Stability in Oil Prices Brings Good News for Aberdeen Recruitment

The shifting price of oil and oil products has had a very adverse effect on Aberdeen Recruitment which is critically dependent on the wellbeing of the oil and gas industry. Because of the unpredictability and the uncertainty that the oil and gas industry is going through, the fortunes of the recruitment companies too are being adversely affected.

From 2005 to 2009, the oil and gas recruitment sector witnessed significant and unparalleled growth. This momentous growth was due to the fact that oil had hit an all-time high of $145 per barrel. This record rise in price meant bad news for the consumers but on the other hand, it opened up huge recruitment opportunities for individuals seeking a career in oil and gas industry. Sadly, when the prices dropped, the feasibility of many projects became untenable and consequently these projects were put on hold. As the oil prices shifted back to their normal levels, they took the level of permanent and contractual appointments significantly down with them.

The good news is that the price of oil has now entered the stable zone, and large projects are being launched, released and reopened once again. Huge corporations are once again investing in the oil and gas sector and news jobs and job roles are being announced every day. Europe, particularly Scotland is still facing the after effects of the recession and is still struggling against a backdrop of severe public sector spending cuts and mass unemployment.  But because of the investments and interest shown by the oil and gas corporations, the Aberdeen Recruitment market is demonstrating a strong growth trend, with the level of demand for permanent placements from employers increasing significantly.

The nature of the oil and gas industry is truly particular and unique. The high level of vacancies and pay rates are always an attraction for candidates looking to migrate from one country to another or from one profession to another. Usually, the candidates from other sectors find it very tough to adjust themselves accordingly because of the unique knowledge and specific skill set required for surviving and performing in this industry. The high number of vacancies being announced means that the candidates will have a clear upper hand when it comes to negotiating salary, benefits and contract terms.

Traditionally, the Aberdeen recruitment model has always centred on providing services with a very tough competition in price, speed of delivery and volumes. The traditional model is now witnessing a rapid transformation to a relationship-driven model as clients become more aware and demand a higher level of commitment, consultation and expertise from recruitment providers in the area.

The transformation of the business model does not mean that cost per hire is no longer an important factor to consider, it still is, but businesses have evolved and have adopted elements of both models to put an end to hiring the wrong people for the job at hand. Doing so has helped corporations to quantify results in terms of the time spent on the recruiting process, the agency fees and the net outcome.

The changing landscape of Aberdeen Recruitment presents recruitment agencies with lots of opportunities for business development. The recruitment agencies that offer a consultative approach and innate knowledge of Aberdeen Recruitment are sure to thrive and grow if they capitalize on the opportunity presented to them.

For exciting Aberdeen Recruitment opportunities and oil rig jobs visit www.hazelleng.com