Embed Size (px)
Citation preview
viewpoint
www.atrium.group.com/us
Pay coverage
for oil and gas Middle East
What Shell is saying... “Within Shell, pay benchmarking is an important part of our process to ensure competitive pay. We have a global approach and have been using Hay Group PayNet for more than six years, currently in 45 countries. Shell has its own benchmarking methodologies, so we like the flexibility of the PayNet system where we can analyze data based on our needs for each individual country. We are working closely with Hay Group, providing them with input to leverage the value PayNet can give to a global company such as Shell. ”
Hay Group continues to extend our reach across the Middle East to get the most robust oil and gas compensation and benefits information currently available. Since 2011, we have seen an average of 14 percent in regional database growth through annual survey participation.
Compensation reporting continues to trend in the Middle East
Pay coverage for oil and gas in the Middle East
Regional report highlights
Gulf oil reportHay Group offers results from the Gulf oil survey covering salary administration, pay policies, cash allowance and incentives. This report is represented by 6 Gulf countries and 148 organizations reporting on 343 oil and gas positions.
www.atrium.haygroup.com/us
Saudi Arabia26% growth
Oman24% growth
Cyprus25% growth
Turkey22% growth
Iraq reportHay Group also offers options from the Iraq survey covering information reported from over 40 organizations. Reports available include the Iraq oil and gas sector report representing over 20 organizations and the Iraq Kurdistan region report representing over 25 organizations.
More reports available - contact us for more information.
All nationalities Nationals Eastern and Arab expatriates
Western expatriates
% of nationalities in the database 100% 1% 30% 1%
Pay differentials by nationality
Source: Hay Group 2012 Gulf Oil Report
Compensation elements
All nationalities Country nationals Eastern and Arab expatriates
Western expatriates
Base salary 100% 110% 94% 119%
Total Cash 100% 120% 93% 129%
Nationality differentials
Source: Hay Group 2012 Gulf Oil Report
Countries Database information Industry segments Job famlies Reward elements
CyprusTurkeySaudi Arabia*Oman*Qatar*UAE*BahrainLibyaJordanSyriaKuwaitEgyptIraq*
Over 130,000Incumbents
Over 200 Organizations
Integrated oil and gas
Exploration and production (upstream)
Oil field services
Refining, marketing and distri-bution (downstream)
ExplorationPetroleum engineering and productionRefiningPipelineEnergy marketing and tradingDiving operationsRemote operated vehiclesMarine operationsEngineeringLogistics/supply chainProductionQuality assuranceHealth and environmentResearch and developmentProject managementFinance and accountingInformation technologyHuman resourcesLegalCorporate affairsMarketingSalesExecutive management
Cash data ■ Base Salary ■ Basic Salary ■ Short-term
incentives ■ Long-term
incentives
Prevalence and practice data
■ Nationalities ■ Allowances ■ Differentials
■ and more
* Highlights countries with greatest database strength.
Hay Group continues to extend our reach across the Middle East to get the most robust oil and gas compensation and bene�ts information currently available. Since 2011, we have seen an average of 14 percent in regional database growth through annual survey participation.
Compensation reporting continues to trend in the Middle East
Pay coverage for oil and gas in the Middle East
Regional report highlights
Gulf oil reportHay Group o�ers results from the Gulf oil survey covering salary administration, pay policies, cash allowance and incentives. This report is represented by 6 Gulf countries and 148 organizations reporting on 343 oil and gas positions.
www.atrium.haygroup.com/us
Saudi Arabia26% growth
Oman24% growth
Cyprus25% growth
Turkey22% growth
Iraq reportHay Group also o�ers options from the Iraq survey covering information reported from over 40 organizations. Reports available include the Iraq oil and gas sector report representing over 20 organizations and the Iraq Kurdistan region report representing over 25 organizations.
More reports available - contact us for more information.
All nationalities Nationals Eastern and Arab expatriates
Western expatriates
% of nationalities in the database 100% 1% 30% 1%
Pay di�erentials by nationality
Source: Hay Group 2012 Gulf Oil Report
Compensation elements
All nationalities Country nationals Eastern and Arab expatriates
Western expatriates
Base salary 100% 110% 94% 119%
Total Cash 100% 120% 93% 129%
Nationality di�erentials
Source: Hay Group 2012 Gulf Oil Report
Countries Database information Industry segments Job famlies Reward elements
CyprusTurkeySaudi Arabia*Oman*Qatar*UAE*BahrainLibyaJordanSyriaKuwaitEgyptIraq*
Over 130,000Incumbents
Over 200 Organizations
Integrated oil and gas
Exploration and production (upstream)
Oil �eld services
Re�ning, marketing and distri-bution (downstream)
ExplorationPetroleum engineering and productionRe�ningPipelineEnergy marketing and tradingDiving operationsRemote operated vehiclesMarine operationsEngineeringLogistics/supply chainProductionQuality assuranceHealth and environmentResearch and developmentProject managementFinance and accountingInformation technologyHuman resourcesLegalCorporate a�airsMarketingSalesExecutive management
Cash data ■ Base Salary ■ Basic Salary ■ Short-term
incentives ■ Long-term
incentives
Prevalence and practice data
■ Nationalities ■ Allowances ■ Di�erentials
■ and more
* Highlights countries with greatest database strength.
The market is still developing and drastic changes and continuous salary increases for the short term are expected as more and more jobs become available in the market. The scarcity of talent will continue to bite, leading to higher pay for talented people with technical skills that will put further upward pressure on salaries. Mirna Charaf El Dinne, Hay Group consultant in the Middle East.
www.atrium.haygroup.com/us [email protected] 1-800-716-4HAY
