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BP CEO Salary Baits American Employees

One of the world's largest oil companies, British Petroleum, yesterday suffered the attack

BP CEO Salary Baits American Employees

One of the world's largest oil companies, British Petroleum, yesterday suffered the attack for slashing healthcare benefits for its American employees while awarding huge pay increases to its executives.
American oil workers' union expressed their "disillusionment and anger" at BP's policy towards existing and retired staff, at a prolonged annual meeting dominated by overseas environmental protests - and complaints from UK shareholders about share buybacks rather than fatter dividends.
Keith Romig, the Pace director of national and international affairs, said: "US workers facing these cuts are very well aware that Lord Browne has a big salary package with an enormous annual increase?.
BP, which prides itself on its pioneering record in promoting sustainable development and human rights, came under frequent attack for the gap between its rhetoric and its practices in some of the world's poorest regions.

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