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As the only millennial in the WSR office, I get it — us millennials get a bad reputation in the workplace. But it’s closing in on the time when companies (and yes, even oil companies) need to embrace the millennial worker. In fact, you have fewer than three years to accept that millennials are here to stay: by 2020, 50% of the workforce will be the millennial generation, and there will be no avoiding us after that.
What is it about the word “millennial” that makes businesses worry? It might be that 51% of businesses report that millennials are the most costly individuals to hire and train. That fact, coupled with knowing that 60% of millennials are open to new job opportunities at any given time, causing millennial turnover to cost the US $30.5 billion each year, means that companies need to figure out retention strategies — and fast.
For oil and gas, that means utilizing technology to retain young, skilled employees. 21% of millennials say technology that improves the work process can give them more reason to stay at a job. That means less turnover and less money being spent training new employees. Here at Wellsite Report, we are all about process, user-friendly technology, and giving employees the tools needed to make their job easier and faster.
The one complaint I hear over and over from my millennial friends (and to be honest, a complaint I’ve had at previous jobs), was the lack of process, accountability, and follow-up in a workplace’s set-up. Everyone hates wasted time, but we’re willing to leave a company for less money to improve quality of life. Embrace process technology now and be ready for when your company is half-millennial, because whether you like it or not, it’s coming faster than you think.
Wellsite Report is here to streamline your process, simplify the training process, and retain millennials for the oil and gas industry.
Field Associations: this important addition to Wellsite Report changes the way you’ll manage your equipment. It’s one of the many ways our Custom Forms is a powerful, unique tool for your business. So, what are field associations? Should you be using them? Let’s dive in and take a closer look. What are Field Associations? Field […]
Have you ever sworn you sent a text message, just for the recipient to swear they never received it? Or have you gotten a text from a friend that is so long it splits into multiple messages, gets sent out of order, and you’re left scratching your head? Trying to figure out an out-of-order text […]
Improved WSR Email Alerts Have a contractor or operator who needs to be kept in the loop but not part of Wellsite Report? Send automated email alerts to people who do not use WSR Email alerts now allow for formatting including bold, italics, underline, and more Email alerts now can include the value submitted on […]
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