The rapidly aging workforce, combined with the downturn of students in the energy fields such as petroleum engineering and geology, is generating new concern for companies. According to a John S. Herold report, upstream oil and gas companies are likely to lose more than 60% of their employees by 2010. Recruiting strategies and the ability to retain employees in oil and gas companies is more important now than ever. With growing demand for energy, companies need greater production and a larger workforce.
Developing human resource strategies that help attract new recruits, as well as retain the experienced workforce and their knowledge and skills, is imperative to the future of the industry.
How PricewaterhouseCoopers (PwC) can help you
With more than 6,000 experts in over 100 countries, the PwC network is one of the world’s largest HR advisory organizations. Our multi-disciplinary approach allows us to advise on all aspects of people management, helping our clients to enhance value for their businesses through people. Our solid grounding in areas such as tax, compensation, benefits, pensions and HR data metrics are the bedrock of our approach to consulting with clients.
International Assignment Services
Energy is truly a global industry, and most companies today operate in more than one country. Sending employees on international assignments often involves complex recordkeeping and management. Our IA services specialists help multinational companies plan, implement, manage and support the entire international assignment process. Our team includes energy specialists who have worked with some of the world’s largest integrated and upstream companies.
Reward Planning
Creating the right reward plans for your employees is essential for attracting and retaining key staff, achieving business and human resource objectives, as well as optimizing related costs. But balancing business priorities with shareholder interests can be a challenge. By blending the compensation, benefits, pension and financial expertise of our global network, we help organizations link executive and employee rewards to business goals and shareholder value. We advise on compensation, benefits, and pensions.
Human Resource Management
PwC’s Human Resource Services team helps organisations achieve HR assurance and an objective view of your HR function business effectiveness.
Access to Saratoga human capital and HR function benchmarking data allows us to underpin our expertise with hard data. Saratoga is highly recognised as a world leader in the field of HR metrics and analysis, dedicated to the premise that intelligent measurement is fundamental to performance improvement.
Change and Program Effectiveness
PwC has established a strong reputation for helping clients cope in the face of changing business conditions around the world and across industries. PwC can offer you a complete range of services, tailored to your specific industry issues.
