Lower than expected oil prices are anticipated to cause a moderate to high impact on financials across the downstream and oilfield services sectors, according to Mercer’s Energy Spot Poll conducted in September 2020.
With the current economic environment, adapting processes efficiency is key. This likely means you’ll need to take a closer look at your compensation offerings, to ensure they support your talent strategy long term.
See what your competitors are paying for 75 critical roles in this sector with compensation data from 135 organizations across the country. With base pay, STI/LTI, and other organizational data, strategically position your organization using the data found in the Downstream and Oilfield Services module of the
US MTCS | Mercer Total Compensation Survey for the Energy Sector
. Key industry segments included are:
Services and Equipment
Current, reliable data
In light of the economic and workforce changes brought on by the COVID-19 pandemic, Mercer conducted a “data refresh” in September to address any market movement that occurred after the initial survey participation period. You will receive the results of the refresh free with your purchase.
This added step to ensure you have access to the most current, reliable data means you can move forward confidently with your pay decisions knowing that your data accurately reflect the market.
Do you have the data to support your talent strategy?
1 US Energy Spot Poll – September 2020 Results: Energy Industry Response to Low Commodities Prices