Sunday, August 16, 2009

HR Hiring Activity in Energy

Last last year and early this year (first month or so) -- there were several senior level HR jobs out for search in the industry. Then during February, March and part of April - it seemed to just dry up. Many jobs were put on hold, retirements were postponed and HR hiring activity stalled. Then it appeared that activity was starting up in late April and May -- but then the summer came and jobs stalled again.

There are some jobs that are being filled - but nowhere near the level that the industry has seen in the past. I have some inquiries about temporary or contract help - but even this seems to be quiet. My experience is that there is cost control efforts and bringing in anyone new - is noticeable and questions are asked.

Looking out - oil prices have recovered some, demand looks good in the out years for oil (think China)... so hopefully hiring activity will pick up. Natural Gas prices in U.S. are still under pressure and so are Natural Gas companies, so don't expect much for awhile.