UPDATE 2-PG&E get approval to pay employees $350 mln to meet safety goals after wildfires

UPDATE 2-PG&E get approval to pay employees $350 mln to meet safety goals after wildfiresPG&E Corp can pay employees up to $350 million in bonuses this year to spur them to help meet the bankrupt California power provider's safety goals to prevent wildfires, a judge said on Tuesday. PG&E's management has said the company needs to implement the bonus plan to carry out tasks such as clearing trees and branches around power lines to avert contact that triggers wildfires. While the maximum cost of the plan is $350 million, PG&E has said it expects the likely cost will be around $235 million.




from Yahoo News - Latest News & Headlines https://yhoo.it/2IRNh0s

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