Recruiting, Retaining Young O&G Professionals
The oil and gas industry is surging into the future with remarkable growth. Along with this growth comes a need to fill newly created jobs and vacancies with skilled professionals.
The industry is looking toward its young professionals to fill in the gaps that the older generation is leaving behind.
However, young professionals expect more from their workplace than generations that came before them. A supportive environment that recognizes the importance of professional development, flexible work schedules, and an enjoyable work atmosphere is a workplace in which young professionals will be more likely to gravitate toward.
Oil and gas companies that wish to build strong organizations will be competing for the best employees and they are implementing innovative recruitment and retention practices to do so. An employer who makes the effort to reach out to young people as they are choosing a field of study in the sciences will have a larger pool of well-educated and informed professionals ready and eager to enter the oil and gas industry upon graduation.
The organizers of Offshore Technology Conference are reaching out to high school students, and so should you. Approximately 200 high school math and science students will see firsthand the exciting opportunities the oil and gas industry can offer at OTC on Thursday, May 3. Students will participate in hands-on energy exploration experiments, meet industry professionals, and tour the latest state-of-the-art technology exhibits in a scavenger hunt, the OTC website explains.
However, the O&G industry also needs to make the industry more attractive to properly educated graduates. Benefits play a key role. Young professionals are looking for more than a large paycheck when choosing an employer. They are looking for their employer to provide:
Retaining Young Professionals
Once you hire a young professional, you want to retain them, as turnover is costly. Surveys show that the cost per hire runs anywhere from $1,000 to $4,000, depending on the job. Young professionals today are impatient to see career rewards and results. To minimize turnover of young professionals, the Center for Generational Studies (CGS) suggests:
Beyond professional development, young professionals expect fun and stimulation in the workplace. According to CGS, employers that embrace these desires have maintained lower turnover rates and higher productivity.
To retain young professionals, Lisa deCordova, Manager, College Recruiting for Harris Corporation says companies need "to view the organization as the employee sees it and take proactive steps in initiating appropriate programs and policies."
Young professionals know they have to work, but they will be more effective if they are having fun and feel like they are in control of their environment.
Find your next job in oil and gas on Rigzone.com. Visit www.rigzone.com/jobs to upload your resume and browse thousands of current job openings.
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