I understand the need for layoffs in the oil and gas industry, but if the CEO took even a tiny pay cut, it would save jobs. He talks about morality and ethics while not caring or knowing a damn thing about who works for him.
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CEO and CFO still make in a week what the average employee makes in a year.
Company code of Ethics,” tone from the top”
I would take no pay during the fiscal year until recovery.
immoral greed
Additionally, we have announced revisions to compensation through the end of the year which include a 30 percent reduction to the Chairman and Chief Executive Officer’s salary; a 30 percent reduction in the Board of Directors’ retainer; and a 20 percent reduction to the Executive Leadership team’s salaries
Awfully nice of the executive team and board to reduce their salaries by just enough to directly save their children and other family members’ unnecessary roles in the company.
run-rate by the end of the year.
Additionally, we have announced revisions to compensation through the end of the year which include a 30 percent reduction to the Chairman and Chief Executive Officer’s salary; a 30 percent reduction in the Board of Directors’ retainer; and a 20 percent reduction to the Executive Leadership team’s salaries
I am sure the girl in accounting is working from hone and putting down twelve hours a day seven days a week