Thread regarding Shell Oil layoffs

Group scorecard

Can someone explain why this the Q1 BPF was 1.25 whereas Q1 last year was nearly 1.5 with lower profit?

I understand that profit isn’t everything that gets considered in the scorecard, but we had solid outcomes in other categories (especially safety). I’ve also heard rumblings about “raising our expectations” for 2023, but that doesn’t make sense to me given that oil prices will almost certainly be lower this year than 2022. I’m obviously missing something but haven’t had the time to dig into the data.

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| 1644 views | | 2 replies (last May 6, 2023) | Reply
Post ID: @OP+1mtZDtBA

2 replies (most recent on top)

With the Deer Park incident, it is bound to go down

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Post ID: @1rmc+1mtZDtBA

BPF is a number that is easily manipulated to affect employees bonus regardless of how good the business was or not. If business has outstanding performance they will lowered because of safety, expectations, etc.

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Post ID: @wfl+1mtZDtBA

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