Oil and gas professionals are unsatisfied that their pay packets have failed to rise with inflation, research conducted by Change Recruitment Group has revealed.

"More than a quarter (26%) said they believe they are not appreciated by their organisation."

The Change Recruitment Group survey discovered that almost half (48%) of oil and gas professionals have not received inflationary pay rises within the last two years.

Only one in ten respondents said that there were structures in place within their organisation to ensure that pay keeps pace with inflation, while a fifth (20%) said they had received no pay rises at all.

Almost 73% felt that they would be paid better if they worked for a different organisation and, interestingly, more than half (54%) of respondents thought the benefits would be better if they jumped ship.

More than a quarter (26%) said they believe they are not appreciated by their organisation.

Three quarters (75%) also confessed to job hunting, with almost half (44%) of those looking for a move doing so in order to take a step up.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Change Recruitment Group international managing director, Laura Drysdale, said the failure of pay rises to keep pace with inflation ultimately amounts to a backwards step in earnings for employees.

"It is really disappointing to see that only one in ten organisations have the appropriate structures in place to assess pay," Drysdale added.

"However, if remuneration is the only gripe an employee has, then I would advise them to speak to their current employer and put their case forward for a pay rise before embarking on a search for a new job."

Change Recruitment Group is an independent recruitment consultancy and it employs around 100 members of staff across its Glasgow and Edinburgh offices.