Workforce Report 2019

259,900 jobs

WORKFORCE REPORT 2019 WORKFORCE REPORT 2018

for the first time since 2014

5. Future Considerations

Offshore employment stabilised Total employment is expected to inc ase in 2019

The industry supports around

80% of offshore jobs are in supply chain Increasing focus on pay transparency £ 39% of jobs based in Scotland

In Summary T he past year has given a clear indication of the direction of travel for organisations when it comes to reporting employment data. As well as reporting gender pay gap figures for the second time, employers were consulted on how ethnicity pay gap reporting could be introduced. OGUK members support increased transparency in terms of reporting but acknowledge there will be challenges to ensure accurate measurement. Discussions around diversity and inclusion will continue to grow and broaden at an industry level. With new corporate governance reforms related to executive pay reporting and the requirement for companies to demonstrate how their employees’ voices are heard in the boardroom also on the statute books, the focus on transparency and raising workforce engagement will continue. As anticipated in last year’s report, HMRC has introduced reforms to the off-payroll working tax regime (known as IR35) which will take effect on 6 April 2020, and medium and large companies are preparing for implementation. OGUK is supporting members and has issued guidance to members to facilitate a smooth transition to the new regime. £ Offshore employment stabilised 259,900 jobs

for the first time since 2014

Increasing focus on pay transparency 80% of offshore jobs are in supply chain

Changes to the IR35 legislation will have significant impact 7%

of the offshore workforce from other EU countries

Increasing focus on pay transparency

Changes to the IR35 legislation will have significant impact

Industry’s gender pay gap in 2018 was 24.3%

£

£

compared to the national average of 17.9%

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

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