Page added on July 2, 2009
(Bloomberg) — BP Plc,
Europe’s
second-largest oil company, plans to cut pay for North Sea contract
staff, risking strike action later this year.
BP wants to reduce the cost of offshore platform workers employed
through contractors and plans to end discretionary payments
including overtime built-in to the day rate and automatic night shift
payments. The changes cut pay as much as 20 percent for 800 people,
union
leaders say.
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