Over the last 24 months, energy firms have struggled mightily due to a prolonged slide in commodity prices. While boom and bust cycles aren’t anything new for the sector, companies are reconsidering whether mass hiring and layoffs are the best way to manage those swings.
When the industry gets back to a reasonable level of activity, there’s going to be a supply crisis of experienced personnel. The hiring needs within the industry are significant. In the next 10 years, experts predict the UK alone may require as many as 125,000 new workers and to make matters worse, the workforce that was let go over the past two years may no longer be there, waiting to return to work
The next five years are critical to ensure the older generation stands shoulder-to shoulder with younger workers, sharing experience and knowledge. To deal with it, companies will need to think about how they can accelerate mentorship opportunities between more experienced employees and younger generations stepping in to replace them.
The Future Talent Insight Series acts as a definitive guide on what talent want from your industry. Each year, Universum surveys the professional expectations of more than 1,000,000 career-seekers from 55 countries, and publishes dozens of reports on the top issues affecting global talent and the companies that hire talent. In this report, part of our Future Talent Insight Series, we uncover what university students look for from future employers in renewable energy, oil, and gas – and how companies can translate these findings into actionable steps for HR, recruiting and C-level leadership.
This Energy sector report is based on a survey of the attitudes and preferences of STEM and business students who indicate they would like to work in energy sector. Students were able to choose up to three preferred industries. Global findings are based on a weighted average of country GDP.
Canada, China, Colombia, Czech Republic, Denmark, Germany, Finland, France, Hong Kong, Indonesia, India, Ireland, Italy, Japan, Kazakhstan, Malaysia, Mexico, Netherlands, Norway, Philippines, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United States and Vietnam.
Number and types of respondents:
Universum’s 2016 Future Talent Insights Series investigates the attitudes and behaviors of Millennials finishing their university studies. Questions answered in these reports include:
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