As the digital revolution continues and boomers in the energy sector prepare to retire, the race to stay ahead of your competitors in the war for talent has never been more heated. Where recruiting top talent is already seen as a challenge, utility companies can find themselves fighting against...
The final tax reform law includes important changes set to impact mining and oil & gas companies. Some of these new and altered provisions — outlined at the end of this article — will increase taxes paid by these companies. As the sector evaluates the impact of the most...
The oil and gas industry’s talent pipeline is in dire need of repair. Skill shortages are damaging productivity, gaps are widening in every sector of the industry and ad-hoc attempts to source qualified workers are akin to wildcat drilling, rarely yielding the results businesses need to execute their plans....
The Great Resignation has struck all industries, leaving employers scrambling to try and fill the skill gap. For the oil and gas industry, the skills gap is even wider, because there's also an age gap. The average age of someone working in the oil and gas workforce is 56, and over...
These days, “digital transformation” is an increasingly popular phrase in the business world, and it is challenging organizations to carefully consider how to retool their strategies. Digital transformation doesn’t simply mean to digitize information or move services from manual/analog into a digital format. Rather, digital transformations are an entirely new...
The COVID-19 pandemic of 2020 and 2021 has presented numerous challenges for employers attempting to balance employee and customer safety and business operations. With the introduction of three vaccines that could greatly reduce or halt COVID-19 cases, the light at the end of the tunnel seems to be approaching....
Since its inception, technology has driven the development and transformation of the oil and gas industry. Technologies to locate and extract oil and gas reserves enabled the shale revolution, and a new revolution is around the corner for oil and gas exploration and production companies. While it might sound...
Employee engagement is an issue for many industries that rely on frontline workers. But energy and utility companies face unique challenges when it comes to connecting with workers. A widening skills gap and a growing labor shortage are adding up to a disconnected workforce.
In fact, only 52% of utility...
As a young girl, I never realized my career path would lead to volunteer management in a hospital — but I’m so glad that it did. Volunteerism has been a common thread that has linked my past to my present. From a young age, I learned the importance of...
Truck attainment has been a key challenge for private fleets, for-hire carriers, and organizations that rely on trucking across many industries, including manufacturing, construction and oil and gas. This challenge has been accentuated by the backlog of orders for Class-8 heavy-duty trucks, largely stemming from an American economy that...
