About GETI

GETI is the world’s largest energy recruitment and employment trends report

What does the report include?

GETI has always tracked the period of remarkable change our industry is facing. Nothing has come close to the COVID-19 pandemic of 2020, which introduced unprecedented amounts of disruption. Of course, the pandemic is not the only story of the year:

• The energy transition is continuing
• Decarbonization has raced up the global political agenda
• Geopolitical tensions showed no sign of calming down

This year’s report was written just as pharmaceutical companies were announcing potential vaccines. But participants shared their views long before the news broke. Not surprisingly, disconcerted professionals are concerned for the future of their sector and for their personal career progression.

Key sector statistics:

Oil and gas:
• Eight-in-ten professionals feel less secure in their jobs than they did a year ago
• 42% of professionals believe the sector has contracted over the past 12 months
• But 57% believe their employer is resilient to both recent and future change
• 64% expect the sector to grow over the next three years.
• And two-thirds expect advances in engineering to open up important opportunities in the next three years
• For the first time in GETI history, over the past year more oil and gas professionals report a fall in pay (29%) rather than an increase (28%)
• However, 49% expect pay to rise in the next 12 months, compared to just 18% who expect further reductions
• 89% of professionals would consider relocating to another region for their job
• Career progression opportunities the number one factor attracting talent to a region
• Renewables (50%) and petrochemicals (25%) remain the biggest sources of competition for those open to switching sectors, respectively

Nuclear:
• Six-in-ten nuclear professionals feel confident that their business is resilient to the challenges it faces. Only one-in-ten disagrees
• 63% of respondents say that, were they entering the industry now, they would choose to pursue a career in the sector – the same figure as two years ago.
• 92% of those aged under 25 are satisfied with their decision to enter the sector
• 68% cite advances in engineering as among the most important opportunities facing nuclear
• The percentage of nuclear professionals reporting pay increases has dropped steeply YoY, from 54% to 37%. However, only 13% report a decrease – the smallest proportion of any sector
• 77% of professionals would consider relocating to another region for their job, with career progression opportunities (28%) and lifestyle and low cost of living (23%) the primary factors attracting talent to a region
• Power (37%) and renewables (34%) remain the biggest sources of competition for talent, for those open to switching sectors

Power:
• 77% of professionals expect the sector grow further over the next three years, with 39% of expecting strong growth over the next three years
• Two-thirds believe the sector is resilient to ongoing upheaval
• Advances in engineering seen as a key opportunity say 75% of respondents
• 56% of professionals cite the pandemic as a potential barrier to growth
• More professionals reported a pay increase (38%) than a decrease (16%) this year. Nonetheless, sector pay was much less buoyant than last year
• Professionals (63%) and hiring managers (60%) alike are optimistic of a pay increase next year
• 88% of professionals would consider relocating to another region for their job, with career progression opportunities (47%) by far the most popular factor in attracting respondents to a new location
• Renewables (56%) and oil and gas (32%) remain the biggest sources of competition for those open to switching sectors

Petrochemicals:
• 86% of those working in petrochemicals believe that life in the sector will be permanently changed by the events of the past year.
• In fact, 48 % are convinced that the new normal is here already.
• Social distancing (61%), workspace flexibility (54%) and reduced headcounts (52%) are the most anticipated features of the new normal
• But 61% of respondents believe the sector is resilient to the changes it faces
• Training and mentorship are the resilience-building measures most requested by professionals
• More professionals reported a pay increase (37%) than a decrease (24%) this year, unlike their upstream colleagues. Nonetheless, sector pay was much less buoyant than last year
• While professionals (56%) and hiring managers (58%) alike are optimistic of a pay increase next year, this is down on last year, when 70 per cent of both groups expected pay to rise
• 87% of professionals would consider relocating to another region for their job, with career progression opportunities (43%) by far the most popular factor in attracting respondents to a new location
• Oil and gas (49%) and renewables (35%) remain the biggest sources of competition for talent, for those open to switching sectors

Renewables:
• 77% of professionals believe that the sector has grown over the past year
• 52% of professionals expect the sector to experience strong growth over the next three years
• Professionals and hiring managers do acknowledge the pandemic as a potential barrier to growth, with 56% citing it as among the biggest challenges facing the sector
• But two-thirds believe the sector is resilient to ongoing upheaval
• Advances in engineering seen as a key opportunity by seven-in-ten
• More professionals reported a pay increase (35%) than a decrease (16%) this year. Nonetheless, sector pay was much less buoyant than last year
• Professionals (67%) and hiring managers (60%) alike are optimistic of a pay increase next year
• 85% of professionals would consider relocating to another region for their job, with career progression opportunities (47%) by far the most popular factor in attracting respondents to a new location
• Power (54%) and oil and gas (33%) remain the biggest sources of competition for talent, for those open to switching sectors, respectively

Energy Jobline

Energy Jobline is the leading specialist job board for energy globally and currently hosts a database of over 750,000 professionals, advertising over 10,000 of the world’s top energy jobs. Energy Jobline (EJL) offers talented industry professionals exciting opportunities in the Oil & Gas, Renewables, Power, Nuclear and Petrochemicals sectors.

Energy Jobline focuses heavily on industry mobility and enabling its vast network of talented professionals to move between energy sectors where possible, as well as supporting the global mobilizing of energy employers and candidates. This has enabled Energy Jobline to become the go-to job board for jobseekers, with a third choosing us as their exclusive job board partner.

Energy Jobline is a significant value-add to any energy employer or agency, providing the best recruitment opportunities to both professionals and businesses globally.

Whether you are looking for a new role or you are looking to hire the best talent in the energy market, please contact us to discuss in more detail.

Contact us to find out more:
geti@energyjobline.com
www.energyjobline.com

Airswift

Airswift is an international workforce solutions provider within the energy, process and infrastructure industries.

We serve as a strategic partner to our clients, offering a turnkey workforce solution to capture and deliver the top talent needed to complete successful projects. Our expert team of recruitment consultants are also ideally positioned to help candidates find their next role, while our global mobility teams support them every step of the way.

With over 800 employees in 52 offices worldwide, 7,000 contractors and a candidate database of 500,000, our geographical reach and pool of talent available is unmatched in the industry and the level of experience that the organisation has is unparalleled.

Airswift works with 100% of the world’s supermajors and is ideally placed to be the global leader of workforce solutions to our target industries.

Our expertise covers a range of service lines, including talent acquisition, global employment, global mobility, managed solutions and consultancy.

Contact us to find out more:
geti@airswift.com
www.airswift.com

Download Previous GETI Reports

You can download the 4 previous reports in our archive

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