March 2017

Columns

Viewpoint: Three ways to protect the future of your workforce

With job cuts numbering in the hundreds of thousands, the oil and gas industry has been hard-hit by the massive drop in prices. While no immediate end to the crisis is in sight, there are signs that prices—and hiring—may pick up again later this year.

Sathe, S., RiseSmart

With job cuts numbering in the hundreds of thousands, the oil and gas industry has been hard-hit by the massive drop in prices. While no immediate end to the crisis is in sight, there are signs that prices—and hiring—may pick up again later this year. While we cannot predict the future, we can prepare for it. From the Great Crew Change to future fluctuations in oil prices, we are seeing a need for discovering and retaining new talent, transferring knowledge from veteran workers to up-and-comers, and fortifying employer brands in light of restructuring and layoffs. As such, exploring different ways organizations in the oil and gas industry can safeguard their workforces and organizations ag

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