Umbrella company contractors might be interested to learn that a new survey has revealed that for the first time in three years, the oil and gas industry predicts more job opportunities are to be created rather than lost over the next year.
The data, carried out by NES Global Talent and oilandgasjobsearch.com, surveyed more than 3,000 employers and almost 7,000 workers as part of their Oil and Gas Outlook 2017 report. It showed that in total almost 60% of employers expect to recruit significantly over the next 12 months. Of those almost a quarter (23%) of employers expect to increase their workforce by 5%; almost a fifth, (19%) expect to increase staffing by between 5 and 10%; and more than a sixth (17%) by more than 10%.
Tig Gilliam, CEO of NES Global Talent, commented, “Globally we are now increasingly confident that the market supports increased investment in the energy sector. Energy companies with the support of their partners have right-sized their organisations for the current levels of activity. With a stabilised price environment and lower cost profile more and more assets offer attractive returns on investment and operations.
This increasing activity is leading the higher performing companies to refocus on quality people to lead and deliver value.” Alex Fourlis, Managing Director of Oilandgasjobsearch.com, added, “There is a sense of positivity throughout the guide the likes of which we haven’t seen since 2013 and can be read as an indication of a potential stabilisation of the oil market. This is key to kick-start projects that haven’t been viable for a while and will have a positive effect on job volume and salaries across the industry.
Comparing the number of jobs posted throughout the industry YTD to the end of July vs the same period in 2016, there has been a 2% increase year on year with jobs from corporates up by 8%.”