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Retaining Talent and Access to Skilled Labor in a Post-Market Recovery


  • For its part, COVID-19 has only intensified this dynamic: the severe contraction of the oil and gas sector has discouraged job seekers from entering the industry.
  • An industry as dependent on human and resource capital as oil and gas – not to mention responsible for meeting rising global energy demand – cannot afford to lose high volumes of talent; as a result, companies must restructure roles and responsibilities to align with twenty-first century skillsets and cultivate resilience behind their operating models, while employees across industries must adapt to changing working conditions.
  • This is partly due to its association with physical, high-risk and non-technical labor – 55% of respondents cited a “blue-collar” role as the first oil and gas job that comes to mind – as well as perceived environmental detriment, with 23% of respondents considering the industry harmful to the environment.



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