With oil prices low, the pockets of many in the industry may be slimmer than we’d like. As always, we have the option to look at that a situation with a positive or negative lens. I choose positive.
It is true that the oil & gas industry is currently down, and it is also true that very few are actively seeking talent due to this. However, this is not always wise behavior. Current market conditions make for an opportune time to access top talent that might not have been available last year. When oil was trading at more than twice the amount it is currently, many oil & gas companies were trying to pull at once from the same talent pool.
The market may not be competitive at the moment, but when it becomes so again, marking smart hiring moves when no one else was, will provide that competitive edge.
When others are losing their heads, keep yours looking into the future.