The price of a barrel of oil is volatile, but is your HR compensation, benefits, and policies keeping up with the market demands of human capital? New roles are emerging with renewable energy and technology and organizations continue with M&A activities to remain ahead in the market. Understanding which jobs are critical, which benefits are competitive, which skills and policies are in the market will allow your organization to offer a robust employee experience and a higher level of employee engagement. Position your organization for the future and spend salary budgets wisely with a data-backed total rewards strategy that helps you secure the talent you need.

Assess your competitive market position with data from the US MTCS | Mercer Total Compensation Survey for the Energy Sector. Ensure you have the right compensation package for your current and future employees with this energy industry survey containing industry compensation data for 1,595 positions from nearly 400 organizations across the United States. Since Mercer understands your need to peer against industry subsectors, we offer data by:

• Upstream – Oil & Gas Exploration and Production
• Midstream – Pipeline/Transport & Storage
• Downstream – Refining and Distribution
• Drilling
• Energy Marketing & Trading
• Chemical
• Renewables sector
• Services & Equipment
• Utilities

Are you ready to redefine your compensation strategy?

*Note: Table above is based off of 2021 MTCS survey stats.