Tuesday, August 17, 2010

How do office jobs with oil and gas companies compare with office jobs elsewhere, and are they stable?

I'm an employer in a metropolitan area in Texas and one of my employees, who I pay very well and has great benefits, informed me this week that she landed a job with an oil and gas company which will pay her more than twice the rate of a VERY well paid accounts payable and receivables administrative assistant. She even told me that she loves her job with my company, but she just can't ignore the staggering pay she'll be getting at the oil and gas company.





This leaves me wondering how these oil and gas companies can have such high paying jobs. Are they stable? Why are they so high paying? Anyone have any experience with such jobs?

How do office jobs with oil and gas companies compare with office jobs elsewhere, and are they stable?
I worked with a natural gas and electricity company, they went from millions in assets with the father who started it, to almost bankruptcy with the kids that ended up trying to run it.





All energy markets are volatile at any given time. You see how much the markets affect consumers with prices at the gas pump alone, heating oils, hurricanes taking out rigs, demand, storage and foreign wars causing a reduction in the supply chain.





I really don't think they pay any more, mine was making big money but they thought very little of their staff and were constantly replacing people. I finally got laid off when times were bad and never did get the bonuses or commission due to me. If they pay well, there will always be people applying and if they find this person's not up to the job, highly paid jobs attract thousands of applications.





It could be a ruse to have you up the pay for this particular employee. If it's more money, it's more income tax to pay too and likely a hefty increase in the workload. There are sites you can go to on the internet that show average incomes for administrative and other jobs in all areas across Canada (where I am), and in the US. Benefits alone, pension and health plans aren't often taken into account by some employees. If this employee has job security a fair wage and benefits, she would a fool to leave it for an industry that goes up and down like an elevator!





Call the bluff and see what happens. She is obviously not happy and if it's only the money that she's leaving for, let her go and hire someone that truly needs the job, shows some loyalty and appreciates what benefits are. People that brag of better things are often talking nonsense or are too immature to realize the benefits, a good working environment and peace of mind, far outweight the almighty dollar.





Good luck in your endeavours to replace this person. Most leave without saying such undermining comments, this person has shown no tact and as such, you are the winner by letting her go.
Reply:With the price of fuel and oil, I would say that the companies are very stable!

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