As the energy industry workforce continues to mature, a large number of employees are set to retire in the next five to 10 years. While efforts are underway to recruit and train younger replacements for these workers, utilities must plan for that transition and retain know-how.
The cover story for the August/September issue of American Gas magazine, titled “The Aging Workforce,” addresses several issues facing the industry as much of their workforce transitions to retirement and new employees enter the workforce. In this article several experts weigh in on topics including workforce planning, knowledge transfer and pension obligations.
While many utilities are using workforce analytics to understand when individuals are going to retire, they face the challenge of capturing knowledge and sharing it with future employees. Ken Mall with EDSI Consulting, a workforce development, customized training and consulting company, provides some basic steps all organizations should consider in defining their knowledge management priorities and creating a plan to meet those future needs.
Royce Kosoff, a senior consulting actuary with Towers Watson addresses the growing pension obligations utilities are facing. With more than one-third of U.S. utilities slowing the growth by moving new employees to 401K plans, some have taken an additional step of freezing the accruals for employees. Kosoff shares other steps to reduce the current risk exposure of pension plans.
To read the full article, click here. To see more from the August/September issue of the magazine, click here.
In 2015, the International Builders’ Show (IBS) and the Kitchen & Bath Industry Show (KBIS) will again co-locate at the Las Vegas Convention Center to create Design and Construction Week. The two events will remain separate and distinct shows held simultaneously, January 20 – 22, 2015. One badge will provide access to all the exhibits with an estimated 90,000 attendees.
As these build and design professionals enter the exhibition hall, the natural gas industry exhibit will be one of the first exhibits they see. This 2,500-square-foot exhibit will be the result of an important partnership between AGA members and manufacturers of gas appliances demonstrating the latest, most innovative technologies available to consumers.
In 2015, AGA will be the energy sponsor of The New American Home (TNAH). Since 1984, TNAH has served as the official show home of IBS. The home’s design, construction and amenities showcase the latest in innovative products for the future of home building. TNAH will feature 18 natural gas appliances in 2015.
The construction market continues to show signs of recovery and IBS exhibitor space sales has outpaced last year with more than 400,000-square-feet sold. If you are interested in supporting the natural gas industry efforts at IBS as a volunteer or manufacturer, please contact Tracy Burleson at email@example.com.
In 1996, Jeff Angeletti and a team of his colleagues at East Ohio Gas answered the call from a local housing rehabilitation nonprofit by making repairs to the home of an elderly woman. This was one of the first projects of the nonprofit now known as Rebuilding Together and more than 18 years after that first project, Angeletti serves as board president of the group. This is only one example demonstrating the long history and commitment utilities and their employees have to their communities.
Dominion East Ohio employees Ty McBee and Katie Dula joined other employee volunteers in packing meals at the Cleveland Foodbank.
The cover story for the July issue of American Gas magazine, titled “Good Works,” highlights Dominion Resources and Sempra Energy for their dedication and success in corporate social responsibility (CSR). Both companies are listed among North American’s “100 Best Corporate Citizens” by Corporate Responsibility magazine.
As an industry, utilities have set the bar high for CSR and continue their growing commitment to improve these programs. American Gas talked with top CSR practitioners to provide key steps to improve upon CSR and examples from other industries.
To read the article, click here. To see more from the July issue of the magazine, click here.
After a sluggish spring for new home sales, there was a much welcome surge in May. Sales of new single family homes increased 18.6 percent to a seasonally adjusted annual rate of 504,000 units in May according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is the highest rate in six years and was felt across the board in all four regions of the country.
As new home sales increased, so did builder confidence. The most recent report from the National Association of Home Builders/Wells Fargo Housing Market Index reported a four point rise to a level of 49. While this is still one point shy of the threshold for what is considered good building conditions, it too, is a welcome sign.
While the housing market continues to show positive signs, the National Association of Home Builders’ and suppliers to the industry are making plans for the 2015 International Builders’ Show (IBS) in Las Vegas from January 20 – 22. IBS provides an opportunity for builders to see and learn about the latest technologies for the housing industry. The American Gas Association will be there to welcome the more than 90,000 design and construction professionals to IBS. For more than 60 years, AGA has exhibited new and energy efficient technologies at IBS. For more information about IBS, please email firstname.lastname@example.org.
AGA’s booth at the International Builders’ Show in 2014.