Summary Box: How BP will award 4th-qtr. bonuses

AP News
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Posted: Oct 19, 2010 1:45 PM
Summary Box: How BP will award 4th-qtr. bonuses

British oil company BP said Tuesday that it will give out fourth-quarter bonuses solely on employees' performance on safety issues.

THE MOTIVE: BP is trying to improve its image after the public relations nightmare that was the Gulf of Mexico oil spill. CEO Bob Dudley also said in a statement that the company wants to reinforce that safety is its top priority.

WHO IT IMPACTS: The policy applies mainly to employees in operational roles, representing most of BP's 80,000 workers.