Petrochemicals, renewables remain the biggest sources of competition for talent: GETI 2020

4577660624 e327272103 cPetrochemicals, renewables remain the biggest sources of competition for talent, winning the votes of 43 per cent and 32 per cent of those open to switching sectors

This is according to the fourth annual Global Energy Talent Index (GETI), the energy recruitment and employment trends report.

The report by Airswift, the workforce solutions provider for the energy, process and infrastructure sectors, and Energy Jobline, the leading jobsite for the energy and engineering industries, has also revealed that nearly half of sector professionals believe that their employer does not regularly invest in their training and development and one-in-three claim not to have received any training in the past year.

Of those who do receive regular training, most said it relates to improving their current job performance. Few training recipients say it relates to skills beyond their current job (18 per cent) or to further their career (14 per cent).

Janette Marx, CEO at Airswift, said, “The oil and gas sector is blessed with a highly engaged workforce. The question is how to keep ambitious and motivated professionals engaged throughout their careers. Training and development opportunities are clearly a very important piece of the puzzle.

“However, I suspect that there is a perception issue at play in these results. Of course, there is room for improvement and companies should always look to improve the training on offer. But they should also work hard to communicate the opportunities that are already available to make sure employees are aware and able to make the most of them.”

Major findings within oil and gas include:

-Remuneration continues to rise. Forty-two per cent of professionals have seen an increase in pay over the past year, with one-in-five reporting a rise of more than five per cent

-Two-thirds (64 per cent) of non-hiring professionals expect further pay increases in 2020, with 40 per cent eyeing raises above five per cent. Hiring managers report broadly the same expectations: 66 per cent and 40 per cent respectively

-Ninety-one per cent of professionals would consider relocating to another region for their job, with career progression opportunities the number one factor attracting talent to a region

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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