Quantcast

Retention and Employee Engagement the Topmost HR Challenge in the MENA Region’s Oil & Gas Sector

October 9, 2010

DUBAI, UAE, October 10, 2010 /PRNewswire/ — In a recent survey conducted
by the International Quality and Productivity Centre, 44% of the 2,895 Energy
sector respondents have chosen retention and employee engagement as the
topmost HR challenge in the Oil & Gas sector compared to 19% for recruitment.
Continuous intake programs and intensive training have helped the industry
address the recruitment challenge well. Now it is the next step of engaging
and retaining the staff that has come under the spotlight. Building
competencies and leadership development were the other top-quoted challenges.

http://www.vpoinc.com/eventsSubmenuForSearch.do?showId=1541&enableHistory

=EventsTab&myLink=myEventsSubmenu&fromSearch=T

(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser’s URL address field. Remove the
space if one exists.)

A surprising result was when people were asked to define the most
prominent role that HR had to play in Oil and Gas. Planning for rewards and
compensation came in last with only 9% voting for it. Talent Management and
learning and development with 17% each were on top of the table.

The most interesting areas of interest were Nationalization and
leadership development initiatives. As the custodians of the region’s natural
and mineral wealth, it is important that the national population is involved
in key leadership positions which in turn are safeguarded through a
structured succession plan.

Mark Bechtold, HR & Organization Development Consultant at Saudi Aramco,
commented, “Factors impacting organizations include rising costs, competitive
business environments, and changing workforce demographics. To address these
issues, management in Middle East Oil & Gas companies must build on the
strengths of the Middle Eastern, Arab culture in a way that involves, engages
and inspires employees to work harder and smarter.”

Mark Bechtold will be speaking about the elements of successful
performance improvement strategies at the 4th Annual HRM & Training in Oil,
Gas & Petrochemicals 2010, taking place from 17 – 20 October 2010 in Bahrain.
The expert speaker panel include senior representatives from the region’s
leading operating companies, including Saudi Aramco, Petroleum Development
Oman, Kuwait Petroleum International, Emarat and ENOC.

For PRESS RELEASES (sent to the press)

About IQPC: IQPC provides practical conferences, large scale events,
topical seminars and in-house training programs, keeping business executives
up-to-date with industry trends, technological developments and the
regulatory landscape. IQPC produces more than 1,800 events annually around
the world, and continues to grow. Founded in 1973, IQPC now has offices in
major cities across six continents including: Bengaluru, Berlin, Dubai,
London, New York, Sao Paulo, Singapore, Stockholm, Sydney, and Toronto.

    http://www.hrmoilandgas.com

    Media Contact

    Michelle Petiza
    Marketing Manager - 4th Annual HRM & Training in Oil, Gas &
    Petrochemicals
    Michelle.petiza@iqpc.ae
    +971-4-3642975

SOURCE IQPC Middle East


Source: newswire



comments powered by Disqus