If qualified candidates could be had, 76 percent of energy companies would add people in 2008. Most arent optimistic, however.
By Garry Kranz Comments 0 | Recommend 0
Short on Energy: With oil prices surging past $100 per barrel, the precious
fossil fuel isn’t the only thing in short supply. According to consulting firm
Grant Thornton, executives in the energy industry face perhaps their toughest
recruiting and hiring challenges in coming years. In particular, according to
Grant Thornton’s 2008 Survey of Upstream U.S. Energy Companies, recruitment of
top-notch employees—and then being able to retain them—is as important as being
able to find new acreage for oil and natural gas exploration.
More than three-quarters of the energy companies surveyed anticipate hiring more
people in 2008. But those hiring projections may remain just that: projections.
Grant Thornton says 85 percent of companies expect to encounter “difficulties in
hiring and retaining employees,” a sharp increase from the 69 percent of
executives who felt that way a year ago.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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