Highlights from the 2012 Salary Survey
- Salary Survey Highlights from the 2012 Salary Survey Compensation in the petroleum industry in 2012 continues to follow the growth trend of recent years, with an overall calculated increase in total compensation of 9.3 percent, or an average self-reported income of USD 223,472 in 2012 compared to USD 204,368 in 2011.
- Respondents reported an overall net change of 6.4 percent in base pay from 2011 to 2012 compared to a 6.3 percent net change in 2011.
- Mean base pay increased by 12.4 percent from USD 148,301 in 2011 to USD 166,753 in 2012.
- Bonus and extra income remained steady at more than USD 56,000 from 2011 to 2012.
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The detailed report for this study is available through the SPE Bookstore for purchase in electronic format at www.spe.org/store beginning in late November.