Taking stock

Much has been made lately of how to attract and retain talent in the oil and gas industry (OGJ, Sept. 24, 2001, p. 22).While there is much ado about employment incentives such as opportunities for career growth, challenging and enriching work assignments, and flexibility on work-life balance, let's face it: A prime motivator is compensation.Let's face another fact: Those toiling in the oil and gas industry are generally well-paid, especially in comparison with other businesses. So it behooves industry to go beyond salary in order to retain talent with golden handcuffs, and that usually means compensation in the form of stock or stock options.Stock market plungeBut the massive plun...

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