Thread: WA Oil and Gas wages

It’s seems that Western Australia’s expanding Oil & Gas industry is leading the world when it comes to pay, with experts agreeing salaries will keep on growing. The Recruitment firm Hays’ Oil and Gas Salary Guide 2011, found Australia to be the top paying nation for the past two years. The firm surveyed nearly 11,000 Oil & gas workers worldwide. “Three-quarters of respondents expect salaries to increase in the next 12 months,” the report said, with the average yearly salary for local and foreign labour in Australia hitting $144,000. Business research firm IBISWorld also named Oil and Gas as this financial year’s top industry performer, with the forecast to grow 18.3 per cent to reach $41.2 billion according to Perth Now.
John Nicolaou Chamber of Commerce and Industry WA chief economist said earnings in the oil and gas sector attracted a substantial premium over other sectors, creating challenges for competing areas of the economy.
“The premium is about 165 per cent higher than the average weekly earnings of an everyday employee outside of that sector,” Mr Nicolaou said.
Speaking at a recent industry conference, Australian Mines and Metals Association chief executive Steve Knott said as of February, full-time adult earnings in the mining industry, which included the oil and gas sector, were almost $110,000 a year. That compared with about $67,000 across all other industries.

Great wages if you can handle living in some of those places but it doesnt appeal to me.

Its great if you are a young man with no ties but for a family man with young kids its a no thankyou. All the money in the world can't buy back quality time with your kids and being around for them.

Have to agree they are years that you can't get back. Family is more important than money, although some days I do wonder

If my OH could get work in the mines he'd try it but I doubt we'd last long....its a nice idea and if you can do it short term maybe but once you get used to that amount coming in how do you go back?

We just dont value money enough to ever consider it, all we want is a comfortable lifestyle where we can preferably work together at home.

That would be nice, I couldnt be with my OH 24/7 though, much as I love him, he'd get on my wick and Id get on his. Ideally I would work 2 or 3 days a week and Oh would make a mint working 6-2 and be home every afternoon/evening. id like enough money to comfortably pay my bills/mortgage with enough left over for a couple of holidays a year one of those being a trip to the UK to see family and friends, be able to have a few luxuries and save a bit too...not asking for much am I?!