Petroleum Engineering Survey 2023

Remuneration and Benefits (cont.)

Annual Shares 19%

Share Options 27%

An uplifting insight reveals 83% of Petroleum Engineers are pleased with their overall compensation package.

Other 13%

Retention Bonus 17%

Housing Allowance 38%

Car Allowance 40%

Travel Allowance 30%

Flexible Working 32%

Job Sharing 1.5%

Gym/Leisure Allowance 33%

Figure 17. Most Common Benefits (Multiple Choice)

Day Rate

Annual Salary

40%

6%

35%

Out of the total respondents, 38% are paid in GBP. Of which, 32% receive an annual salary, while 6% are paid on a daily rate.

30%

6%

25%

20%

32%

2%

15%

24%

1%

10%

14%

1%

5%

10%

4%

0

AED

EUR

GBP

USD

Other

Figure 18. Annual Salary VS Day Rate Vs Currency

18

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