UK's Faltering Economy Stresses Out Oil–Gas Professionals

Press Release
Thursday, October 18, 2012

Change Recruitment Group's survey shows 19% of Oil & Gas professionals feel their career has either stood still or gone backwards.

The company's survey extended back over the past two years, and a further fifth of Oil and Gas workers ( 20%) felt their career had progressed but not as quickly as they would have liked, whilst a third (33%) said their career is on track.

Two fifths (42 %) of respondents think their career would have progressed further had the UK not seen a recession.
Frustrations are starting to show as three quarters ( 75%) confess to job hunting, with almost half (44%) of those looking for a move, doing so in order to take a step up.

Laura Drysdale, Change Recruitment’s international managing director said: “There is no denying that the working environment in the UK has been tough over the last few years, with some sectors suffering more than others. The Oil and Gas sector has remain fairly resilient but a number of organisations have seen restructuring and even downsizing, meaning that there are potentially fewer hierarchical positions.

She added: “Career development is an essential tool in retaining staff and ultimately creating a working environment where people want to stay. Investment in training and development goes a long way to creating a culture where staff feel they are developing and working towards an end goal."


 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Indian Port Workers to Launch Indefinite Strike

Port and dock workers in India are planning to go on an indefinite strike starting March 16th – they are protesting the government’s move to corporatize major ports.

NORDEN Publishes CSR Report

Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy,

LISCR Appoints New Managing Director for Hong Kong

The Liberian Registry has appointed shipping executive Gerry Buchanan as managing director of its dedicated Hong Kong office, the registry announced today.      As

Energy

BG Group's Australian Project Helping to Double LNG Supplies

A smooth start to operations at BG Group's Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas (LNG) supplies in 2015/16,

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

Ghana-Ivory Coast Maritime Dispute Mar Tullow

A dispute over maritime boundaries between Ghana and Ivory Coast is damaging Tullow Oil, which risks postponement of its TEN project in the waters off Ghana's coastline.

Consulting

Navy Reserve Celebrates Centennial Anniversary

Service members and civilians packed the Pentagon Library Conference Center for the Navy Reserve Centennial Kickoff Celebration March 2. Chief of Navy Reserve Vice Adm.

“Bright Ideas” program - Ash Center - Harvard University

The Ash Center for Democratic Governance and Innovation at the John F. Kennedy School of Government, Harvard University, recognized the Port of Houston Partners

India to Appoint Coastal Shipping Consultant

As part of Narendra Modi government plan to promote coastal shipping, India is all set to appoint a consultancy firm to assist the Shipping Ministry.    The

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2304 sec (4 req/sec)