Why would Oxy pay its Petro Technicals a very generous one time bonus unrelated to yearly goals or performance. Some top onshore and offshore engineers received +$60,000 for their efforts..
Your opinions?
Will COP follow the Oxy extra bonus?
2 replies (most recent on top)
Word on the streets was MRO slung a one-time $10K forgiveness bonus across the board (to non-named directors) in the summer of 2022 to make up for decades of gross underpayments relative to even the middle of the road independent.
It just meant more because DVN did it first and 15% annual bonuses with 30% below market bases are competitive!!
Because no one wants to work for Oxy.
And No, COP is like the Dollar Store and won’t pay a premium or market price. Keep dreaming.