Thread regarding Occidental Petroleum Corp. layoffs

OXY Embedded Contractor Question

I'm an embedded contractor with APC. I respect APC, and have done very well with them as an embedded contractor. With 30 years in the patch, APC hired me due to my experience level in all O&G sectors. My work hours are flexible, and the pay is top-rate. There are rumors that "OXY prefers company employees over contractors" (which flies in the face of the post-downturn O&G business model of cushioning company employees and liability), and "prefers to make all embedded contractors semi-company employees by paying them under a W2 model". Can anyone confirm or rebut these rumors? How does OXY treat embedded contractors with regard to pay/hourly rates? Thanks for your feedback,

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Post ID: @OP+ZiBLlOR

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OK, that's actually good in my case! Do they have any guidelines or common practices with regard to establishing hourly rates?

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Post ID: @1erd+ZiBLlOR

Gone are the days of collecting a day rate. You will be a W2 employee on hourly wages.

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Post ID: @1hrj+ZiBLlOR

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