Scotland’s oil and gas industry enjoys highest wages

A report commissioned by s1jobs has revealed that the Oil & Gas industry is the top earning sector in Scotland.

Scotland’s largest recruitment platform, s1jobs, assessed the average salaries for non-management role within the top five highest earning sectors between 2012 and 2014.

The top five industries were:

1. Oil & Gas
2. IT & Telecommunications
3. Financial Services/Investments
4. Engineering/Technical
5. Procurement

Oil & Gas and IT & Telecommunications have shown substantial growth year-on-year.

The average salary for Oil & Gas roles advertised on s1jobs website in 2014 was £47,168 while in IT & Telecommunications it was £43,930. The figures represent a £5000 and £4000 increase respectively for the sectors over the two-year period.

Comments

Gavin Mochan, Head of Sales with S1 jobs, commented: “The high salaries in the Oil & Gas Sector will not be a surprise to many and our findings do reinforce that the industry is growing faster than others in Scotland.

“However, it’s fantastic to see specialist skills such as IT/Telecommunications also enjoying similar growth and not trailing very far behind.

“In general these findings illustrate a very healthy picture of the job market in Scotland, following such a tough economic period and we are definitely seeing very positive signs from a recruitment perspective.

“The number of jobs advertised on the s1jobs site in May was at its highest levels since February 2009. There are literally new jobs flooding the market as companies prepare to sprint out of recession.”

Adapted from press release by Katie Woodward

Read the article online at: https://www.worldpipelines.com/business-news/11082014/oil-and-gas-professionals-are-scotlands-highest-earners-1239/