Talent Gaps, Shortages Affect Oil and Gas Industry Success

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Competition for talent in the oil and gas industry remains intense, and the talent gaps seen globally — especially for certain in-demand jobs and skill sets — have the potential to affect both the short- and long-term success of companies in the industry. Mercer’s global Oil & Gas Talent Outlook and Workforce Practices Survey, which collected data from 151 companies, identifies critical talent shortages and offers insights for addressing the industry’s talent challenges. Mercer advocates a talent sourcing and development strategy that aims to build an adequate supply of required talent, enhance the skills and capabilities of the company’s existing workforce, engage staff, and foster commitment and loyalty. These programs must also address the need to manage cost and risk exposure. “The tendency to simply ‘benchmark’ will not be enough,” said Jay Doherty, a Mercer partner and co-leader of the firm’s Workforce Sciences Institute. “Oil and gas HR leaders need to lead the way in … Learn more

July 21, 2014 | Categories: Infographics | Tags: , , , | 0 Comments | Leave a Comment »

African Cities Costly for Expats, Continuing Global Trend

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Two African cities — Luanda in Angola and N’Djamena in Chad — top the list of the most expensive cities for expatriates in Mercer’s 2014 Cost of Living Survey. It was the second year in a row that Luanda ranked highest, in part due to such factors as the premium price of imported goods, while much richer cities such as Singapore, Geneva, and Tokyo ranked lower. Mercer’s survey is one of the … Learn more

July 14, 2014 | Categories: Infographics | Tags: , | 0 Comments | Leave a Comment »

US Employers Prepare for Future Health Reform Provisions

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While some provisions of the Affordable Care Act (ACA) went into effect in 2014, other significant changes are yet to come. Mercer’s latest Health Care Reform Survey — the seventh conducted since 2008 — shows that US employers are actively planning for the employer shared responsibility provisions that take effect in 2015. The survey includes responses from 767 US employers. “While many … Learn more

July 7, 2014 | Categories: Infographics | Tags: , , | 0 Comments | Leave a Comment »

Perqs Add Value to Employee Reward Packages

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Nearly half of organizations in Canada and the US offer perquisites to help attract and retain employees, according to Mercer’s 2013/2014 Compensation Policies and Practices surveys for the two countries. The biennial surveys of 331 Canadian and 548 US organizations highlight traditional — and some less common — benefits and perqs in use. The surveys were conducted to shed light on the latest … Learn more

July 1, 2014 | Categories: Infographics | Tags: , , | 0 Comments | Leave a Comment »

Companies Only So Flexible on Employees’ Time

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In the heated competition for talent, companies will go to great lengths to recruit and retain the best and brightest. But according to Mercer’s 2013/2014 Compensation Policies and Practices surveys for Canada and the US, companies are willing to go only so far when it comes to flexible work arrangements. Data for this biennial survey were collected from 331 Canadian and 548 US organizations in … Learn more

June 23, 2014 | Categories: Infographics | Tags: , , , | 0 Comments | Leave a Comment »