Thread regarding BP PLC layoffs

UK comp plan

Is anyone able to share the high level changes in the comp plan being announced in the UK today?

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| 2761 views | | 4 replies (last February 28, 2021) | Reply
Post ID: @OP+19sGgwgL

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Any word on the US comp plan or severance for 2021

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Post ID: @bvem+19sGgwgL

UK salaries rise to unprecedented levels, as the increased compensation will allow the average UK employee the ability to buy toothpaste. It is rumored that next year’s budget will actually allow for toothbrushes. This is a molar-inspiring event for the company.

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Post ID: @4qzz+19sGgwgL

whats the new redundancy terms.

when does the final salary pension close.

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Post ID: @fnh+19sGgwgL
  • UK base pay will rise by 4.5 percent this year.

Increased share scheme allowances, annual leave increased from 25-28 days, redundancy terms much lower than before, final salary pension to close with no further benefit accruals for existing members. Location allowances to be phased out.

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Post ID: @vyl+19sGgwgL

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