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Allergic2BunnyEars wrote:Daran just say you couldn't afford to pay them nah. Lol @ stopped hiring. Joke hadda be on you cuz most of the engineers from North anyway.
Hire the engineers from Spain then.
Daran wrote:The problem with a socialist style heavily unionized companies is that they make things harder for the private sector.
Case in point, I have stopped hiring engineers from south (not that most of them were any good really), because all they want is a cushy engineering job in the Energy sector (and there are a lot!) making 25k/mo.
The salary inflation and laziness caused by unionized industries is what makes our workforce so unproductive. I've recently been to Spain where their economy is in far worse shape that Trinidad (no oil), and there are top experienced engineers who will work hard and deliver results for salaries like 2000 euros a month. Aint know way you getting value for money like that in Trinidad.
Daran wrote:Allergic2BunnyEars wrote:Daran just say you couldn't afford to pay them nah. Lol @ stopped hiring. Joke hadda be on you cuz most of the engineers from North anyway.
Hire the engineers from Spain then.
Well truth is I pay them $14k out of UWI. But yea I also outsource too. And engineers from all over Trini man. South just over reprensenting in Mech Eng.
Allergic2BunnyEars wrote:Redman wrote:Redress you realise that there is a lack of solution s from the pro strike other than...
We deserve it...and Redman is an idiot...while both may be correct...neither is relevant to a way forward...
I say give the union a farmed out block...and let them show how productive they can be.
Base the back pay on royalty concessions for oil produced.
Revenue neutral and productivity based.
Not sure if you read thru all the articles but the union has repeatedly said it is willing to try new arrangements in terms of shared management etc. Some of these articles are posted here I believe....thoughts?
eyeballz wrote:I realize that a lot of usually sensible posters in this thread are misinformed.
Redman wrote:If the lowest rung of the ladder is getting a base of 10k....in absolute terms...how bad can the rest of the workers be paid....???
As a group they are amongst the highest paid in the country..and this action will bring the house of cards that is Petrotrin and the economy down...
They cannot shut the plants down ...given the condition of the plants
Redman wrote:Allergic2BunnyEars wrote:Redman wrote:Redress you realise that there is a lack of solution s from the pro strike other than...
We deserve it...and Redman is an idiot...while both may be correct...neither is relevant to a way forward...
I say give the union a farmed out block...and let them show how productive they can be.
Base the back pay on royalty concessions for oil produced.
Revenue neutral and productivity based.
Not sure if you read thru all the articles but the union has repeatedly said it is willing to try new arrangements in terms of shared management etc. Some of these articles are posted here I believe....thoughts?
So cede management to the Roget who couldnt deliver when oil was 100 but wants to strike with oil at 50???
when last has he delivered in a timely fashion???
Seriously though I think sharing management between the union and a politically appointed board is likely to just move this conflict to the board room..
Trintoc was dysfunctional as is Petrotrin -because the co is forced to carry a social/political mandate....as it stands NOW the board is doing whats right for Petrotrin only if its politic....
The board MUST be free of Union and Party political pressure in order to run properly
GORTT is an entity
Union is another entity
and Petrotrin is an entity....
Having the board of P comprised of members with allegiances to U and G means the board isnt loyal to P.
We need to have Petrotrin managed by an non political board that is focused on what Petrotrin needs as an entity.
Not a board that is USING Petrotrin to achieve political or union focused gains.
We will end up right here.
I say....Tender for a management contract that cedes operational control to an independent managment/holding co-for a % of the profits.
Let the GORTT have a majority shareholding.
with the union a % but also allow the union to run their own productive assets (blocks) as a separate biz.
This will keep ownership with GORTT but enable Petrotrin to be run as like a private entity-not a quasi political arm.
The union will be able to make a ton-2000 BOPD at $50 WTI will generate 36M USD per year
-local producers make about 25% of WTI EBITDA so thats 9M USD a year.
With concessions on the Royalties that could jump to 12-15M USD per year
what type of benefits plan can the union create,manage,EARN for its members with that kind of cash flow???
All the above requires $0.000 in outlay from Petrotrin.
So this will leave
BOD petrotrin on the hook to shareholders for the Performance of the co.NOT Corp Sole and the political control.
The shareholders collecting dividends and also aligned with Petrotrin in order to increase their shareholding value and dividends.
The union with shareholding AND a producing asset to allow them to earn as owners and operators.
Population wins cuz now we have Petrotrin running properly , and we not held as bargaining chips.
profits mean taxes.
Redman wrote:There are links in this thread that indicate that:
1) Forbes places TnT oil and Gas workers as amongst the highest paid in the world...2000 USd per year lower than the highest.
2) FORMER Petrotrin President Hassanali indicated that Petrotrin workers are amongst the highest paid in TnT.
3) IOCL members are getting 80% less than Petrotrin workers, and they are striking-Guardian ran that story.
You dont need to be spoon fed to form your opinion...or do you??
Allergic2BunnyEars wrote:Daran wrote:Allergic2BunnyEars wrote:Daran just say you couldn't afford to pay them nah. Lol @ stopped hiring. Joke hadda be on you cuz most of the engineers from North anyway.
Hire the engineers from Spain then.
Well truth is I pay them $14k out of UWI. But yea I also outsource too. And engineers from all over Trini man. South just over reprensenting in Mech Eng.
You paying more than Petrotrin would for one straight out of uwi but blaming Petrotrin?
Joshie23 wrote:Redman wrote:There are links in this thread that indicate that:
1) Forbes places TnT oil and Gas workers as amongst the highest paid in the world...2000 USd per year lower than the highest.
2) FORMER Petrotrin President Hassanali indicated that Petrotrin workers are amongst the highest paid in TnT.
3) IOCL members are getting 80% less than Petrotrin workers, and they are striking-Guardian ran that story.
You dont need to be spoon fed to form your opinion...or do you??
Redman, Redman..slow down. I asked for YOUR charts and documents. You said T&T oil workers..Petrotrin is the only oil company in Trinidad apparently. Check your friends in Guardian or Forbes or better yet call your boy Khalid, since they so reliably gave you the information. Oh by the way, is this the same Hassanali that along with his two executive partners allegedly executed a significant salary increase, thus triggering their own multimillion retroactive payments, adding insult to injury, in a time where they were saying 0-0-0 because Petrotrin was/is under significant financial strain??
I saw your post earlier about how to fix Petrotrin and it makes sense to some extent so I'm wondering if there is more than one person in charge of this account. By the way, I wouldn't even buy the Guardian to clean glass in my house, and I definitely didn't need to be spoon-fed to form that opinion.
Joshie23 wrote:This will come to a Redman vs. Me thread. As it pertains to the suggestions, I said I agree for the most part with your suggestion on how to repair Petrotrin, a few things could be tweaked but I agreed. Next, in terms of Mr. Hassanalis statement, one word-propaganda. At his level, swaying public perception of the Company is key, especially if yours is a political appointment, by people who had/have a vested interest in privatising Petrotrin. If you make a statement that Petrotrin workers are some of the highest paid workers yet still they're asking for more, obviously it looks greedy, thus tainting (even further) the public's perception of the employees. Thirdly, contrary to your statement, I never disagreed with the fact that Petrotrin employees make decent coin. The reason I asked for your charts is because you speak with authority as it pertains to Petrotrin employee's salaries which I ultimately equated with concrete knowledge that could be further corroborated by physical evidence.
Redress10 wrote:Try and not get to caught up with CNC3. I am pretty sure that their owners would like to get their grubby hands on Petrotrin for personal gain. Expect to see much more bias in the future with them trying to influence the population that Petrotrin should be sold to the highest bidder etc.
nervewrecker wrote:They dont give the height bonus anymore and heat bonus is like for welders.
Overtime had stop for some time afaik.
Salaries look like before tax and the pension plan is a deduction, not an allowance.
Allergic2BunnyEars wrote:bushwakka wrote:I don't know for sure about some of the actual salary figures but anyone else working Petrotrin here would have to treat that CNC3 report as a lil suspicious.....
You aren't paid by Job Title in Petrotrin ...you are paid by BU (OWTU Bargaining Unit) Grade level.
For eg. a permanent entry level engineer (mechanical, process, petroleum etc.) all start at BU 5
I have no idea what BU grade a cleaner falls under
Managers are paid under a different system not covered by the OWTU bargaining unit...its called Private Payroll (PP). They can be fired or hired on a whim and not covered under any OWTU 'benefits'
The CNC3 report is just to stir up negative emotions. Anyone working at Petrotrin knows this. It's standard procedure to publish salaries to make things look bad. The focus then will always be "look how much a laborer getting" or "waaays so much a cleaner getting". It's just base emotions being toyed with right thru. Easily I might add. Trying to have a discussion is basically pointless because minds have already been made up thru propaganda.
vaiostation wrote:Joshie23 wrote:This will come to a Redman vs. Me thread. As it pertains to the suggestions, I said I agree for the most part with your suggestion on how to repair Petrotrin, a few things could be tweaked but I agreed. Next, in terms of Mr. Hassanalis statement, one word-propaganda. At his level, swaying public perception of the Company is key, especially if yours is a political appointment, by people who had/have a vested interest in privatising Petrotrin. If you make a statement that Petrotrin workers are some of the highest paid workers yet still they're asking for more, obviously it looks greedy, thus tainting (even further) the public's perception of the employees. Thirdly, contrary to your statement, I never disagreed with the fact that Petrotrin employees make decent coin. The reason I asked for your charts is because you speak with authority as it pertains to Petrotrin employee's salaries which I ultimately equated with concrete knowledge that could be further corroborated by physical evidence.
I agree. I think people were too quick to jump on the idea of privatisation of petrotrin, especially the former unc energy minister who wants to give control of the company to certain "local entities". Also the fact that cnc3 actually showed the wages of workers for no logical reason other than to turn the public against the union. Cnc3 could have explained the issues that the workers have with the company and that politicians are the ones who keep interfering with the company's operations, but they didn't, because they know the people of Trinidad and Tobago are extremely gullible and easy to manipulate(just by looking at thread, you can see how people are misinformed). But I expect nothing less. I mean the Syrians don't own all these organisations and people for no reason, and they don't give the UNC and PNM money for charity.
Just don't be surprised if one day the government wants to privatise Wasa and t&tec...
Also just on a side note petrotrin isn't the highest paid in Trinidad and Tobago, BP actually have higher wages than petrotrin...
Rynessa @rynessacutting 3h3 hours ago
Roget: Strike on for Monday, unless we sign on the dotted line.
Union to meet with Labour Minister on Sunday.
@tv6tnt
Rynessa @rynessacutting 46m46 minutes ago
Roget: Offer 10% for 2011-2014 and we will call off strike action. We will accept payment over a "reasonable period of time."
@tv6tnt
Country_Bookie wrote:So is 10% increase or strike:Rynessa @rynessacutting 3h3 hours ago
Roget: Strike on for Monday, unless we sign on the dotted line.
Union to meet with Labour Minister on Sunday.
@tv6tntRynessa @rynessacutting 46m46 minutes ago
Roget: Offer 10% for 2011-2014 and we will call off strike action. We will accept payment over a "reasonable period of time."
@tv6tnt
What exactly is a "reasonable" period of time to Roget tho?
Interesting that neither Rowley or Imbert getting involved here, they leaving Baptiste- Primus to take all the licks when the strike hits.