Wood Group PSN 10% rate cut. Wood Group PSN 10% rate cut.
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  1. #1

    Thumbs down Wood Group PSN 10% rate cut.

    Wood Group PSN rate cut. Apparently AMEC are now also "reviewing" their rates. Hopefully this round of rate cuts won't spread to the London area O&G market.

  2. #2

    Faqqed Off

    TheFaQQer's Avatar
    Join Date
    Oct 2006


    Quote Originally Posted by BBC
    Some contractors will be offered the opportunity to become staff.
    Are they the lucky ones or the unlucky ones?
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  3. #3


    Quote Originally Posted by TheFaQQer View Post
    Are they the lucky ones or the unlucky ones?
    Presumably it's a "take a staff job or leave" scenario?

  4. #4

    bored now

    eek's Avatar
    Join Date
    Jun 2010


    The worst office I've ever had the misfortune to visit was a wood group one.

    Hell would need to freeze over before I worked there for more than the very occasional day.
    merely at clientco for the entertainment

  5. #5

    Nervous Newbie

    Cosmokramer's Avatar
    Join Date
    Apr 2013


    Apparently this is an industry wide intiative (probably conjured up at a recent Oil & Gas UK meet given Dr Alix Thom's appearance in a related news article) and it is expected that more firms will follow suit.

    It is a very myopic approach as at the end of the day the rates are set by the market. The contractors worth their salt will leave and the dead weight will remain. The result being that the clients (operators) will get a lower quality service.

    I think any offer of staff roles will have a very low up take.

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