Marisa de Belloy’s Post

One really important take away for ERC is "Declared Disaster Areas" (DERC) throughout the US was assimilated into the COVID ERC relief package. ARPA expanded the ERC, making almost every employer eligible. It also extended ERC through the end of 2021 and increased the credit dramatically. For 2021, the ERC provides a refundable tax credit up to 70% of up to $10,000 in qualified wages paid per employee per quarter. This brings the total annual amount of the credit to $28,000 per employee for 2021. That is more than five times the credit! It is expected that the IRS should be moving forward with ERC submissions and refunds end of the 2nd Qtr / early 3rd Qtr.

Very important in this state of cost of living crisis too. Plus there’s also the factor of how much an individual values the skills, experience and knowledge that they’ve gained over their career to date. #recruitment #talent

Opportunity with Environmental Incentives

You do not have to be an expert to add value Early in my career I had the limiting belief that you had to be an expert at something before you could add value. As time passed, I learned the importance of showing up with the intention of contributing even if I were not sure how I would do that. I found that I was not alone and realized that most of us feel that way from time to time, but we can’t let it stop us from putting ourselves out there. I remember the day I received a call with an invitation to become a board member of the Federal “PAC” (Political Action Committee) for the company I worked for in the Energy industry. I recall thinking this person called the wrong number and responded – “…this is Jen in HR did you mean to call me?” I was surprised to learn that – yes, they wanted my perspective, my voice and participation. Although I felt wildly out of place, I was intrigued and accepted the invitation. I served on the board for about three years.  I also became an active member of the Employee Political Action Network “EPAN.” While I am still not a political expert, I am grateful for the experience. I also met many incredibly talented people that I was able to learn from and get to know better. I found the work to be fascinating and enjoyed visits to the capitol to meet and discuss energy related bills with our legislators such as the “Move over” law (to include utility vehicle and highway maintenance vehicles) and policies related to energy efficiency and renewable energy. I continue to branch out into new areas and life just keeps getting more interesting!  What have you said “yes” to lately?  #careeradvice #getinvolved #jobtips #professionaldevelopment

How about retiring the following beliefs That the best leaders are always ⚪️ That past behaviour indicates future performance That experience is greater than ability That you can achieve inclusion without shedding those against it That the loudest is the best suited for progression People who pre-judge others for stating their own priorities 'only' need training 🙄 Any beliefs you'd like to see retired❓️ #peoplefirst #employeeexperience #leadership

O&G salaries in free fall! A great mentor and now friend of mine is an ex-oilman turned CCUS entrepreneur – a testament to the transformative times we live in. Our conversations spiral many topics from casual to insightful and recently we hit the topic of the oil and gas industry's talent drought. It’s become quite the news: Harold Ham – “We want to get the next generation of gamechangers involved” [1] WSJ – “Big Oil’s Talent Crisis: High Salaries are No Longer Enough” [2] Many who have left oil and gas for greener pastures hold the notion that the industry is fading, a victim of energy transition. They think that is why we cannot attract talent. Seemingly the 'youth' don’t want to be associated with such dirty and out of fashion work. The data doesn't follow the narrative. Yes, U.S. oil production is at a peak, but the paycheck for the effort? Not so much. We're pumping more barrels than ever, near all-time low employment levels (see my last LinkedIn post), but O&G employees’ incomes are in a nosedive. It raises the question: why join a field where more is done with less and for less? How can you convince someone to sign up for a 20+ year career while at the same time dropping salaries and the number of roles available year after year? The ‘kids’ are acting rational. Layoffs and consolidations paint a picture of efficiency, but they may also signal an unsustainable squeeze on human capital. We must ask ourselves: Are we in the middle of a talent exodus because we failed to make the industry appealing, or is it simply that we're expecting champagne output on a beer budget? The story isn't just about cleaner energy; we need a better value proposition. In the words of Rod in Jerry Maguire: “Show me the money!” What do you think? Is the problem attractiveness or is it the dropping compensation? #OilandGas #EnergyTransition #WorkforceTrends #USOilProduction #EconomicRealities [1] https://lnkd.in/gFb4n8ky [2] https://lnkd.in/gNtVVvrK [3] data for charts per BLS (hours, hourly wages, and CPI)

‘UK green job growth lags behind.’ New data from the Office for National Statistics reveals weak growth in green jobs since 2014. Trades Union Congress (The TUC) #energycosts #energycrisis #energycustomers #energydemand #energyefficiency #energyjobs #energymarket #energyprices #energytransition #energyusage #gasprices

A great plus of being in the Oil and Gas industry is the salary. Being an engineer, or even being in the Oil and Gas industry, pays higher than most occupations. As you can see from this chart, even during the Covid year (2020), the average salary for O&G employees was at a high point. #PGE301

Come for the GWA members talking about "temp agencies taking the "good-paying" part of the job away" in the government-funded transition to clean energy, stay for the interview clips with me in this More Perfect Union video!

We're nearly mid-way through post-bonus season - traditionally the busiest period for employee resignations and moves, with between 20-40% more jobs typically available in the Finance, Real Estate, Construction, and Renewables spaces than other periods in the year. Have you considered what your organization and department will do if your key staff decide to leave? With data from LinkedIn suggesting that nearly 1 in 10 people in these sectors moved jobs last year, Managing Director Nick Louca looks at how you can navigate the challenge as and when it arises below 👇 👇 https://lnkd.in/eZkF7hng #bonus #recruitment #realestate #property #construction #finance #accounting #accountancy #renewables