Towards Valuable Source of Sustainable Competitive Advantage in Oil & Gas Sector through Strategic Human Capital Management
Nico C. Paltingca, Imee C. Acosta, Eduardo P. Malagapo
Abstract
Company sustainability entails the importance not only of a firms’ profit and impact to the environment but also to its people, as they are a primary asset of the company considering their unique skills and active roles that contribute to organizational success. The purpose of this research study is to investigate between and among the relationship of the respondent’s profile, compensation package, strategy dashboard, employee skills and employee roles in achieving company sustainability. Data gathered from survey questionnaire were tallied and analyzed using SPSS. Descriptive-correlation method design was used to determine the correlation between and among the variables. The findings revealed that job compensation package and strategy dashboard are significantly correlated with employee skills and employee roles. Participants believe that developing, retaining, and compensating committed and talented employees would keep the company in sustained competitive advantage in spite of slumped world oil price that severely affects oil & gas industry.
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