Employee Recruitment and Retention

College
Research Proposal
Miscellaneous
Pages 6 (1506 words)
Download 0
With today's extreme dynamic job market, industries continue to review and amend policies to ensure competitiveness and equity of resources, although there may be diverse issues and concerns expressed by the stakeholders such as inflexibilities of their current compensation…

Introduction

Considering this worldwide demands, labor force also needs to acquire more broad skills as well as continuous learning in order to utilize technology efficiently. Understandably, building, operating, and maintaining the petrochemical plants, marketing and distributing of different products, require technical expertise (Dolan, 2004; p 117) critical in the recruitment and retention procedures in a company.
As oil and gas companies continuously expand, they are also confronted with labor crisis which brought about by the layoffs made previous years ago and the labor force has continued to shrink according to various petrochemical companies (Parry, Davidson & Clark, 2006; p 2, par 1). The Human Resource Departments of different Oil & Gas Producers added (2005; par 1-2 ) that they are facing one of the greatest challenges companies have encountered in the recent years. Undeniably, pool of engineers in the industry is aging. In United Arab Emirates for example, the mean age of production engineers is around 48. Therefore, HR departments are
quite pressured to prepare for the replacement of their aging workforce by the young professionals within the coming years (AME Info, 2005; par 1-2). Besides, competition in the labor market these days is very tight.
Khafji Joint Operations (KJO), an oil and gas company of the jointed Saudi Government and Arabian Oil Company (AOC) in accordance with ...
Download paper
Not exactly what you need?

Related papers

Critically Assess and evaluate total reward packages as a contributory factor in employee retention A case study based on Marks & Spencers(the orderno
This research focuses on a particular case study within Marks and Spencer, a major UK superstore to understand the impact of rewards, incentives and performance appraisal on employee motivation and performance. Marks and Spencer is a leading name in retailing within the UK. The company maintains that the rewards package given to its employees is flexible, competitive, focused on superior results…
Recruitment and Selection Strategy
All these efforts are aimed at making organizations more competitive and yet these activities have one profound effect on organizational life: Managers are being asked (told) to do more with fewer people…
Public Information Officers Report
CSR is not a new concept in the corporate world. The business organizations across the globe, both small and big have realized the significance of being socially responsible from the past experiences of many socially unsuccessful companies such as Enron. It has been well acknowledged by the corporate community that companies that seriously take care of CSR are more likely to sustain than those who…
Human Resource Management: Employee retention
It was only the people who could lead an organization in the right direction and could individually and collectively contribute to achievement of the business objectives (Armstrong, 1992) …
Employee Recruitment and Retention
Considering this worldwide demands, labor force also needs to acquire more broad skills as well as continuous learning in order to utilize technology efficiently. Understandably, building, operating, and maintaining the petrochemical plants, marketing and distributing of different products, require technical expertise (Dolan, 2004; p 117) critical in the recruitment and retention procedures in a…
Social Justice and Corporate Social Responsibility
The European Commission defines CSR as "a concept whereby companies integrate social and environmental concerns in their business operations and their interaction with their stakeholders on a voluntary basis." (A Business Contribution to Sustainable Development. n.d.) In an article by John Richardson (2008) pointed out that a company is said to be socially responsible if "it conducts itself…
Employee Recruitment and Selection
Although commonly used, the term recruitment is difficult to define. A comprehensive definition, which permits meaningful consideration of the complexity of the process and the variables involved and reflects both the identification and attraction functions, is difficult to formulate. A suitable definition, although not comprehensive, is: Recruitment is the process of identifying and attracting…