Daily Mail: Selfishness won’t pay off, says Shell
“Shell refused to comment on whether it is reviewing the role of its auditors, KPMG and PricewaterhouseCoopers. The accountants may be targeted by the US law firm leading the class action suits against the embattled oil major.”
By Ruth Sunderland
30 August 04
EMBATTLED oil giant Shell is introducing a new bonus scheme next year to stamp out a selfish ‘me-first’ culture and encourage workers to devote themselves to the greater good of the company.
The group has come under fire for its lavish payouts to former bosses ousted in the wake of the reserves scandal that dragged it into unprecedented disgrace.
Sir Philip Watts received a £lm payoff and Dutchman Walter van de Vijver got £2.5m.
Boss Jeroen van der Veer said he hoped the new incentive plan would encourage staff to prioritise ‘enterprise first’ rather than ‘self first’.
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