86,5%
of workers have
been brought in
from abroad
80%
of the african
oil production
35%
of workforce
spending time on
over...
of 1

Infographic: Key HCM challenges in the Oil and Gas industry

Integrated human capital management solutions are key in an industry where the workforce is globally dispersed and aging, the organizational architecture complex and the nature of the business low-margin and capital-intensive. Such dedicated HCM solutions enable you to engage and retain talent as well as seamlessly integrate new teams especially in times of market instability. With the right processes and technology, you can reduce the risk and uncertainty of making critical enterprise and talent decisions by having accurate, real-time information at your finger-tips. Leveraging the simple user- interface and robust analytics, turn data into intelligence and gain confidence in the org and talent decisions you make for your enterprise.
Published on: Mar 3, 2016
Published in: Recruiting & HR      
Source: www.slideshare.net


Transcripts - Infographic: Key HCM challenges in the Oil and Gas industry

  • 1. 86,5% of workers have been brought in from abroad 80% of the african oil production 35% of workforce spending time on overseas activities 49.3 average age of oil & gas professionals 190,000 skilled workers are likely to retire in the next decade 17% of oil & gas companies see the lack of a skilled workforce as a problem 40,000 job cuts expected in 2015 TOP 3 PRIORITIES FOR 2015 Decrease the “poaching” of talent.#1 #3 Consider how to enhance cost effectiveness of HR delivery. #2 Freeze or cut compensation. THE KEY CAUSE OF SKILLS SHORTAGES 28.5% 21% 17.2% 16.6% 14.1% 2.6% Inadequate succession planning # of new professionals entering the industry Strict immigration laws Outdated skills sets Loss of manpower due to the retiring workforce Other EMPLOYER’S CONCERNS IN THE CURRENT EMPLOYMENT MARKET GLOBALLY Skills shortages Economic instability Environmental concerns Safety regulations Social unrest Other 29.8% 24.0% 14.7% 11.4% 9.3% 10.9% 100% Crude Oil Prices in 2014 Jan. Mar. May Jul. Sep. Nov. $100 $60 Please visit www.nakisa.com for more information or email nakisa@nakisa.com TOP HR CHALLENGES - OIL & GAS Sources: Hays, Global salary guide 2015 - Mercer, Managing human capital assets during a market disruption

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