEasternEurope(n 117)SoutheastAsia(n 186)Total(n 2,796)UnitedStates(n 1,342)Africa(n 120)Oceania,Australia,and NewZealand(n 108)Mean 147,027 182,455 117,603 155,263 114,545 131,784 136,127 70,845 84,094 100,197 89,459Median 130,000 165,000 62,746 146,349 98,228 113,327 115,023 38,162 59,688 65,625 55,609Mean 50,811 75,789 43,037 29,230 26,676 35,085 25,540 13,663 18,055 32,606 27,205Median 20,000 35,000 8,270 13,614 13,261 15,302 13,958 2,152 2,604 10,000 6,514Mean 197,619 258,074 160,281 184,493 140,954 166,869 161,667 84,182 102,034 132,246 116,518Median 156,822 205,750 80,842 163,768 122,596 144,500 133,361 41,654 69,967 71,080 66,520Average Base Pay % 8.3%6.4%% With Car .6%95.5%24.7%70.4%78.6%86.7%72.6%75.8%Canada(n 200)Base PayOther CompensationTotal CompensationAverage AgeAverage Years of Experience inOil and Gas% With Education BeyondBachelor's Degree% Citizens of Work RegionCopyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 3
Figure 2Base Pay and Other Compensation by Work RegionBase Pay and Other Compensation by Work Region (USD) 300,000 250,000 75,789 200,000 50,811 29,230 25,540 0TotalUnitedStatesAfricaOceania,Australia,and NewZealandAverage Base (USD)CanadaMiddle North Sea Northern SouthEastand NorthandAmerica,Atlantic Central Caribbean,AsiaandMexico 100,197 18,055 84,094 13,663 70,845 136,127 131,784 32,606 27,205 89,459 26,676 155,263 117,603 182,455 50,000 147,027 100,000 35,085 43,037 114,545 150,000South, SoutheastCentral,AsiaandEasternEuropeAverage Other Compensation (USD)Copyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 4
Figure 3Job Categories and Total CompensationExecutive/Top Management compensation has been consistently increasing over the last three years, up 27.7% since 2016. In the United States,Executive/Top Management reported average total compensation of USD 533,825 in 2019, an increase of 27.2% since 2018 (USD 419,830 in 2018).Since 2016, Professional/Individual Contributor compensation has risen slightly (5.8%), and to a small degree (2.0%), Manager/Directorcompensation increased.In contrast, Technician/Specialty/Support Staff compensation declined four percent since 2016. Since last year, there was a considerable decrease(-17.5%) in the United States in Technician/Specialty/Support Staff compensation (USD 131,998 in 2019 compared to USD 160,000 in 2018).Supervisor/Superintendent/Lead compensation has marginally decreased by 2.2% since 2016.Canada(n 200)MiddleEast(n 146)North Seaand NorthAtlantic(n 335)NorthernandCentralAsia(n 84)SouthAmerica,Caribbean,and Mexico(n 158)South,Central,andEasternEurope(n 117)SoutheastAsia(n 186)GlobalMeanPercentChangefrom2016 to2019Total Compensation by JobCategory and Work RegionUnitedStates(n 1,342)Africa(n 120)Oceania,Australia,and NewZealand(n 108)Executive/Top Management 533,825 347,631 254,902 196,461 246,253 232,865 141,101 327,822 687,946 135,710 426,50927.7%Manager/Director 290,779 250,778 226,117 198,805 222,633 189,284 218,805 131,058 207,635 216,984 245,4262.0%Supervisor/Superintendent/Lead 237,746 176,438 181,749 141,354 144,987 170,473 78,462 89,170 129,104 107,954 174,077-2.2% 203,478 85,388 167,777 118,348 149,568 138,179 61,157 67,324 97,629 88,497 160,3395.8% 131,998 58,393 123,669 151,271 170,419 107,855 30,285 39,024 57,891 33,377 ician/Specialist/SupportStaffCopyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 5
Figure 4Job Function and Work RegionOceania,Australia,and NewZealand(n 108)NorthernandCentralAsia(n 84)SouthAmerica,Caribbean,andMexico(n 158)South,Central,andEasternEurope(n 117)SoutheastAsia(n 186)GlobalMean 16,771 71,151Canada(n 200)MiddleEast(n 146)NorthSea andNorthAtlantic(n 335) 71,026 27,781 74,684 25,259 35,387 28,432 63,916 53,361 42,973 124,257 150,176 195,990 131,566 47,302 110,309 54,496 144,642 142,139 256,124 125,084 117,705 92,000 65,132 64,697 135,545 100,402 81,547 143,271 104,861 207,790 41,503 90,757 129,308 158,464 107,109 103,009 154,601 106,407 132,158 109,044 66,629 147,064 158,329 155,590 123,563 107,413 137,968 111,407 102,622 119,469 120,486 157,574 41,951 183,138 79,968 98,359 119,002 62,622 86,394 73,520 28,884 131,404 173,807 81,452 159,970 93,774 115,505 113,739 32,465 74,402 70,605 73,933 130,696Engineering – Reservoir 194,850 109,734 151,687 132,596 141,602 120,244 36,206 68,469 95,399 70,410 151,742Engineering – Other or Combination of Above 186,062 122,272 139,049 113,382 206,954 128,337 120,581 86,803 143,224 105,339 158,352Finance or Administration 247,645Geophysics/Petrophysics/Physics 199,780 81,977 202,285 75,560Non-Engineering Technical 112,806 13,264 156,560 92,876Professional Training 200,350Research 142,644Sales or Marketing 139,149Other or Combination of Above 221,253Base Pay by Job Function and Work RegionUnitedStates(n 1,342)Africa(n 120)College/University/Academic 130,666 23,958Computer or Information Technology 177,909 176,987 108,911Earth Science/Geology 188,847 118,536 179,587Engineering – Chemical/Chemistry 158,886 116,563Engineering – Civil/Construction/Facilities 171,790 30,560Engineering – Completions 173,023 157,132Engineering – Drilling 206,139Engineering – Health/Safety/Environment 182,929Engineering – ProductionDigital Technology (Hardware) - Automation,Robotics, IIoT, Edge, AR/VRDigital Technology (Software) - Data Science,Data Analytics, Digital Engineering 79,590 129,481 74,112 78,849 55,089 182,069 185,767 382,870 97,971 65,261 170,304 92,307 183,317 97,954 126,140 21,185 126,112 41,087 123,448 102,223 200,000 15,369 77,962 125,682 149,000 133,319 14,130 92,445 76,918 102,384 130,528 104,507 223,447 248,739 109,143 89,498 209,383 85,000 132,872 51,790 60,448 27,567 57,859 78,237 60,000 41,944 50,396 103,830 93,477 189,166 122,402 50,102 256,000 114,834Copyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org 44,634 40,128 135,214 64,746 113,832 141,368 75,583 123,438 175,549 174,986 194,062 119,370 78,730 53,808 102,8782019 SPE Membership Salary Survey 6
Figure 5The Impact of Gender – Experience Level and CompensationAcross all job levels, females reported fewer years of oil and gas industry experience than males. In most job categories, females continue to earnless overall compensation than males. Female Technician/Specialist/Support Staff, however, earn considerably higher base pay than males, despitehaving an average of four years less experience in the oil and gas industry. While total compensation for Technician/Specialist/Support Staff hasdeclined by four percent overall since 2016, females have gained 22.6% while male compensation decreased by 13%.For overall Professional/Individual Contributor respondents, there was an increase of 5.8% in total compensation since 2016. MaleProfessional/Individual Contributor total compensation increased 6.1% on average, while females Professional/Individual Contributor totalcompensation only gained a 0.4% increase on average. Manager/Director total compensation increased two percent overall since 2016, but malecompensation grew by 2.7% while females grew by 1.9%.Compensation by Gender and ExperienceFemaleMaleExecutive/ ian/Specialist/SupportStaffExecutive/ ian/Specialist/SupportStaffAverage Yearsof Experience inOil and Gas29181711123025191516Number ofRecords114354228382174694641,102117 230,161 146,491 120,239 104,350 115,174 250,497 183,415 140,172 131,339 80,737 151,249 51,213 16,629 25,154 11,510 182,851 67,403 37,887 35,513 9,528 381,410 197,704 136,868 129,393 126,684 433,348 250,818 178,059 166,852 3.0%Average BasePay (USD)Average OtherCompensation(USD)Average TotalCompensation(USD)Percent Changefrom 2016 to2019Copyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 7
Figure 6The Impact of Gender – Base Pay Increase and DecreaseThe majority of respondents reported either an increase or no change to their base pay since 2018.Females continue to report improvements in base pay year over year (67.4% in 2019, 65% in 2018, 57.2% in 2017, and 41.4% in 2016). Malesshowed similar increases as those reported in 2018 (63.8% in 2019, 64% in 2018, 48.3% in 2017, and 35.0% in 2016).Respondents' Change in Salary Since July 2018 by e20%10%3.9%2.9%0%IncreaseNo changeCopyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.orgDecrease2019 SPE Membership Salary Survey 8
Figure 7Change in Base Pay by RegionAs in 2018, nearly two-thirds of respondents (64.5%) reported an increase in base pay during the period of 30 June 2018 to 30 June 2019.Respondents in Northern and Central Asia indicated sizable increases in base pay in 2019 compared to 2018 (63.1% in 2019; 47.2% in 2018). NorthSea and Northern Atlantic and South, Central, and Eastern Europe regions also experienced increases in base pay in 2019 (up 10-11%).Change in Base Pay by %26.6%10.1%3.0%United States4.2%Africa4.6%Oceania,Australia, andNew Zealand4.5%CanadaIncrease in Base Pay2.7%Middle East3.6%North Sea andNorth AtlanticNo Change in Base Pay4.8%1.7%4.3%Northern and South America, South, Central, Southeast AsiaCentral Asia Caribbean, and and EasternMexicoEuropeDecrease in Base PayCopyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 9
Figure 8Average Base Pay Change by RegionThe overall average increase in base pay in 2019 was 13.4% compared to 8.9% in 2018. In the United States, the average increase in pay was 29.1%compared to 9.2% in 2018. Likewise, in South America, Caribbean, and Mexico the average increase in 2019 was 32.3% compared to 11.8% in 2018.The Middle East had increases in base pay with 18% in 2019 compared to 6.3% in 2018.Of those who had decreased base pay, the average decrease in 2019 was -19.0%, which is considerably less substantial than the -27.7% averagedecrease in 2018.Average Base Pay Change by Base 30%-40%Oceania,Australia,and NewZealandCanadaMiddle East North Sea NorthernSouthSouth,Southeastand North and Central America, Central, andAsiaAtlanticAsiaCaribbean, Easternand Mexico EuropeDecreaseIncreaseCopyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 10
How to Learn MoreThis report represents a sample of current compensation in the industry. This report is available at www.spe.org/industry/oil-and-gas-salarysurvey. A detailed summary report containing charts and descriptive statistics of trends and more information on the jobs, geographies, andemployer types will be available through the SPE Bookstore at http://store.spe.org/ in November 2019.SPE will make the detailed PDF summary report available to download through the SPE Bookstore at a USD 50 member price and USD 125nonmember price.A file containing the raw data from the survey responses will be available for download through the bookstore to provide the opportunity forindividual analysis and localization of data. Pricing for access to data for analysis will be USD 225 for SPE members and USD 425 for nonmembers,also available in November 2019. The data file comes bundled with the detailed summary report.Inquiries regarding purchase may be addressed through the SPE Bookstore website. Other questions regarding the survey can be addressed tosperesearch@spe.org.Thank you for your interest in this important project and your continued support of SPE.The SPE Research TeamCopyright 2019 Society of Petroleum Engineers 222 Palisades Creek Drive, Richardson, Texas 75080 USA 1.800.456.6863 www.spe.org2019 SPE Membership Salary Survey 11
2019 SPE Membership Salary Survey Highlight Report On 10 July 2019, the Society of Petroleum Engineers (SPE) sent invitations to 84,541 professional members to participate online in the annual SPE Membership Salary Survey. The survey asks about members' compensation for the period of 30 June 2018 to 30 June 2019. By the close of the
