Human Resources Management and the Growing Oil Economy in Guyana
Human Resources Management (HRM) plays a crucial role in the growing oil economy of Guyana. With the discovery of significant oil reserves off the coast of Guyana, the country is set to experience a significant economic boom in the coming years. As a result, the demand for skilled and experienced workforce in the oil and gas industry is increasing rapidly. This presents a significant challenge for HRM professionals in Guyana as they need to ensure that the right people are in the right place at the right time to support the growth of the industry. One of the main challenges that HRM professionals face in the oil and gas industry is attracting and retaining top talent. The industry is highly competitive and there is a constant demand for skilled and experienced workers. To attract and retain top talent, HRM professionals need to offer competitive compensation packages, provide opportunities for career advancement, and create a positive work culture. In addition, HRM professionals need t...