The price of WTI has recovered 60% to $72.60 from just $45.52 a year ago. And such gains in oil prices could spark a resurgence in oil worker bonuses just in time for the holidays. In fact, one company, Devon Energy Corp, has already reinstituted worker bonuses. Devon oil workers—all 1,600 of them below the vice president level—will be getting a bonus in the amount of $10,000 as times have improved, CEO Rick Muncrief told Bloomberg in an interview. The bonuses were unexpected. Now, Devon Energy has had a performance better than most in the U.S. oil patch this year, as its shares increased 185% this year. The news of the sizeable bonus comes as the oil industry faces a talent gap as workers consider migrating to the renewables industry—or leaving the energy industry altogether. According to a recent survey by recruitment firm Brunel and Oilandgasjobsearch.com, 56% of all […]