Posts filtered on Tag

wages

(Photographer: Daniel Acker/Bloomberg)

Wages for oil and gas workers are growing the slowest of any industry

on
Falling oil prices and a slowdown in the energy sector have prompted wage growth in the oil and gas industry — as well as Houston at-large — to come to standstill, according to new data.
Categories: featured, Workforce
Tags: | | |
(Photographer: Eddie Seal, Bloomberg)

Wage growth for oil workers slowed in 2014, data firm says

on
Data showed that oil and gas wages have grown at a slower rate every year since 2011
(StockMonkeys.com)

Shell Oil, Motiva to pay $4.5 million in back wages to nearly 2,700 workers

on
Shell Oil Co. and Motiva Enterprises have agreed to pay nearly $4.5 million in overtime back wages to 2,677 current and former chemical and refinery employees after federal regulators found violations of federal labor law.
(StockMonkeys.com)

Houston pay tops nation on oil, gas strength

on
Houston outpaced every city in the nation in annual wage growth during the second quarter, thanks largely to a generous bump in oil and gas-industry pay, according to PayScale.
(Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Norwegian oil industry faces mediation to avoid strike, output halt

on
Norwegian oil workers and employers will start mediation talks tomorrow to bridge differences and avoid a strike that threatens to halt about 115,000 barrels of oil a day
A worker inspects  facilities on an oil drilling platform. (Getty Images)

Oil industry demands most grueling work weeks — but offers top pay

on
Energy-related professions claim six of the top 10 longest work weeks, according to analysis by PayScale.
(AP Photo/Hasan Jamali)

Company forced to pay oil workers in labor dispute

on
An oil and gas equipment manufacturing company in Houston that is owned by one of the world’s largest land drilling rig makers has paid $687,469 in back overtime wages to 133 roughnecks and crane operators, the U.S. Department of Labor says.

The Connection of Depressed Wages to High Oil Prices and Limits to Growth

on
In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of wages will be a problem, not just for the workers, but for governments and businesses. Governments will ha…
Categories: Uncategorized

The Connection of Depressed Wages to High Oil Prices and Limits to Growth

on
In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of wages will be a problem, not just for the workers, but for governments and businesses. Governments will ha…
Categories: Uncategorized

Twelve Reasons Why Globalization is a Huge Problem

on
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the point that the world is finite. We do…
Categories: Uncategorized