Energy industry salaries much higher than national average
UK energy professionals receive a "significantly" higher average salary than workers in other industries a new survey has revealed.
The poll of 900 energy professionals across the UK shows that 74% of respondents earned in excess of £41,000 – compared to a national average of £26,244 in the past 12 months, with 69% also gaining a salary increase.
According to Hays Energy, which conducted the Salary and Benefits survey in partnership with the Energy Institute, the results suggest that energy professionals have remained a valuable asset despite the global financial crisis.
It also found that demand for energy professionals across the UK is growing, with more oil and gas professionals needed for both upstream and downstream roles.
Energy Institute international and professional affairs director Sarah Beacock, said: “This survey clearly shows that well qualified and experienced energy professionals are sought after and therefore highly valued.”
However, she added that in some areas of energy specialisms that there is a shortage of talent, saying that more needs to be done to encourage younger generations to develop their science, technical, engineering and mathematics skills.
© Faversham House Ltd 2023 edie news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.