2020 Midstream & Upstream Compensation Survey Results
We have recently completed and released the results for our 2020 Midstream and Upstream Industry Compensation Surveys. Once again, this year’s surveys revealed interesting findings in these sectors. Below are some of the key takeaways from each survey.
Midstream Survey »
- The median 2021 projected salary increase budget for all employees is 3.0%.
- The most commonly used financial and operational metrics for annual incentive plans are EBITDA and Safety, respectively.
- The most commonly used financial metric for long-term incentive plans is Relative TSR.
- 60% of respondents accelerate vesting of equity in the event of a change-in-control with a qualifying termination.
Upstream Survey »
- The median 2021 projected salary increase budget for all employees is 2.75%.
- The most commonly used financial and operational metrics for annual incentive plans are Free Cash Flow and Production-based, respectively.
- The most commonly used financial metric for long-term incentive plans is Relative TSR.
- 62% of respondents accelerate vesting of equity in the event of a change-in-control with a qualifying termination.
Questions? For more information visit our surveys page or contact Josh Whittaker.
