TotalEnergies to Pay Exceptional Bonus Amid French Strikes -- Update
13 Outubro 2022 - 5:47AM
Dow Jones News
By Pierre Bertrand
TotalEnergies SE said Thursday that it will give an exceptional
bonus equivalent to one month's salary in December to all of its
employees worldwide.
The move comes as the French oil-and-gas company struggles with
strikes affecting the country's fuel depots, causing shortages at
French gas stations.
TotalEnergies said the exceptional bonus will be capped for high
salaries and will be paid to employees at the companies that
TotalEnergies fully owns. The bonus would also be paid to employees
of companies more than 50%-owned by TotalEnergies if approved by
their respective governance bodies, the company said.
The company said in a meeting with union representatives on
Wednesday that it was willing to consider a budget for 2023 wage
increases based on 2022 inflation, but that because the General
Confederation of Labor union, or CGT, had decided to keep striking,
conditions were not right to engage in negotiations.
The strikes, which began late last month, also affect French
facilities owned by Exxon Mobil Corp. subsidiary Esso. The deadlock
prompted the French government to intervene Wednesday, ordering
fuel depot workers back to work at the Esso-ExxonMobil
Port-Jerome-Gravenchon facility in Normandy.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
October 13, 2022 04:32 ET (08:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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