Workforce Development

Could falling oil prices stabilize skilled craft labor costs in the US?

Feb 10, 2015

The U.S. petrochemical industry is facing a serious shortage of skilled craft workers. The problem is further exacerbated by the cost of labor, which has been rising in the recent past. However, falling oil prices may be good news for companies, as they may...

Strategies for mapping out a career path in construction

Feb 6, 2015

Construction companies are finding it ever harder to compete for skilled craft workers based on salaries alone. Providing long-time career mobility could help them attract and retain the best talent.

Training innovations could bring relief for looming petrochemical workforce gap

Feb 6, 2015

More effective external training programs and in-house knowledge transfer initiatives could help companies cut costs, boost productivity and build long-term skill pipelines.


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