Beruflich Dokumente
Kultur Dokumente
2019
Contents
Methodology 4
Partner Directory 6
Petrochemicals 23
Power 39
Renewables 56
Nuclear 72
Summary 88
Since its inception two years ago, the Global It used to be that companies could simply raise
Energy Talent Index (GETI) has become a definitive wages to attract the talent they needed, but this is no
guide for workforce trends in the energy industry. longer the case. As the world has changed, today’s
We’ve achieved this by taking a bold look at the professionals now care about:
developments that are redefining how companies
attract, retain and develop talent. • Career progression – professionals are hungry to
learn new skills and take on bigger roles. More
This year is no exception. In 2018, respondents importantly, they want to know that they won’t
expressed great concern over the threat of a skills spend years waiting for promotions.
shortage in the years ahead. A number of factors
contributed to this, including: • Flexibility – today’s professionals are more
intrepid than previous generations in terms of the
• A vast wave of imminent retirements desire to work abroad, to develop fluid skill sets
and, if need be, to move to new sectors.
• Less young talent entering the field
• Culture – technology is at the heart of what
• The emergence of automation and the need for professionals want, from the chance to work with
more digital skills paradigm-shifting solutions to flexible working. A
working culture with an emphasis on technology
• A chronic shortage of women in the industry gives individuals the confidence that the industry
is evolving and not stagnant.
This year, we’re digging deeper to examine how and
where a potential skills gap could rear its head. Every Shifting recruitment strategies to address these
sector is in a different place – some are approaching desires will be a gradual process. Nonetheless, there
the inflection point where the demand for talent are actions that companies can quickly implement to
surpasses supply; others have already crossed it. help address pressing skill needs.
But regardless of whether a skills shortage has Digitalisation plays a key part in this. As digitalisation
arrived, the whole industry is at a crossroads. progresses, automation will address many of these
Taking the steps to identify and address points of more urgent needs head on. Automation also
vulnerability will dictate each sector’s ability to close promises to free up professionals from tedious tasks,
the gaps and secure brighter futures. enabling them to shift their skills to other areas of
importance.
In this report, we pinpoint the actions that sectors
can take to create those favourable outcomes. The Along with digitalisation, we advocate the sourcing of
solutions vary for each – from leaning on automation new talent from other energy sectors. Skill sets are
and training workforces for digitalisation to a much more transferable than hiring managers may
wholesale shift in workplace cultures. Yet, we’ve realise. While this may spur a fierce war for talent,
recognised one universal truth: money matters less.
GETI 2019 is the third edition of the annual GETI THE PIPELINE PROBLEM: FILLING
series, the energy industry’s biggest and best global
THE FUTURE TALENT FUNNEL
workforce trends report. This year’s index built on
last year’s success, with 17,000 respondents, from
Much more than a salary survey, each GETI takes a
162 countries and 150 nationalities, completing the
close look at the critical issues and challenges facing
42-question survey.
the energy industry. Past iterations have covered
The survey was open for nine weeks and closed subjects such as global and sector mobility, and the
in September 2018, when, with the help of project impact of digitalisation on the workforce – knowledge
sponsors and partners (see Partner Directory), GETI that the energy industry had long been calling for.
achieved its response target.
This year, we’re responding to your feedback. In 2017,
Airswift and Energy Jobline subsequently studied respondents across all sectors named the ageing
the data to draw out the key insights detailed in workforce as one of the most critical issues the
the report. In addition to the survey responses, industry faces. So, we’re taking a deep dive into the
Airswift analysed key industry and internal data in the issues – working to identify the intersection at which
following three tiers: the new talent entering the industry will no longer be
enough to make up for the skills lost to retirement.
• Active contractor headcount
And at which the industry could have a real crisis on
• Active contractor candidates looking for their next its hands.
role
When will we reach a crunch point? How will each
• Third party data benchmarks sector be affected? And, most importantly, what
should professionals and hiring managers do to
For ease of reference, salary and rates data has been
ensure their businesses cross the chasm? GETI seeks
averaged across several countries within one region,
to help readers answer these questions and more to
but more specific salary information can be provided
prepare for success in an increasingly competitive
upon request.
skills market.
Airswift is an international workforce solutions Energy Jobline is the leading specialist job board
provider within the energy, process and infrastructure for energy globally, hosting a database of over 1.5
industries. With more than 6,000 contractors and 700 million professionals, paired with a client base of
employees in over 60 offices worldwide, our talent over 400 energy employers and agencies, advertising
pool and geographical reach are unmatched in the over 26,000 energy jobs and placing circa 4,000
industry. professionals every month into new roles in the
energy industry. Energy Jobline advertises exciting
For 40 years, Airswift has been passionately
vacancies in the oil and gas, renewables, power,
transforming lives through the workforce solutions we
nuclear and petrochemicals sectors.
provide, including talent acquisition, global mobility,
managed solutions and consulting. Energy Jobline is the pioneer of energy recruitment,
hosting a 29 per cent exclusive database. Our
We provide strategic support to our customers,
job board is a significant value-add to any energy
resulting in trusted partnerships that are aligned and
employer or employee on a global spectrum.
efficient. Our team of experts are ideally positioned to
meet your needs, whether that is finding top talent, The subsectors we cover range from technical
mobilising people around the world, implementing an engineering to support/procurement. We have an
agile workforce strategy or improving decision-making engaged audience who use Energy Jobline for not
for workforce planning. only their job search, but also the latest energy news.
For more information, please contact us or visit our Whether you are looking for a new job opportunity or
website. looking to hire the best talent in the energy market,
please contact us to discuss in more detail.
geti@airswift.com
geti@energyjobline.com
www.airswift.com
www.energyjobline.com
Energy Voice is a global, digital news platform for the The Nuclear Institute is the professional membership
oil and gas, renewables and wider energy sectors. body for the nuclear industry in the UK.
Based out of Europe’s energy capital, Aberdeen,
We work with individuals and companies to facilitate
Scotland, Energy Voice is the authoritative voice on all
professional development and accreditation, nurture
North Sea developments and breakthroughs.
scientific expertise, share knowledge, and provide a
The platform has a rich global scope and is read in place for the nuclear community to interact.
more than 100 countries. It reports breaking news
Join us and get involved in shaping the future.
in all of the energy industry’s key hubs, including
Houston, Norway, Brazil, Russia, China, India and
Saudi Arabia.
1. DEMOGRAPHICS
AGE REGION
3%
3%
4% 4% l Africa
5%
28% l 65 or over 28% l Asia
16%
l 55 to 64 13% l Australasia
l 45 to 54 l CIS
l 35 to 44 l Europe
l 25 to 34 13% l Middle East
23% l 18 to 24 l North America
20%
25% l South America
15%
8%
23%
l Contractor
46% l Staff l Female
l Unemployed l Male
31%
92%
PERMANENT WORKER ANNUAL SALARY, USD (GLOBAL AVERAGE BASED ON SIX YEARS’ EXPERIENCE)
The oil price continues to rise. Thus, the optimism for and South America are most optimistic, with at least
future wage hikes has reached new heights. Sixty-five seven in ten anticipating a rise, whereas those in
per cent of workers believe their pay will increase in Europe, CIS and Australasia are far lower, at around
the next year; 39 per cent think that it will increase half.
by over five per cent. Professionals in Africa, Asia
PAY CHANGES AMONG WORKERS IN THE LAST 12 Rise Rise Stay the Fall Fall
MONTHS (non-hiring professionals) by > 5% by 0-5% same by 0-5% by > 5%
43%
50
“Many corporations are
40
reviewing salaries because they
30 21% 20% want to prevent other companies
20 12% from luring employees away.
10
4% Executives have told us that they
0 are genuinely afraid of having
Increased Increased Stay the Decreased Decreased talent poached.”
by > 5% by 0-5% same by 0-5% by > 5%
– Hannah Peet
Competition amongst oil and gas companies for talent
is also driving expectations for higher remuneration.
When the talent pool is scarce, companies will try
to use generous compensation offers to attract
individuals away from their competitors.
Offering higher wages may not always be the WOULD YOU CONSIDER RELOCATING TO ANOTHER
best strategy. According to respondents, money REGION FOR YOUR JOB?
or job security are no longer the top drivers for
global mobility. Instead, professionals want career
progression – and are more willing to move for it.
8%
This year, nine in ten oil and gas workers said they
would consider moving to another region. Thirty-
seven per cent said that they would leave in search of
l No
opportunities to grow their career, far higher than any
l Yes
other contributing factor.
50
37%
40
30
16%
20 11%
9%
4% 6% 6% 6% 5%
10
0
Culture
Better
technology
Career
progression
opportunities
Cost of
Lifestyle
More stable
political
landscape
Remuneration
living
Health and
standards
Tax
conditions
safety
To this point, the circumstances in the US Permian WHEN DO YOU THINK THE CRISIS WILL HIT YOUR
Basin can be seen as a warning sign for the talent SECTOR?
crunch that looms over the industry.
More sombrely, 40 per cent of professionals believe Younger oil and gas professionals are more
that a skills crisis is already here while an additional concerned about the skills shortage than their older
28 per cent anticipate the full brunt to take hold peers. Retirements open opportunities for career
within the next five years. Respondents in Europe, advancement; however, the lack of new talent to fill
Asia and South America were more likely to report roles may also lead to higher workloads for existing
that the talent crunch has hit their regions, whereas professionals, potentially hampering work-life balance.
the figures for North America were slightly below
average.
While shortages have yet to fully manifest, over half WHICH TYPE OF SKILLS IS MOST AFFECTED BY
of survey respondents said that engineering is the TALENT SHORTAGES?
most likely business function to be affected by an
impending talent crunch.
3%
3%
4%
WHICH DISCIPLINE IS MOST AFFECTED BY TALENT 7% 27%
SHORTAGES?
9%
10%
4%
8%
24%
13%
9%
55%
24%
l Corporate l IT
l Engineering l Project leadership
l Geoscience So what’s at stake for companies if a skills shortage
occurs? Over half of respondents said that decreased
efficiency would be the biggest risk, followed by
Meanwhile, the pool of available, blue-collar talent increased operating costs.
has shrunk rapidly. These skills are proving to be the
most urgent of needs, especially in regions like the
Permian, where rates are already at a premium.
“In the US, blue-collar skills
“In the US, blue-collar skills are more in demand than
engineering roles,” says Peet. “Again, it’s a regional
are more in demand than
trend that should serve as a warning for the rest of engineering roles. Again, it’s
the world.”
a regional trend that should
Hiring managers should bear in mind that problem-
solving and leadership rank the most highly among serve as a warning for the
the skillsets that respondents expect to be affected
by shortages.
rest of the world.”
– Hannah Peet
100
57% 54% 51%
75
44%
37% 34%
50
25 3%
Hiring
managers
100
58%
50% 51%
75
44%
35% 36% 35%
50
25 3%
Non-hiring
professionals
Damage to
morale
Decreased
efficiency
Increased
operating
costs
Loss of
business
Reduced
innovation
Reduced
productivity
Other
Increased
likelihood of
HSE incidents
Historically, the flow of talent in and out of the oil and money no longer talks among young professionals –
gas sector has correlated with the economic cycle. just 30 per cent of respondents under the age of 25
When the oil price went up, companies could lean believe that higher pay is a way to attract talent.
on generous pay to bring back veterans or attract
“Companies have a lot of catching up to do with their
graduates.
graduate recruitment schemes,” says Marx. “They’re
During the latest downturn, many oil and gas firms moving fast, but it will still take a few years for new
pulled back on university recruitment, graduate talent to arrive. Companies now realise that, no matter
schemes and apprenticeships. In most cases, these what happens economically, they need to consistently
programmes ground to a halt. The influx of young be putting money into their talent strategy.”
talent into the sector slowed.
All this being said, younger individuals in the industry
Now that the oil price is recovering, companies are very satisfied with their career choices. Eighty-
are pouring resources back into their programmes. one per cent of respondents aged 25 and under said
Unfortunately, they’re finding that these efforts are they would choose oil and gas if they were entering
not as fruitful. Competition is fierce. Technology firms the industry today. The pace of recruitment may have
are going after the pool of engineering students that slowed in the downturn, but the quality of these
would have normally flocked to oil and gas. efforts has remained strong.
IF YOU WERE ENTERING THE INDUSTRY NOW, WOULD YOU PURSUE A CAREER IN YOUR SECTOR?
80
70
60
50
14%
12%
40 13%
Don’t
know Don’t
11% Don’t
30 30% know
know
9% Don’t
27%
24%
know No
20 10% 20%
Don’t No
16% No
know
Don’t No
10
know 9% No
0 No
18 to 24
25 to 34
35 to 44
45 to 54
55 to 64
65 or over
HOW CAN COMPANIES IN YOUR SECTOR BETTER ATTRACT THE RIGHT TALENT?
100
75 53% 50%
49%
33% 32%
50 24% 21%
17% 15%
25 3% 4%
Hiring
managers
100
57%
75 51%
49%
32% 30%
50 26%
20%
13% 15%
25 3% 5%
Non-hiring
professionals
Automation
and digital
technology
Better
training
Clearer career
progression
Diversity
policies
Increased
remuneration and
benefits packages
Mentorship
schemes
More efficient
working
practices
More flexible
working
culture
Partnerships
with universities
and institutions
Other
It won’t be solved
100
61%
75 51%
38%
30% 29% 27%
50
23% 20%
16%
25 5%
Female
100
61%
75
44%
34% 34% 35% 33%
50
21% 20%
14%
25 4%
Male
automation
sectors
AI and
Apprentices
retirement
Female talent
Overseas
Retraining
existing
employees
Delay
Graduates
Other energy
Outside of
energy
talent
Other
Finally, some big cultural shifts are in order. When the “The fact that the industry
question of where companies should be looking was
posed, only 17 per cent of respondents suggested isn’t collectively seeing
attracting more female talent. When divided by
gender, our data found that just over half of women
the importance of closing
agreed with this, versus just 14 per cent of men. the gender gap is a major
“This data shows a disconnect between what concern.”
companies are publicly doing to attract more women
to the industry and what’s happening behind the – Hannah Peet
scenes,” says Peet. “Some of this may be inadvertent,
because there is pressure to fill roles quickly,
regardless of whether the candidate is male or
female. Yet the fact that the industry isn’t collectively
seeing the importance of closing the gender gap is a
major concern.”
As we noted earlier, oil and gas companies will WHAT IS YOUR MAIN REASON FOR CHOOSING THIS
have to ward off aggressive poaching to retain their SECTOR?
workforce. But they’ll also have to keep an eye on
what’s happening in the renewables sector, which is
3%
more appealing than ever. 3%
3%
Forty-two per cent of professionals would consider 8%
a move to renewables in the next three years – well 35%
above the 28 per cent charted in last year’s report.
12%
Maintaining a pipeline of new talent As Marx summarises: “The oil and gas
has become a challenge for oil and gas industry is learning from its decision
companies. But the sector is making to cut back on graduate recruitment.
more of the right moves. By continuing Leaders and hiring managers realise
the momentum with newly-revived that the world has changed and the
outreach programmes, embracing desires of young professionals are
digitalisation and creating a culture that very different. Providing individuals
actively encourages women to join the with opportunities to grow their career,
workforce, companies will make great travel and work with new technologies
strides. will be crucial.”
Contents: Petrochemicals
1. DEMOGRAPHICS
AGE REGION
3%
7% 5% 4%
l Africa
32% l 65 or over 11% 30%
14% l Asia
l 55 to 64
l Australasia
l 45 to 54
l Europe
l 35 to 44 13%
l Middle East
l 25 to 34
19% l North America
l 18 to 24
13% l South America
25% 24%
l Contractor
l Staff l Female
56% l Unemployed l Male
24%
91%
In recent years, the low price of oil has translated to It’s little surprise then that petrochemicals
higher profit margins for petrochemicals companies. professionals saw some of the heartiest pay rises
Couple this with the growing global appetite for in energy. Thirty per cent of non-hiring professionals
plastics, and it’s easy to see why the sector has done reported remuneration increases of at least five per
so well. cent, the highest percentage of any sector. All in
all, 55 per cent said they had seen some growth in
compensation.
PERMANENT WORKER ANNUAL SALARY, USD (GLOBAL AVERAGE BASED ON SIX YEARS’ EXPERIENCE)
Health and Safety Manager 40,712 49,308 73,907 51,469 53,594 92,303
Health and Safety Manager 430 482 432 610 469 583
The same trend unfolded when gauging optimism “The petrochemicals sector is currently flourishing,
towards remuneration in the year ahead. Overall, 64 with by-products getting a big push from the lift in
per cent of professionals anticipated an increase. oil and gas activity. We expect this to boost the rate
of pay increases, which are already quite stable and
Hiring managers were just as positive as professionals
consistent,” said Hannah Peet, Managing Director at
– and among the most positive in the energy industry.
Energy Jobline.
40 30%
25%
30 Professionals expect the good times to continue.
Seventy per cent of hiring managers and 72 per
20 cent of non-hiring professionals anticipate further
3% 3%
increases, with those in Africa, Australasia and North
10 America especially optimistic.
47%
50
40
24% 25%
30
20
3%
10 1%
This widespread satisfaction with pay is reflected in WOULD YOU CONSIDER RELOCATING TO ANOTHER
global mobility trends. In the previous edition of GETI, REGION FOR YOUR JOB?
remuneration was among the leading motivators for
relocation. This time, compensation didn’t make the
top three.
9%
“Employees are happy with their pay, but that doesn’t
mean they won’t consider a move,” according to
Hannah Peet, Managing Director at Energy Jobline.
l No
“This is especially true for younger professionals,
l Yes
who may look elsewhere for career advancement,
especially if they feel unable to move into new roles.”
50
36%
40
30
16%
20 11%
10%
6% 7% 6%
5%
10 3%
0
Career
progression
opportunities
Cost of
living
Better
technology
Culture
Lifestyle
More stable
political
landscape
Remuneration
Health and
safety
standards
Tax
conditions
In terms of popular regions for relocation, the Middle Thirty-one per cent of respondents stated their
East shot to the top of the list. As we’ve chronicled in preference for a move to the Middle East. In contrast,
other chapters, the pace of new projects in the Middle only 13 per cent favoured the two regions that topped
East has exploded. Many of these projects offer the the list in last year’s report, North America and Asia.
chance to work with innovative technologies, affording
As Marx notes, “People don’t move as frequently in
professionals with experience they may find difficult
petrochemicals. So when companies in the Middle
to acquire elsewhere.
East are eager to attract expat talent, ambitious
professionals are going to take notice.”
Even as the petrochemicals sector thrives, it is still WHEN DO YOU THINK THE CRISIS WILL HIT YOUR
vulnerable to the threat of a talent shortfall. SECTOR?
10%
l Very
13% worried
In spite of the figures, the sector’s younger
34%
l Quite professionals aren’t so worried. Just 37 per cent
worried of individuals aged 24 and under said they were
l Unsure concerned about a skills shortage, a rate that was
20% l Not very nearly half that of their peers in oil and gas.
worried
l Not worried Why are younger professionals feeling so relaxed?
23%
at all As we’ll see shortly, petrochemicals companies have
been very successful in building a steady pipeline of
new talent. Indeed, the workforce is quite fresh – a
quarter have just under five years’ experience and 59
per cent less than 15 years’ experience.
Similarly, close to one-third of the workforce feels
“The petrochemicals sector has embraced the
that a skills shortage has already hit the sector.
importance of young talent”, says Peet. “Companies
Professionals in North America and Africa were most
have created a vibrant culture that graduates are
likely to say that their regions are being impacted at
getting excited about.”
the moment, while those in Asia feel that the issue is
less acute.
In addition to the need for more blue-collar WHICH TYPE OF SKILLS IS MOST AFFECTED BY
professionals, engineers will be in demand. Fifty-five TALENT SHORTAGES?
per cent of respondents said that engineering –
namely process engineering – would be impacted the
3%
most if the talent crunch worsens. 3%
3%
8% 24%
18%
15%
4%
6% 16%
9%
55%
26% l Analogue technical l Leadership
l Analytical l Problem-solving
l Commercial awareness l Process management
l Digital l Strategic planning
l Interpersonal
to see how this reshapes “Digitalisation and robust company culture are
hallmarks of this new generation,” says Marx. “The
the makeup of the typical desire for strong analytical and interpersonal skills
engineer in the years reflects these qualities. We’ll be curious to see how
this reshapes the makeup of the typical engineer in
ahead.” the years ahead.”
– Janette Marx
WHAT ARE THE RISKS TO YOUR SECTOR OF FAILING TO PLUG ITS TALENT GAPS?
100
100
90
80
55% 55%
70
75 47%
60 38% 37% 40%
34%
50
50
40
30
25 2%
20
10
Hiring
managers
100
100
90
80 59%
75 51%
44% 45%
70
60
36% 39%
32%
50
50
40
30
25 3%
20
10
Non-hiring
professionals
Damage to
morale
Decreased
efficiency
Increased
operating
costs
Loss of
business
Reduced
innovation
Reduced
productivity
Other
Increased
likelihood of
HSE incidents
When asked about catalysts for a potential skills Digitalisation and automation
shortage, younger respondents were more likely to
point towards reductions in graduate schemes and will be essential in
apprenticeships, acknowledging the critical roles that
these programmes have played. In contrast, other
counteracting the potential
professionals were more concerned with the impact impacts of a skills shortage.
of retirement.
What a difference a year makes. In last year’s GETI, is bolstering recruitment efforts. As Peet notes, “A
we noted that petrochemicals was perceived as a bit lot of candidates are being drawn to the sector by
of an outdated industry, namely due to the prevalence word-of-mouth. They’re hearing about the success,
of blue-collar roles. Now, the tone has become one of the stability and the opportunity for career growth and
excitement and vigour. want a part of that.”
Over the last few years, petrochemicals companies What’s more impressive is that recruitment for most
have prioritised efforts to appeal to graduates petrochemicals roles continues to be local or regional,
and younger prospects. Organisations factored whereas oil and gas has to rely more on expat
recruitment more heavily into their business strategies labour. The significance of this, according to Marx,
and secured buy-in from leaders. Alongside promoting is that “companies have effectively created a local
the sector’s stability and elevating pay rates, ecosystem for talent, where institutional connections
companies have emphasised the use of cutting-edge and employee referrals are bringing more candidates
technologies and have created more collaborative through the door.”
workplace cultures.
As one would expect, there is little sense of remorse
“When oil and gas companies pulled back on their among petrochemicals professionals. If given the
recruitment schemes, it left a massive opportunity for opportunity to revisit their choice to enter the sector,
a new sector to swoop on that talent. Petrochemicals nearly three-quarters of respondents said they would
firms really seized their chance,” comments Marx. opt to pursue a career in petrochemicals. And while
that figure drops for the over-55s, it still represents a
And the satisfaction of those newer professionals
healthy majority.
IF YOU WERE ENTERING THE INDUSTRY NOW, WOULD YOU PURSUE A CAREER IN YOUR SECTOR?
80
70
60
50
19% 18%
13%
40
Don’t Don’t
know know Don’t
30 11% 6% 28% 28% know
27%
Don’t 22%
Don’t No No
20 know No
9% know 18%
No
10 Don’t No
8%
know
0 No
18 to 24
25 to 34
35 to 44
45 to 54
55 to 64
65 or over
WHERE SHOULD COMPANIES IN YOUR SECTOR BE LOOKING TO GET THE SKILLS IT NEEDS?
(split by gender)
100
60%
75 53%
44%
50 28% 28% 28%
23% 23%
12%
25 5%
Female
100
60%
75
Male
AI and
automation
Apprentices
Delay
retirement
Female talent
Graduates
Other energy
sectors
Outside of
energy
Overseas
talent
Retraining
existing
employees
Other
100
100
90
80
75 56% 55%
70
60
43%
50
50 31% 28%
23% 22%
40
19% 19%
30
20
25 2% 4%
10
Hiring
managers
100
100
90
57%
80
75 50%
70
48%
60
50
50 29% 31%
24%
40 19% 17% 19%
30
20
25 3% 3%
10
Non-hiring
professionals
Automation
and digital
technology
Better
training
Clearer career
progression
Diversity
policies
Increased
remuneration and
benefits packages
Mentorship
schemes
More efficient
working
practices
More flexible
working
culture
Partnerships
with universities
and institutions
Other
It won’t be solved
As noted throughout this chapter, the demand for WHAT IS YOUR MAIN REASON FOR CHOOSING THIS
career progression is strong. Investing in training and SECTOR?
development programmes, especially those that focus
on analytical, technological and interpersonal skills,
2%
will ensure that members of the workforce at all levels 3%
can adapt, especially as digitalisation takes hold. 6%
7%
Indeed, career progression is also a leading reason
38%
why a petrochemicals professional would consider
12%
a cross-sector move. And, surprisingly, many in the
workforce are thinking about moving. Eighty-two per
cent of respondents in the sector said they would 12%
consider switching sectors in the next three years, the
20%
highest such figure across almost any energy sector.
“Professionals are happy, but that doesn’t stop them The dangers of complacency toward talent retention
from thinking about their futures,” notes Marx. “Good must not be underestimated. Other sectors will
training programmes show that a company is willing undoubtedly increase pay, create opportunities
to invest in its people.” for advancement and play up their technological
prowess. The talent crunch can only be avoided if
petrochemicals companies can keep their workforce
content.
39
The Global Energy
Talent Index Report 2019
Contents: Power
1. DEMOGRAPHICS
AGE REGION
1%
3% 3%
8% 3%
9% l Africa
l 65 or over 27%
10% l Asia
36% l 55 to 64
l Australasia
l 45 to 54
15% l CIS
l 35 to 44
17% l Europe
l 25 to 34
l Middle East
l 18 to 24
l North America
17% 25%
26% l South America
l Contractor
l Staff l Female
22% l Unemployed l Male
60%
92%
The power sector’s prolonged stability is reflected year, up from 50 per cent in 2017. Of these, 29 per
in a steady increase in remuneration. Fifty-seven per cent received a boost of more than five per cent.
cent of non-hiring professionals enjoyed a pay rise this
PERMANENT WORKER ANNUAL SALARY, USD (GLOBAL AVERAGE BASED ON SIX YEARS’ EXPERIENCE)
The oil price continues to rise. Thus, the optimism for and South America are most optimistic, with at least
future wage hikes has reached new heights. Sixty-five seven in ten anticipating a rise, whereas those in
per cent of workers believe their pay will increase in Europe, CIS and Australasia are far lower, at around
the next year; 39 per cent think that it will increase half.
by over five per cent. Professionals in Africa, Asia
50
37% “The power industry
40
29% 28% has remained strong
30
and consistent, creating
20
optimism. Continued
4%
10 2%
stability then leads to
0 positive outcomes for
Rise
by > 5%
Rise
by 0-5%
Stay the
same
Fall
by 0-5%
Fall
by > 5%
workers, reinforcing that
optimism for the next year.”
– Hannah Peet
Stable doesn’t mean settled. Nine in ten power Marx notes, “Power is a traditionally loyal sector and
professionals indicated they would be willing to is dominated by a handful of major global players.
relocate to another region – five per cent more than Willingness to move region won’t always equate to
last year. willingness to move company, so those companies
offering opportunities for progression and relocation
Overwhelmingly, career progression was the main
should keep on doing what they’re doing.”
reason for doing so. Forty per cent of workers pointed
to this as a reason to make a move, trailed by lifestyle
and culture.
10%
l No
l Yes
90%
50 40%
40
30
15%
20 11%
7% 7% 6% 6%
4% 4%
10
0
Better
technology
Career
progression
opportunities
Cost of
living
Culture
Lifestyle
More stable
political
landscape
Remuneration
Health and
safety
standards
Tax
conditions
Peet adds: “Many years ago, most power jobs were “Power is a traditionally loyal
tied to the local power station and sourced from the
community. Newer, more technology-focused roles sector and is dominated by
are more mobile, so this could account for some of
the increased openness to relocation in recent years.”
a handful of major global
This is borne out by the reasons given by those not
players. Willingness to move
open to a move. Twelve per cent said opportunities to region won’t always equate to
relocate just weren’t there for them and 40 per cent
cited proximity to family as their reason for staying willingness to move company,
put.
so those companies offering
opportunities for progression
and relocation should keep on
doing what they’re doing.”
– Janette Marx
Despite widespread optimism and technological HOW WORRIED ARE YOU ABOUT AN IMPENDING
advancement, the power sector is not immune to TALENT CRISIS IN YOUR SECTOR?
the sense of impending crisis that afflicts the wider
energy sector.
Despite the sense of crisis, just under half of WHICH TYPE OF SKILLS IS MOST AFFECTED BY
professionals said their company has already been TALENT SHORTAGES?
affected by the skills shortage, with only 38 per cent
saying they haven’t. When asked where the shortage
was most acute, there was broad consensus that the
sector urgently needs new engineers. 4% 4%
4%
6% 29%
12%
19%
3% 13%
5%
8%
22%
62% l Analogue technical l Leadership
l Analytical l Problem-solving
l Commercial awareness l Process management
l Digital l Strategic planning
l Interpersonal
l Corporate l IT
l Engineering l Project leadership
The contributors to the skills shortage are diverse. The
l Geoscience
most cited was lack of apprenticeship opportunities
(38 per cent), just ahead of automation and
digitalisation changing the profile of skills required (35
Sixty-two per cent of professionals said engineering
per cent) and economic cycles prohibiting long-term
was the discipline most affected by talent shortages.
career stability (33 per cent).
Of those, 40 per cent pointed to electrical/E&I
engineers, 26 per cent said mechanical engineers and Professionals’ outlook on these contributors varied
14 per cent said R&D engineers. widely with age. For example, while 58 per cent of
those aged 55 or over cite retirement as the biggest
In terms of the specific skills affected, there was
issue, only 11 per cent of those under 25 thought the
agreement across age groups that the industry needs
same. Instead, they suggest a lack of apprenticeships
more problem-solving (29 per cent), leadership (19 per
(49 per cent) and automation and digitalisation (40 per
cent) and process management (13 per cent) skills.
cent) were most relevant.
“The need for more engineers points to an industry
Peet comments: “We’re used to hearing that
concerned with meeting its immediate needs,”
automation and digitalisation reduce the need for
says Marx. “But the skills respondents identified
human labour. However, in the power sector they are
are exactly those you need to successfully manage
exacerbating the skills shortage due to a lack of talent
change. It looks as though the power industry has one
familiar with the new technologies.”
eye on the present and one firmly on the future.”
WHAT ARE THE RISKS TO YOUR SECTOR OF FAILING TO PLUG ITS TALENT GAPS?
100
100
90
80
29% 31%
50
50
40
30
25 3%
20
10
Hiring
managers
100
100
90
80 59%
75 51%
45% 49%
44%
70
60
35%
50 50 26%
40
30
25 2%
20
10
Non-hiring
professionals
Damage to
morale
Decreased
efficiency
Increased
operating
costs
Loss of
business
Reduced
innovation
Reduced
productivity
Other
Increased
likelihood of
HSE incidents
The good news for the power sector is that, if they When asked where the
were just entering the energy industry now, 74 per
cent of professionals would still pursue a career in sector should look to bring
power. Only 15 per cent would not. This is especially
true of younger workers, with older colleagues more
in the skills it needs, 38 per
hesitant. cent said graduates and 36
This is encouraging, as young people were seen per cent said apprentices,
as more important than their older counterparts for
bridging the skills gap. When asked where the sector both eclipsing the 25 per
should look to bring in the skills it needs, 38 per cent
cent who suggest delaying
said graduates and 36 per cent said apprentices, both
eclipsing the 25 per cent who suggest delaying the the retirement of older
retirement of older professionals.
professionals.
IF YOU WERE ENTERING THE INDUSTRY NOW, WOULD YOU PURSUE A CAREER IN YOUR SECTOR?
80
70
60
50
40
12%
30 11%
13% Don’t
9% Don’t know 24%
20 9% Don’t know 6%
19%
Don’t know No
12% 14% 14%
Don’t know Don’t
10 No
know 10% know
No No
No
0 No
18 to 24
25 to 34
35 to 44
45 to 54
55 to 64
65 or over
WHERE SHOULD COMPANIES IN YOUR SECTOR BE LOOKING TO GET THE SKILLS IT NEEDS?
(split by gender)
100
100
90
80
55% 50%
75
70
60 40% 41%
50
50
32% 29%
40
23%
13% 13%
30
25 4%
20
10
Female
100
100
90
80
75 55%
70
60
36% 38% 36% 37%
50 30%
50
26% 23%
17%
40
30
25 3%
20
10
Male
AI and
automation
Apprentices
Delay
retirement
Female talent
Graduates
Other energy
sectors
Outside of
energy
Overseas
talent
Retraining
existing
employees
Other
HOW CAN COMPANIES IN YOUR SECTOR BETTER ATTRACT THE RIGHT TALENT?
100
100
90
58%
80
70
75
45% 44%
60
36%
50
50 30%
24% 24% 22%
40
30
14%
20
25 2% 3%
10
Hiring
managers
100
100
90
80
59%
75
70
48% 43%
60
31% 32%
50 50 25% 25%
40
18% 16%
30
20
25 1% 2%
10
Non-hiring
professionals
Automation
and digital
technology
Better
training
Clearer career
progression
Diversity
policies
Increased
remuneration and
benefits packages
Mentorship
schemes
More efficient
working
practices
More flexible
working
culture
Partnerships
with universities
and institutions
Other
It won’t be solved
Just as the majority of professionals would be happy WHAT IS YOUR MAIN REASON FOR CHOOSING THIS
to move region, 81 per cent would consider switching SECTOR?
sector – a surprise in a traditionally high-loyalty sector.
The power sector has a balancing Marx concludes: “The power sector
act on its hands. On the one hand, it has done well so far but is well
needs to keep doing the things it is aware of the troubles brewing. Hiring
doing well, offering stability, security managers understand what those skill
and steadily increasing remuneration. shortages are and know where to go
On the other, it needs to ensure to alleviate them. But knowing and
that stability doesn’t become inertia, doing are different things. Graduate
stunting career progression and training schemes and increased use
repelling new talent. of apprenticeships will help, but the
power sector needs to do a better
job of marketing itself to young,
digitally-inclined talent. Otherwise,
transformations like the smart grid can’t
fulfil their full potential.”
Contents: Renewables
1. DEMOGRAPHICS
AGE REGION
2%
9% 5% 3%
l Africa
l 65 or over 11% 28%
10% l Asia
36% l 55 to 64
l Australasia
l 45 to 54
l Europe
l 35 to 44 13%
15% l Middle East
l 25 to 34
l North America
l 18 to 24
20% l South America
20%
28%
14%
22%
l Contractor
l Staff l Female
56% l Unemployed l Male
22%
86%
It’s been a good year for renewables professionals in five per cent. The number of unfortunate professionals
terms of salaries. Just over half of workers reported a suffering a pay cut has also decreased year-on-year
pay rise, with 26 per cent enjoying one of more than from 10 to five per cent.
PERMANENT WORKER ANNUAL SALARY, USD (GLOBAL AVERAGE BASED ON SIX YEARS’ EXPERIENCE)
The oil price continues to rise. Thus, the optimism for and South America are most optimistic, with at least
future wage hikes has reached new heights. Sixty-five seven in ten anticipating a rise, whereas those in
per cent of workers believe their pay will increase in Europe, CIS and Australasia are far lower, at around
the next year; 39 per cent think that it will increase half.
by over five per cent. Professionals in Africa, Asia
The renewables sector is also more open to mobility Europe was the most desirable destination; the top
than last year. Eighty-eight per cent of respondents choice of 35 per cent of professionals. The Middle
indicated they would be willing to relocate, compared East and North America were next favourites at 19
to 83 per cent last year. As with other sectors, the and 15 per cent respectively.
main driver is career progression (38 per cent),
“These destinations are not surprising,” says Marx.
followed by lifestyle (17 per cent) and culture (14 per
“These regions are investing heavily in renewables,
cent).
so candidates can have their pick between some very
exciting projects.”
WOULD YOU CONSIDER RELOCATING TO ANOTHER Peet comments: “It’s interesting to see renewables
REGION FOR YOUR JOB? becoming more mobile. Only a few years ago, this
was a sector that preferred to keep talent local. But
as skills shortages hit, that became more relaxed.
Last year’s survey showed that the sector was looking
12%
to other energy sectors to fill roles – perhaps this
openness increasingly extends to other regions too.”
88%
50
38%
40
30
17%
14%
20
7% 6% 6%
5% 5%
10 2%
0
Career
progression
opportunities
Cost of
living
Better
technology
Culture
Lifestyle
More stable
political
landscape
Remuneration
Health and
safety
standards
Tax
conditions
Uniquely among the energy sectors, renewables WHEN DO YOU THINK THE CRISIS WILL HIT YOUR
professionals ranked the political landscape as the SECTOR?
most worrying issue for their sector. Twenty-four per
cent selected this concern, ahead of innovation, skills
shortages and climate change (all 18 per cent). 5%
6%
According to Marx: “This makes sense – after all, 8% 30%
more so than any other sector, renewables depends
on subsidies, which depend in turn on political
10%
goodwill – which isn’t always guaranteed.”
However, despite not taking the top spot, the skills 11%
crisis is very real. Thirty-one per cent of workers are 18%
quite worried and 15 per cent are very worried by the 12%
issue, versus 20 per cent not very worried and only 10
per cent not concerned at all.
10%
l Very
“Perhaps the young are
31%
15%
worried
l Quite
nervous that they’ll be stuck
worried
cleaning up the messes of
l Unsure
l Not very previous generations. They
20% worried
24%
l Not worried entered this sector because
at all
they wanted to see change
and are worried they’re not
seeing it fast enough.”
– Hannah Peet
Even if the majority don’t think the sector has quite hit At the same time, there’s a pressing need for
crisis mode, there is a clear need for new engineers. blue-collar talent, with a real shortage of individual
Half of respondents said engineering was the technical contributors. This is borne out by the top
discipline hit hardest by talent shortages, ahead of reason for the skills shortage being cited as lack of
project leadership at 25 per cent. Within engineering, apprenticeship opportunities by 38 per cent.
mechanical and electrical/E&I engineers (both 25 per
However, that answer changes significantly depending
cent) were the most needed, followed by R&D (20 per
on who you ask. Older professionals overwhelmingly
cent).
cited the retiring workforce as the biggest concern (46
per cent), with apprenticeships a distinct second (41
per cent). For under-25s though, apprenticeships are
WHICH DISCIPLINE IS MOST AFFECTED BY TALENT number one (48 per cent), far outstripping any other
SHORTAGES?
worry.
11%
50%
4%3%
5%
28%
25% 7%
10%
12%
18%
l Corporate l IT 13%
l Engineering l Project leadership
l Geoscience
The types of skills most affected are problem-solving l Analogue technical l Leadership
l Analytical l Problem-solving
(28 per cent), leadership (18 per cent), strategic
l Commercial awareness l Process management
planning (13 per cent) and process management (12
l Digital l Strategic planning
per cent).
l Interpersonal
Peet argues that, “The types of skills in demand
reflects the skills profile needed by distributed energy
resources – with more numerous, smaller projects
dotted around, leadership and planning are especially
important.”
WHAT ARE THE RISKS TO YOUR SECTOR OF FAILING TO PLUG ITS TALENT GAPS?
100
100
100
90
90
80
80 54% 51% 51% 50%
75
70
70
42%
60
60
32%
50
50
50 24%
40
40
30
30 4%
20
20
25
10
10
Hiring
managers
100
100
100
90
90
58%
80
80
48% 50%
70
70
75 45% 46%
60
60 35%
27%
50
50
50
40
40
30
30 4%
20
20
25
10
10
Non-hiring
professionals
Damage to
morale
Increased
operating
costs
Loss of
business
Reduced
innovation
Reduced
productivity
Increased
likelihood of
HSE incidents
Decreased
efficiency
Other
IF YOU WERE ENTERING THE INDUSTRY NOW, WOULD YOU PURSUE A CAREER IN YOUR SECTOR?
80
70
60
50
40
30 13% 18% 8%
No No No
0 No
18 to 24
25 to 34
35 to 44
45 to 54
55 to 64
65 or over
WHERE SHOULD COMPANIES IN YOUR SECTOR BE LOOKING TO GET THE SKILLS IT NEEDS?
(split by gender)
100
100
90
80
60
34% 33%
50
50
24%
40 19% 17%
12%
30
25 4%
20
10
Female
100
100
90
80
75 53%
70
10
Male
AI and
automation
Apprentices
Delay
retirement
Female talent
Graduates
Other energy
sectors
Outside of
energy
Overseas
talent
Retraining
existing
employees
Other
HOW CAN COMPANIES IN YOUR SECTOR BETTER ATTRACT THE RIGHT TALENT?
100
100
90
55%
80
75
70
47% 42%
34%
60
30% 29%
50
50 26%
40 17% 15%
30
20
25 3% 3%
10
Hiring
managers
100
100
90
80
57%
70
75 50%
60
40%
28% 30% 30%
50 50 25%
40 17% 17%
30
20
25 3% 3%
10
Non-hiring
professionals
Automation
and digital
technology
Better
training
Clearer career
progression
Diversity
policies
Increased
remuneration and
benefits packages
Mentorship
schemes
More efficient
working
practices
More flexible
working
culture
Partnerships
with universities
and institutions
Other
It won’t be solved
By far the biggest shock for the renewables sector in WHAT IS YOUR MAIN REASON FOR CHOOSING THIS
this year’s survey is the challenge in retaining talent. SECTOR?
Last year, only 43 per cent of professionals said
they were open to changing sectors. This year, that
contentment seems to have dissipated, as 77 per 2%
4%
cent are now open to a move. Power and oil and gas
6%
are the most popular destinations.
7%
36%
Marx comments that, “The jump in renewables
professionals willing to move is one of the big 13%
surprises of this year’s survey. The destinations: less
so – power is the most similar sector and oil and gas
the best paid – but last year nowhere near as many 14%
people were looking to move.” 18%
On the surface, it looks like a great Peet says: “It’s possible that
year for the renewables sector. Most renewables companies are complacent
professionals enjoyed pay rises and about the threat ahead, with everything
expect more; most would enter the seeming so good. However, hiring
sector again if choosing from scratch managers expect to start paying out
and, though there is a skills shortage, a lot more raises next year, perhaps
renewables has the pull to attract talent because they see exactly the retention
from other sectors if necessary. Yet, challenge the sector faces. Hopefully,
despite all these strengths, the sector that foresight will be a saving grace
is threatened by a new and sizeable because there are a lot of positives for
challenge in keeping hold of talent. the sector to build on.”
Contents: Nuclear
1. DEMOGRAPHICS
AGE REGION
1%
5% 3%
7% 8%
l Africa
26% l 65 or over
l Asia
l 55 to 64 11%
16% 41% l Australasia
l 45 to 54
l Europe
l 35 to 44
11% l Middle East
l 25 to 34
l North America
l 18 to 24
21% 25% l South America
25%
17 or under 1% Africa 8%
18 to 24 6% Antarctica 0%
EMPLOYMENT
25 to 34 25% STATUS GENDER
Asia 11%
35 to 44 21% Australazsia 1%
45 to 54 16% CIS 0%
55 to 64 26% Europe 41%
65 or over 5% Middle East 11%
North America 25%
South America 3%
17% 14%
l Contractor
l Staff l Female
54%
l Unemployed l Male
29%
86%
There is an acute need for talent in the nuclear sector, Given that talent is in short supply, it’s no surprise that
for two key reasons. salaries continue to grow. Fifty-two per cent of non-
hiring professionals said that remuneration increased
First, certain roles are highly technical and specific
over the past year, a slight increase from the 48 per
to nuclear. These roles are tough to fill. Second, the
cent reported in the 2018 GETI report.
workforce is older than that in other energy sectors.
Nearly a third of professionals are aged 55 or above,
compared to just 20 per cent in oil and gas.
PERMANENT WORKER ANNUAL SALARY, USD (GLOBAL AVERAGE BASED ON SIX YEARS’ EXPERIENCE)
1% 2%
10
50
37%
33% 0
40
Rise Rise Stay the Fall Fall
by > 5% by 0-5% same by 0-5% by > 5%
30
18%
20
7%
Across the board, the industry is optimistic about
5%
wage growth – 66 per cent of hiring managers and 64
10
per cent of non-hiring professionals expect increases
0 over the next year. Hopes are especially high in Africa
and the Middle East, where at least 80 per cent of
Increased Increased Stayed Decreased Decreased
by > 5% by 0-5% the same by 0-5% by > 5% respondents predict that pay will rise.
Senior managers and executives in the nuclear sector WOULD YOU CONSIDER RELOCATING TO ANOTHER
typically stay with their companies for a long time. So REGION FOR YOUR JOB?
younger professionals who are eager to progress into
these roles are having to look elsewhere.
50
40
28%
22%
30
16%
20
6% 8% 7%
4% 5% 4%
10
0
Career
progression
opportunities
Cost of
living
Better
technology
Culture
Lifestyle
More stable
political
landscape
Remuneration
Health and
safety
standards
Tax
conditions
Professionals and observers alike have warned of a WHEN DO YOU THINK THE CRISIS WILL HIT YOUR
talent crisis for years. So it’s not surprising to see SECTOR?
that nuclear professionals were the most likely in the
industry to say that the skills shortage has already
2%
impacted their companies. Over three-quarters of 5%
respondents based in South America said they were 7%
affected; those from Africa and North America also
10% 37%
reported being highly impacted.
11%
HOW WORRIED ARE YOU ABOUT AN IMPENDING
TALENT CRISIS IN YOUR SECTOR?
11%
17%
6%
l Very l It’s already here l In five to ten years
16% 31% worried
l Within the next year l In more than ten years
l Quite
worried l In one to two years l Never
l Unsure l In three to five years l Don’t know
l Not very
22%
worried
l Not worried That’s not to say that professionals aren’t concerned
25%
at all about whether the skills shortage could deepen.
In particular, respondents said that the political
landscape was worrisome – namely how the fallout
from Brexit could adversely impact the supply of
talent.
All this being said, the talent crunch may be unfolding According to Peet, “Nuclear companies in the UK
more slowly than anticipated. Thirty-seven per cent hire a lot of their workforce from the European
of respondents said that the shortage was already Union. Naturally, hiring managers are worried about
happening, a lower rate than that of the oil and gas whether Brexit will squeeze their flow of talent. And
sector and not far off the industry average. professionals working in the UK are concerned about
their ability to remained employed in the country.”
More surprisingly, younger professionals weren’t as
fazed as their peers in other sectors. Just over a third
of respondents under the age of 25 said they were
worried about a skills shortage, one of the lowest “Naturally, hiring managers
such figures across the industry.
are worried about whether
Brexit will squeeze their flow
of talent.” – Hannah Peet
Engineers are in high demand. Around one-third WHICH TYPE OF SKILLS IS MOST AFFECTED BY
of survey respondents said that mechanical and TALENT SHORTAGES?
electrical engineering were the areas most impacted
by talent shortages.
2%
Again, these roles have been challenging to fill due to 4%
the distinct requirements of nuclear energy. However, 8%
the solution may not be as unattainable as hiring 30%
8%
managers think.
20%
“Hiring managers are warming up to the idea of
hiring individuals without nuclear backgrounds,” says
66%
Peet. “It’s something that talent acquisition leaders
understand; now it’s up to the managers to put this
into practice.”
l Corporate l IT
“New projects in the nuclear
l Engineering l Project leadership sector are technologically
l Geoscience
advanced. Digitalisation means
With this training in place, hiring managers could
that some roles no longer
find the engineers they need by recruiting from other require individuals to be in
sectors. And considering that other in-demand skill
sets – like problem-solving and leadership – are also physical proximity to the plants,
easily transferrable, opening up the candidate pool which is going to facilitate more
could be highly beneficial.
flexible working opportunities
and widen the pool of
candidates.” – Janette Marx
WHAT ARE THE RISKS TO YOUR SECTOR OF FAILING TO PLUG ITS TALENT GAPS?
100
100
100
90
90
57% 54%
80
80
50%
70
70
75 44%
37% 34%
60
60
31%
50
50
50
40
40
30
30
25 3%
20
20
10
10
Hiring
managers
100
100
100
90
90
58%
80
80
50% 50%
70
70
75 44%
60
60 35% 36% 35%
50
50
50
40
40
30
30 4%
20
20
25
10
10
Non-hiring
professionals
Damage to
morale
Increased
operating
costs
Loss of
business
Reduced
innovation
Reduced
productivity
Increased
likelihood of
HSE incidents
Decreased
efficiency
Other
With the influx of new talent slowing down, “In regions where talent
companies will have to be resourceful with the talent
they have. Upskilling and re-training will be essential. is especially in demand,
Indeed, nuclear professionals recognise the need to nuclear companies
look within for solutions. The majority of respondents
said that retraining existing employees is an ideal way are recruiting former
to close the skills gap. professionals out of
retirement and relocating
them to train up local staff.”
– Hannah Peet
IF YOU WERE ENTERING THE INDUSTRY NOW, WOULD YOU PURSUE A CAREER IN YOUR SECTOR?
80
70
60
50
19% 18%
40 Don’t Don’t
13%
know know
Don’t
30 11% know
6% 28% 28% 27%
Don’t 22%
20 Don’t No No
know 18% No
9% know
No
10 Don’t No
8%
know
0 No
18 to 24
25 to 34
35 to 44
45 to 54
55 to 64
65 or over
WHERE SHOULD COMPANIES IN YOUR SECTOR BE LOOKING TO GET THE SKILLS THEY NEED?
(split by gender)
100
58%
75 52%
42%
30% 29% 28%
50
18% 20% 18%
25 4%
Female
100
59%
75
42%
35% 36% 34%
31%
50 22% 22%
15%
25 4%
Male
AI and
automation
Apprentices
Delay
retirement
Female talent
Graduates
Other energy
sectors
Outside of
energy
Overseas
talent
Retraining
existing
employees
Other
HOW CAN COMPANIES IN YOUR SECTOR BETTER ATTRACT THE RIGHT TALENT?
100
100
90
80
70
75 50%
60
53% 49%
33% 32%
50
50 24%
17% 21%
40
15%
30
20
25 3% 4%
10
Hiring
managers
100
100
90
80
57%
70
75 51% 49%
60
32% 30%
50 50 26%
20%
40
13% 15%
30
25 3% 5%
20
10
Non-hiring
professionals
Automation
and digital
technology
Better
training
Clearer career
progression
Diversity
policies
Increased
remuneration and
benefits packages
Mentorship
schemes
More efficient
working
practices
More flexible
working
culture
Partnerships
with universities
and institutions
Other
It won’t be solved
Nuclear companies have their work cut out for wear thin, companies will need to demonstrate a long-
them. Not only do they need to find inventive ways term commitment to technological innovation – and
to address skills shortages, they need to ensure show people how they’ll play an important part.
that their workforce isn’t lured away by attractive
This theme of advancement also arises when looking
opportunities elsewhere.
at the motivators for a cross-sector move. The
To do this, nuclear companies will have to emphasise opportunity for progression was the leading reason,
their strengths relative to the power sector. Power followed closely by curiosity in the wider industry.
was the destination of choice for nuclear professionals
considering a move within the energy industry,
followed closely by renewables. WHAT IS YOUR MAIN REASON FOR CHOOSING THIS
SECTOR?
10% 30%
3%
10%
30% 36%
13%
26%
31%
l Ethical reputation l Opportunities for career
l Innovation progression
l Interest in the wider l Remuneration
industry l Technology
l Oil and gas l Power l Job security l Other
l Petrochemicals l Renewables
The skills shortage that has loomed over the energy Additionally, companies will benefit from efforts to
industry for years is rolling in. Hiring managers develop more blue-collar talent. Every sector, even
are worried about what may unfold. But with technology-heavy ones like renewables and nuclear,
inventiveness and flexibility, they can weather the needs blue-collar skills. Many blue-collar professionals
storm – and reach new heights in their efforts to will move for lucrative opportunities, but even the
recruit and retain talent. prospect of generous pay isn’t enough to secure the
talent needed, as persistent shortages in some areas
What exactly do we mean by inventiveness? For
of the US for oil and gas projects show.
starters, it means finding solutions in new or
overlooked places. This includes being receptive to The answer to the blue-collar challenge may lie
candidates from other sectors. For decades, talent has at the local level. As we’ve seen in many sectors,
moved easily between oil and gas and petrochemicals; training and development programmes for
today, professionals have the skills to go between the surrounding communities has proven effective in
power, renewables and nuclear sectors. addressing skills shortages and reducing staffing
costs. Apprenticeships will also be essential,
In the same vein, a recognition of the importance of
especially in sectors like renewables and nuclear
female talent could be the next great leap forward for
where professionals see an acute need for these
the industry. Women account for no more than 14 per
opportunities.
cent of the workforce in any sector; in some sectors,
this total is around eight per cent. Elevating these As much as hiring managers are concerned with
totals would be advantageous for the industry. And bringing new talent in, they must also work hard to
yet, only a tenth of male respondents said that hiring ensure that professionals stay. This year’s GETI saw
more female professionals would be a viable way a massive increase in the number of professionals
to close the skills gap, compared to over half of the considering a cross-border and/or cross-sector move.
women surveyed. The secondary reasons for a move vary: stability,
higher pay, the chance to work with new technology.
Many energy companies have pledged to address the
But the primary reason is fairly consistent across all
gender gap. These organisations are adopting new
sectors: career opportunities. Professionals want to
recruitment practices to bring more women into the
know that their career is headed in a clear direction.
industry. Technology is helping to digitise physically
They also want assurances that their roles or skill
burdensome tasks and facilitate flexible working,
sets won’t become obsolete. Here, professional
removing some of the barriers for women. The next
development programmes become even more
step will require a shift in mindsets, wherein more
critical. A clear roadmap outlining an individual’s path
professionals embrace the value of an expanded
to progression is essential. When progression is
female workforce.
impeded, the opportunity for relocation or upskilling
can also be useful.