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Format: PDF

Date: 01/06/2008


Chesapeake Energy Fuels Growth With Strategic Focus on Human Capital

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Overview

Chesapeake has been hiring at a brisk pace over the last three years. More than 1,300 are employed in Chesapeake's geoscience, land and engineering departments, of which, 70% are degreed professionals. Chesapeake locate and tap its natural gas reserves. Finding and retaining skilled workers remains as challenging as ever. The industry-wide resurgence in drilling activity came at a time when the country was graduating fewer geoscientists and engineers than in years past. As a result, companies are finding it tougher to fill openings and many are retooling their pay packages to match the competition. The new system, built with Oracle's PeopleSoft Enterprise human capital management software, replaced five HR systems - some of them outsourced - spread across several business units.



See also: Human Capital Management