Gulf Disaster: Comparing Regulatory Climate
The Deepwater Horizon disaster in the Gulf of Mexico occurred off the coast of the United States, but a similar incident could happen anywhere there is offshore drilling.
The Deepwater Horizon disaster in the Gulf of Mexico occurred off the coast of the United States, but a similar incident could happen anywhere there is offshore drilling. When you hear former BP Chief Executive Tony Hayward say in a BBC interview his company’s response to the Deepwater Horizon rig accident in the Gulf of Mexico was insufficient.
"We were making it up day to day,” Hayward said of BP’s rescue plan.
Read more: Gulf Disaster: Comparing Regulatory Climate
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2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.