alented employees are the key to value creation and growth at ConocoPhillips. We believe that the creativity, commitment, knowledge and skill of our employees can enable differential business outcomes.
“Human Resources plays a critical role in developing and delivering the people strategies that drive our success,” said Carin Knickel, vice president, Human Resources. “We partner with the business units to identify individuals with superior talent and provide a framework for effective performance management and development. The result is a work force capable of sustaining and growing our business.”
To overcome an industry-wide shortage of qualified technical personnel, ConocoPhillips increased its emphasis on recruiting both recent college graduates and experienced personnel. Members of management from throughout the company participated in the recruitment process, which succeeded in hiring approximately 2,900 new employees during 2007 to bring the total work force to 32,600 at year end. The company also employed 415 interns in key areas, building a base of potential future employees.
Throughout an employee’s career, professional development opportunities are made available. During 2007, $47 million was invested in training with approximately 33 percent of non-store employees receiving developmental and technical training and nearly 88 percent participating in organized training activities.
“As a result of these efforts, we believe that ConocoPhillips has exceptional individuals and teams in place in all our businesses with the professional development tools to ensure that they reach their full potential,” Knickel says. “We are confident that our people are ready for the challenges of the future.”
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