Executive paychecks at America’s biggest oilfield-service providers are returning to pre-pandemic levels after a virus-driven market crash triggered management salary cuts.
Last year, 70% of the hired hands of the oil industry slashed base salaries for executives, according to a report released Wednesday by restructuring firm Alvarez & Marsal Inc. and executive-compensation-data provider Equilar Inc. Of that group, 62% have brought management salaries back to pre-pandemic levels.
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September 02, 2021 at 12:20AM
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Executive Paychecks at U.S. Oil-Service Firms Rebound From Crash - Bloomberg
"oil" - Google News
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