The Guardian
Shell to give staff 8% bonus after record profits
Julia Kollewe: Wed 3 Aug 2022 16.50 BST
Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices
Shell is handing nearly all its 82,000 staff a bonus equivalent to 8% of their salary after the oil company reported record profits amid soaring energy prices.
The British multinational is making the one-off payment to the vast majority of its employees around the world, only excluding those on its executive committee, executive vice-presidents and contractors.
The oil firm said: “In recognition of the contribution our people have made to Shell’s strong operational performance against a recent challenging backdrop, our executive committee has decided to make a special recognition award of 8% of salary to all eligible staff across the world.