Alvarez & Marsal’s (A&M’s) Compensation and Benefits Practice is pleased to share the results of our 2021/2022 Oil and Gas Oilfield Services (OFS) Compensation Report. This report analyzes compensation arrangements for executives and boards of directors at the largest U.S. OFS companies. Once again, we partnered with Equilar, who added commentary on their research and observations regarding compensation trends across numerous industries.
Key findings include:
Effective compensation programs are critical to attract, retain and drive performance of executives. Boards of directors should ensure that their executive compensation programs are aligned with market throughout each potential phase of a company’s lifecycle, including initial public offering, transaction/merger, steady state and bankruptcy. This report includes detailed market information on executive compensation for each of these phases.
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