The “Workforce of the Future” survey advances ADNOC’s Oil & Gas 4.0 mission to help meet the world’s increasing demand for energy and higher-value products by fostering a dynamic and performance-led culture that cultivates talent and applies the latest technology to optimize resources.
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The survey findings show that the oil and gas industry is facing strong competition in attracting science, technology, engineering and mathematics (STEM) talent, with 44% of STEM Millennials and Generation Zs (Gen Z) interested in pursuing a career in oil and gas, compared to 77% in the technology sector, 58% in life sciences and pharmaceuticals, and 57% in healthcare.
• “Salary,” “work-life balance,” “job stability,” “on-the-job fulfilment,” and “a good work environment” are ranked the top five drivers behind potential career choices for STEM Millennials and Gen Zs.
• Young STEM talent also associate the oil and gas industry with high salaries and see it as an industry that is invaluable. “The industry pays well,” “the industry is crucial for their country’s economy and development,” and it is “an industry we couldn’t live without,” are ranked as the top three positive attributes about the industry.
• STEM Millennials and Gen Zs show the most interest in industries that they believe will be most impacted by new technologies. Globally, 42% say that new technologies will have a major impact on the oil and gas industry, while 56% say the same for healthcare, 53% for life sciences and pharmaceuticals, and 73% for the technology industry.