Royal Dutch Shell Plc  .com Rotating Header Image

Shell fat cat Peter Voser highest earner in NL

FROM A DUTCH SHELL INSIDER

Hello John

The newspapers and some TV programmes are harping again on the bankers that have reduced bonuses but scandalously increased the ‘basic salary’ and all are back to levels of before the crisis.

So has Shell, it is mentioned several times. Voser is the highest earner in NL with 12 million Euros. What will he do with it apart from making his kids or grandchildren spoiled brats. It is the equivalent of 185000 bbls oil. These are significant numbers. And that against a background of v.d.Veer stating he would not have done one thing different or worked less hard if his salary and/or bonus would have been halved or much lower.

So, salaries are a wrong tool to get the correct behaviour at the top. And we minions are taught to tender and take the best quality for the lowest bid. If we assume that every multinational has talent in the level below the top, it stands to reason these all want the top job, even if they would have to do it for half the money. Status is genuinely important. But somehow it does not happen. Presumably too many snouts in the trough, all scratching each other’s back!

I am sure there must be similar articles in the English press. It proves the current multinationals are taken over by people who have the wrong make-up: they are driven by status and the only metric for this status (in their eyes) is money. This is dangerous. I am sure you can rattle that cage on this topic more!

Comments are closed.

%d bloggers like this: