Attraction and retention of talent to and through the energy transition
December 10, 2024
What will 2025 bring to the energy industry and how will that translate into priorities for the people risk agenda?
For the first time, multinational businesses with employees in the EU and the European Economic Area will need to quantify not just base pay and incentives, but also the value of pensions, other benefits, and perks to comply with the new EU Pay Transparency Directive.
The Directive provides a legal framework to strengthen the principle of equal pay for equal work between men and women; important legislation in driving equality in the workplace as well as boosting pay transparency for all. Under the Directive, the definition of pay extends beyond traditional base salary to encompass complementary or variable components of pay, including pensions and other benefits.
With rising healthcare costs affecting almost every business, it has never been more important to focus on prevention and early intervention in order to find sustainable ways to combat not only rising costs but evolving employee expectations.
As we enter 2025 our clients in HR and compensation are considering their priorities for the year ahead. It’s never been more important for employers to understand what their employees need and want from their workplace around compensation, working patterns and health & benefit provision. Ensuring you have the right benefits, services and interventions in place will lead to greater engagement, productivity and retention.
Join us to hear from our expert speakers discussing these key themes for the Energy industry in 2025.
Agenda
| 09.00am | Arrival and registration |
| 09.30am | Energy market positioning and strategic talent trends for 2025 - Milan Taylor, Partner and Global Energy Leader, Mercer Milan will explore what the HR priorities are likely to be as we move to 2025 and how energy HR teams are tackling some of the pressing issues of the day. |
| 10.00am | EU Pay Transparency Directive for Energy Sector - Ajbir Dosanjh, European Energy Leader Mercer Do you have the right data, tools and processes to understand, value and quantify gender pay gaps across your entire suite of benefits, including historical arrangements, grandfathered benefits and those offered to protected groups? Are you comfortable that pay ranges you disclose present a fair and reasonable picture of your reward package? Organizations that are found to be non-compliant with the new legislation will need to make adjustments, and could face compensation claims – with no upper limits. |
| 10.45am | Break |
| 11.00am | The rising cost of health – Grant Mckendrick, Senior Associate, MMB Grant will provide an update on the current Health & Benefit landscape, highlighting some of the challenges employers are facing in relation to increasing benefit costs. |
| 11.10am | Breakout Discussion - All What are the key health & wellbeing challenge you believe are prevalent in your business? (5 mins) How is your business quantifying and measuring your key health risks? (5 mins) What actions are you taking to offset the presenting key health risks? (5 mins) Group Discussion (5 mins) |
| 11.30am | Actions you can to take to better manage increasing costs – Grant McKendrick, Senior Consultant, MMB / Keiran Lander, Client Director, MMB Following on from the previous Wireless session and above break out discussion, we will dive deeper into some of the actions Employers can take to measure and challenge key health risks and rising costs. |
| 12.00pm | Feedback and Close |
Speakers
Venue
Village Hotel, Prime Four Kingswells, Aberdeen AB15 8PJ.
Contact: Pazit McAuley