Hays Oil & Gas - January 2010
Hotspots
Candidates with sub-sea construction experience are in demand due to the number of new fields that are coming online this year. In order to secure these skills, employers are starting to increase salaries in specific areas. They are also more willing to consider regional candidates as opposed to solely local candidates.
The coming quarter
Hiring intentions are very positive for the quarter ahead. Employers have indicated they will increase vacancies across the board. We expect this to continue for at least the first half of the year. Since a large percentage of these roles are to work on particular projects, the majority of upcoming vacancy activity will be for temporary assignments.
Executive recruitment
The executive recruiting market is also active. We've seen an increase in vacancies for Managing Directors and Regional Managers as opportunistic international businesses open in the region.
Employer trends
Employers are speeding up their recruitment process in order to secure the best of the skills available.
Candidate trends
There has been an overall increase in the number of candidates looking for a new role now that market confidence has improved. Despite this, highly skilled candidates remain in short supply.
