How The Downturn Has Influenced Recruitment Strategies

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The downturn has impacted the lives of thousands of oil and gas workers. While thousands have lost their jobs, many had to manage with a pay cut or work reduced hours. But how has the downturn influenced the recruitment strategies of oil and gas companies? Read this article to find out.

Link For the video:

Focus On Hiring Experienced Talent

As revealed in a recent Link released by Rigzone, the focus has shifted towards hiring experienced talent for strategic roles. Sonya Houdaigui, Talent Recruitment Leader, GE elaborates on the recruitment strategies of GE. continues to keep in touch with top talent and maintains two-way dialogues with prospective candidates to absorb them into the company when the opportunities open up for them. Many large companies have a proactive approach when it comes to recruitment.

There is a renewed focus on meeting the needs of customers and how new talent can help the companies meet the customer requirements.

Small And Medium Enterprises Are Benefiting From The Downturn

With thousands of workers who have been laid off from oil and gas jobs, the attention has now shifted towards small and medium enterprises. Candidates looking for stable jobs are looking at new sectors and are more open to take on roles in small and medium enterprises. The downturn in the oil and gas industry has brought about a positive and welcome change for the small and medium enterprises, who are finding it easy to snap up talent, who were otherwise unwilling to join these companies.

As shared in a recent Link article:

“Globally, thousands of oil and gas jobs have been shed within the last few months as a result of falling production levels. Personnel are now are looking at different sectors for employment, with benefits for small to medium enterprises.”

The video also shares some useful tips for prospective candidates who are looking for jobs in the oil and gas industry.

Find out about the recruitment strategies adopted by companies in the downturn. How has the downturn impacted them and what is their area of focus now.