The International Energy Agency's World Energy Employment Report shows that wages in the energy industry are still higher than in other industries, with mature industries such as oil, gas and nuclear power offering more competitive wages. This is due to a higher proportion of skilled labor, with nuclear, oil and gas jobs typically requiring a bachelor's degree. However, this wage gap creates challenges for workers switching from fossil fuels to renewable energy industries. The IEA's 2023 Energy Employment Survey showed that about 60% of companies raised wages last year to attract workers.