The Battle for Skilled Talent in the Oil & Gas Industry
Orion CEO Mike Starich’s latest article, “Skilled Talent Shortage, Market Uncertainty Complicate Hiring in Oil & Gas” for Manufacturing.net, explores the skilled talent shortage being experienced in the oil and gas industry. The battle for talent in this industry is heating up, but there are ways to combat it.
Mike writes, “Labor shortages and tensions around tariffs and trade are frustrating hiring teams. When coveted talent is identified, hiring managers are still hitting pause before finalizing candidate offers. These combined factors leave little room for error in hiring processes and suggest that it’s time for companies to assess their weaknesses in this part of the operation.”
So how did the industry get here? Mike takes an in-depth look at what led to the shortage and the events that continue to contribute, including the 2014-2015 major workforce reduction and high employee quit rates. In particular, he reports that delayed hiring has a negative effect on budgets and employer brand.
By following Mike’s advice, many common hiring process flaws can be avoided. And, despite tight budgets, uncertain markets, and a skilled talent shortage, Mike explains that “this is a pivotal time to assess recruitment processes, address vulnerabilities, and get the talent pipeline in sync with the labor needs of the business.”
If you are ready to follow Mike’s advice and steel your business against prevailing market forces, you can learn more about Orion Talent’s Recruiting Solutions for the Oil and Gas Industry here. Orion has been the top solutions provider to every segment of the oil & gas industry since 1991. We are uniquely positioned to address the top recruiting issues you are facing today.