The global oil and gas industry experienced a 30% rise in new job postings related to corporate governance in Q1 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 13% decrease versus Q1 2023. GlobalData’s Oil & Gas: Hiring Trends & Signals Q1 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the oil & gas industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 12% share of the global oil and gas industry’s corporate governance-related total new job postings in Q1 2024, up 28% over the prior quarter.
Management Occupations drive corporate governance-related hiring activity
Management Occupations, with a share of 12%, emerged as the top corporate governance-related job roles within the oil and gas industry in Q1 2024, with new job postings rising by 28% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 8% in Q1 2024, with new job postings rising by 11% over the previous quarter.
The other prominent corporate governance roles include Business and Financial Operations Occupations with a 7% share in Q1 2024, Office and Administrative Support Occupations with a 6% share of new job postings.
Top five companies in oil and gas industry accounted for 30% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2024 were State of Alaska, Axalta Coating Systems, Linde, Delek US, and Roquette Freres. Together they accounted for a combined share of 30% of all corporate governance-related new jobs in the oil and gas industry.
State of Alaska posted 671 corporate governance-related new jobs in Q1 2024, Axalta Coating Systems 488 jobs, Linde 386 jobs, Delek US 370 jobs, and Roquette Freres 287 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 50.20% share of total new job postings, Q1 2024
The largest share of corporate governance-related new job postings in the oil and gas industry in Q1 2024 was in the US with 50.20% followed by India (10.32%) and the UK (4.64%). The share represented by the US was two percentage points lower than the 52.49% share it accounted for in Q4 2023.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q1 2024, buy the report here.
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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
