Exploration and production co. Pedevco restores cut salaries
“The reduction in salary was reversed as (Pedevco) determined that oil markets have recovered to acceptable levels,” the exploration and production company said.
Read MoreBuilding "Bridges" Across the Bayou City!
“The reduction in salary was reversed as (Pedevco) determined that oil markets have recovered to acceptable levels,” the exploration and production company said.
Read MoreThe company capped executive salaries at $250,000 early in 2020, raised that to $500,000 in August and has now once again increased it closer to prepandemic levels.
Read MoreThe company also moved its headquarters to Houston, closed an office in Canada and made other cuts in 2020.
Read MoreThe pay cut rollbacks represent less than half of the original total compensation reduction.
Read MoreHouston Grand Opera restores furloughed staff with $2.5 million loan http://houston.culturemap.com/news/arts/05-05-20-houston-grand-opera-small-business-loan-ppp-2-million-staff-furloughs-opera-ball/?utm_source=twitter&utm_medium=dlvr.it &hel…
Read More