Wake up America!!! Regulations are long overdue. American oil and gas workers should not have to shoulder compensation, retirement or health benefit cuts disproportionately to our international colleagues due to not having unions or legal protections.
In fact, hourly workers and CL 26 and below should not have to take pay and benefit cuts BEFORE executives publicly announce salary and stock option cuts greater than or equitable to the cuts they are voting to enact on their US staff. It is disgraceful and greedy.
Dividends should NOT be paid when the employees compensation is being cut. PERIOD.
Whatever your political leaning, you should be angry .... you should contact your congressmen and women and you should demand basic employee rights similar to EU and other first world societies. The US is NOT leading, we are lagging. Capitalism is great, but not without some protections for the employees that build the products and services. Do not give 20, 30, even 40 years of service blindly trusting a corporation to do the right thing.
What is next? healthcare? PTO? Who else is tired of eating this sh– sandwich?