Global competition for talent in the oil and gas industry remains intense for skills that require long development times. New talent competitors have arisen in petrochemicals, mining, construction, and soon nuclear for technical talent and project management skills. Mercer’s global Oil & Gas Talent Outlook and Workforce Practices Survey, which collected data from 109 companies, indicates that employers are increasingly relying on attracting workers from competitors versus building their own pipeline of talent. This trend must abate if the industry is to meet future energy demands.
“The widely embraced strategy in the oil and gas industry of ‘poaching from the competition’ is simply not viable or sustainable,” said Philip Tenenbaum, Senior Partner and Global Leader of Mercer’s Energy consulting practice. “A more strategic approach to both talent acquisition and workforce management that focuses on innovation and execution is required for oil and gas industry members who hope to become leaders and separate themselves from the competition.”
Learn more about talent issues in the oil and gas industry.
Embed the above image on your site
<a href="http://mthink.mercer.com/competing-for-talent-in-the-oil-and-gas-industry/"><img src="http://mthink.mercer.com/wp-content/uploads/2014/06/140530-Mercer-130-OilGas.png" alt="Competing for Talent In the Oil and Gas Industry" title="Competing for Talent In the Oil and Gas Industry" /></a><br /><a href="http://www.mercer.com/">Infographic by Mercer Insights</a>