Commercial & Finance

R&R allowance meaning in oil and gas

Definition

Rest & Recuparation Allowance

R&R allowance means Rest & Recuparation Allowance. This is an allowance that was incorporated into the contracts of Residential assigned Project based personnel, usually contractors, when they take their two week unpaid…

This is an allowance that was incorporated into the contracts of Residential assigned Project based personnel, usually contractors, when they take their two week unpaid R&R leave. This leave is separate from any Annual Leave allowance (usually six weeks) that they receive.

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