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management & education news

UK’S OIL AND GAS SECTOR SAYS SKILLS SHORTAGES

AND FUNDING CONCERNS CREATE BARRIER TO NET ZERO

appear to be creating blockages for net
zero ambitions.
The research illustrates a mixed
picture, with confidence and activity
in the domestic sector trending below
levels observed in international markets.
When it came to implementing their
own diversification plans, businesses
outlined a range of workforce
challenges. These included identifying
skills gaps, attracting new employees
and retraining costs.
Companies were actively pursuing
solutions to these issues, with 62 per
cent investing in retraining existing
staff, 47 per cent focusing on graduate
recruitment and 31 per cent seeking to
rebrand or reposition their company to
be more attractive to new recruits.
SKILLS SHORTAGES ARE HOLDING BACK PROGRESS, SAY INDUSTRY CHIEFS The research suggests that additional
action is needed to support firms in
COMPANIES IN THE UK’s oil and gas Chamber of Commerce in partnership the sector to attract and retain the key
sector predict that on average, the share with the Fraser of Allander Institute and talent which will drive the transition.
of their business outside of the sector KPMG UK, representing the views of Companies reported that they were
will jump from 21 per cent today to 47 101 firms in the sector. losing more staff that usual to roles outside
per cent by 2030. The Insider reports that UK’s oil the sector (39 per cent) and to retirement
This is according to the 34th edition and gas sector is pressing ahead with (26 per cent), underlining the importance
of the Oil and Gas Transition Survey, diversification, but skills shortages of programmes like the Energy Skills
conducted between September and and concerns over lack of visibility Alliance, which aim to create a true ‘all-
October by the Aberdeen & Grampian around government-funded initiatives energy career proposition’.

HALF OF BRITS DON’T BELIEVE EQUAL OPPORTUNITY

AT WORK WILL EVER BE ACHIEVED, POLL FINDS

HALF OF PEOPLE don’t believe believe those with differing ethnic
that equality will be reached in the backgrounds had equal opportunity to
workplace, according to research, succeed within their organisation. ethnicity or nationality was a factor,
but experts say firms need to offer A third (34 per cent) of respondents and a third (33 per cent) felt their
more training and review their people said that women didn’t have equal gender reduced their chances.
management processes. opportunity within their organisation, The report also found that more
A recent survey by Hays, which while three in ten (32 per cent) said than a third (38 per cent) of workers
polled 3,100 professionals and the same about those over the age of would like to see employers review
employers, found that 51 per cent of 50 and 24 per cent for those who have their recruitment policies.
professionals don’t believe people a disability. Mel Green, Research Adviser at
from all backgrounds would ever have When looking at job opportunities, the CIPD, called for employers to
equal opportunity to succeed within the report also revealed that three- “take a zero-tolerance approach to
their organisation. fifths (61 per cent) of workers said discrimination, whether direct or
Only three in ten (30 per cent) their chances of being selected for indirect, and commit to create change”.
believed there would be equal a job had been limited because of a “In particular, HR teams must review
opportunity in five years or beyond, protected characteristic, an increase their organisation’s people management
while just 19 per cent said this would from 50 per cent last year. approach from end-to-end through
happen in the next five years. When looking at what factors multiple inclusion lenses to address
Despite efforts by employers to raise lowered peoples’ chances of securing blockers and biases in hiring,” she
awareness of equity, diversity, and a job, more than half (56 per cent) of advised, adding that managers need
inclusion (ED&I) in the workplace, two- respondents felt their age decreased to look at performance management,
fifths (43 per cent) of workers didn’t their chances, 42 per cent said their career progression and rewards.

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