Shell hands out 8% salary bonus to employees amid record profits

Summary by Ground News

The energy major last week reported record profit for a second consecutive quarter thanks to soaring oil and gas prices and strong refining margins. The one-time payment will be made to most of Shell's 82,000 employees, but not to staff who are executive vice presidents or higher. It is not a response to inflation or cost-of-living challenges.

Published 4 months ago Photography Energy Voice

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The Guardian

Shell to give staff 8% bonus after record profits

Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices

4 months ago·London, United Kingdom

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The Star Kuala Lumpur

Shell gives employees 8% bonus after record profit

LONDON: Shell will give its employees a one-off 8% bonus after the energy giant reported two consecutive quarters of record profit, the company said on Thursday.

4 months ago·Malaysia

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Financial Post

Shell gives employees 8% bonus after record profit

LONDON -- Shell will give its employees a one-off 8% bonus after the energy giant reported two consecutive quarters of record profit, the company said on Thursday. Read More

4 months ago·Canada

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The Globe & Mail

Shell gives employees 8% bonus after record profit

Shell reported two consecutive quarters of record profit

4 months ago·Canada

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Deccan Herald

Shell gives employees 8% bonus after record profit

Shell will give its employees a one-off 8% bonus after the energy giant reported two consecutive quarters of record profit, the company said on Thursday. The bonus will apply to the vast majority of Shell's 82,000 employees but will exclude senior management of executive vice president level and higher. "The award enables those employees to share in our current operational and financial success – it is not a response to inflation or cost-of-livi…

4 months ago

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Energy Voice

Shell hands out 8% salary bonus to employees amid record profits

Shell has given the vast majority of its employees a bonus equivalent to 8% of their annual salary as earnings surge to historic highs.The post Shell hands out 8% salary bonus to employees amid record profits appeared first on Energy Voice.

4 months ago·United Kingdom

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