A report Monday by the City said workers from the UK’s biggest oil and gas companies are paid twice as much as bankers.
“A shortage of skilled workers in the oil and gas sector, coupled with soaring demand, has pushed up salaries,” the Banc De Binary research found.
Oil and gas firms listed on the London (FTSE 100) stock exchange pay an average of £106,660 ($180,000) in salary, pensions and bonuses per employee.
Top banks pay £54,608 ($91,000), the study said.
“In the oil and gas sector, BG Group pays the most to its staff, averaging at £119,390, ($200,000) followed by Tullow Oil, where the average is £106,740 ($179,000).