The Final Survey Report for the 2015 PSAC Total Compensation Survey is available to participants for on-line access. A user name and password is required.
PSAC has been unable to secure the minimum number of participants needed for a robust 2016 PSAC Total Compensation Survey, and after much serious deliberation and consultation with members, we have decided not to proceed with production for the 2016 survey cycle.
In speaking with members, there remains strong support to continue with the survey, however the ongoing low commodity price has forced many members to make tough choices. PSAC has heard that while the number of participants is not at the required level today, changes to the economic situation could result in a stronger response later this year for either a complete survey or perhaps a ‘trends only’ survey.
PSAC would be happy to hear your suggestions to any aspect of the survey – our goal is to ensure we are producing a meaningful report that meets the needs of you, our members. If you have any suggestions regarding the timing of production or the type of information collected and reported on, please contact Doug Journeay at email@example.com.
The PSAC Total Compensation Survey, commissioned annually by PSAC and conducted by Towers Watson, analyzes current salary and benefits practices in the petroleum service, supply and manufacturing industry. In 2015, detailed data was collected and analyzed for just over 28,400 employees from 62 companies. Data were received for 281 positions, including executive, senior and middle management, supervisory, technical, professional, field, manufacturing and administrative areas.
Included with the Survey Report, the Benefits component provides a more complete picture of total compensation, and further enhances the value of the Survey Report for members.
This Survey is an excellent tool for budgeting purposes and staying competitive with your compensation packages. Invitations to participate in the Survey are sent out in January each year, data is collected during April and May and the Final Survey Report is published in July. The Survey is only available to participating PSAC Regular and CAODC members. Contact PSAC at firstname.lastname@example.org or 403.781.7381 to find out how you can participate in next year’s Survey. Survey participants: Find answers to the most Frequently Asked Questions about completing the Survey and managing your data.
Please note: You require a separate user name and password issued by PSAC for each year to be able to access the Final Report and position data.