India: Oil & gas explorers face talent crunch

Retaining talent in the exploration and production (E&P) segment has become one of the most challenging tasks in the oil and gas business. The problem has aggravated with the surge in interest among global oil and gas majors in India following major hydrocarbon discoveries in the past four years.
India’s largest private sector explorer, Reliance Industries (RIL), has more than doubled the salary of its E&P employees, in a bid to retain talent. State-run ONGC, on the other hand, is attempting to lure back former staffers who joined private firms in India and overseas. Besides attractive remuneration, ONGC is offering them enhancements like profit sharing, periodic incentives and accommodation, amongst others.

India Times