Workforce Report 2018

WORKFORCE REPORT 2018

283,000 jobs

for the first time since 2014 travelled offshore in 2017

5. Future Considerations

Almost 50,000 people Total employment is expected to increase in 2018

The industry supports around

Production per offshore worker Industry has had to face the threat of industrial action 42% spreads across all areas of the UK Industry's economic contribution Brexit must be managed carefully Females represent just over 3% for continued access to skilled workers from across the EU of the offshore workforce since 2014

In Summary S ince 2014, the UK oil and gas industry workforce has contributed significantly to the progress made by the sector as businesses have had to adapt to the challenging market conditions. Although this period has been difficult for everyone involved, these changes have been required to ensure continued sustainability of this industry for now and decades to come. Looking ahead, it is recognised that effective workforce planning – as well as engagement – is critical for industry to maximise the recovery of the UK’s oil and gas resources, with the wider benefits this brings to the economy in terms of jobs, security of energy supply and a supply chain anchored in the UK that exports its services worldwide. There are also a number of new challenges and opportunities on the horizon, such as Brexit. Fourteen per cent of those who travelled offshore, often in highly skilled and critical roles, came from outside the UK in 2017, half of those coming from other EU countries. As the UK moves through the transition period, it is vital that the arrangements that are put in place for the movement of labour are as frictionless as possible. In addition, at the time of writing, the limit on tier two visas has been reached for six consecutive months, raising further concerns of skills shortages (not just restricted to oil and gas). If realised, this could lead to cost increases that will impact industry competitiveness. There is also the prospect of changes arising from the Taylor Review recommendations published in July 2017, the government response released early 2018 and the consultations emanating from them. Also, the Government’s consultation on off-payroll working, concerning the possible extension of tax (IR35) reforms from the public to the private sector has just closed. Such an extension will have significant implications for companies who use the services of self-employed contractors. For industry to achieve its vision for the future and remain competitive in the global market, it is essential that the workforce is equipped and skilled to embrace continued development and the deployment of new technologies. The recently published Workforce Dynamics Review , commissioned by OPITO and conducted by Robert Gordon University’s Oil and Gas Institute, provides a useful focus for industry regarding this transition. travelle offshore in 2017 Industry has had to fac the th eat of industrial acti n Production per offshore worker 42% since 2014 Brexit must be anaged carefully Almost 50,000 people travelled offshore in 2017 Industry has had to fac the threat of industrial action for the first time ince 2014 283,000 jobs for continued access to skilled workers from across the EU

Industry’s gender pay gap (hourly pay) is 24.4%

£

compared to the national average of 18.4%

deals total nearly $6 billion combined over the first half of the year

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