https://www.dallasnews.com/business/local-companies/2022/12/07/exxon-mobil-hands-out-pay-raises-of-9-or-more-after-reporting-record-profits/ Source: The Dallas Morning News By Bloomberg Wire 3:08 PM on Dec 7, 2022 In aggregate, it’s the... — read more
Has Eve twins forgotten about neighbors with the raise communications?
Are you all falling for the the trap? Decent raises to stop the anger around hot desking, lack of career progression, reducing of HC10 headcount, etc? Is salary really all you care about?
Negative sides of higher compensation
I got a 13.5% increase but I am not sure if I am really happy. My thinking is that the more my compensation accelerates, the more I accelerate to the PIP-off finish line. I would prefer a conservative 4% increase if that means more job security. I... — read more
How does the power grid get its juice?
The composition of the electricity system in the United States in 2021 was as follows: 40 percent natural gas, 20 percent coal, 20 percent renewables, 20 percent nuclear, and 1 percent other (like petroleum). This indicates that if all automobiles in... — read more
TG interview with P&GA
When I heard her saying that, I quote, “we hire you for a long-term career”, I almost choked. That was maybe true 15 or 20 years ago, but now... If you're working in one of the HC10 countries you'll be living with the permanent risk of seeing your... — read more
Salary Parity ?
With all the recent salary adjustments, does this mean that Downstream employees will some day reach parity with Upstream employees. It’s no secret that Upstream has been much better compensated that equivalent roles than other parts of the... — read more
Is The Pay Increase Worth Staying
It seems like the company is providing a general broad increase to salaries. But is it worth it? The company’s philosophy has always been to throw money around to solve problems including personnel. In some ways it seems to work. How many people... — read more
Salary by CL and Rank
Curious what the old and new salary bands look like. Please post your CL, Rank, Old salary, New salary. I haven't received mine yet, but here is my info: CL 27, VG, Old salary $230k.
Maybe it's too late now
Many good employees left, and I lost great colleagues who went to companies where they would be paid more. Perhaps EM wouldn't have lost them if they got a decent raise in time. Why does this company almost always react late?
I am finally adequately compensated, but...
What worries me is whether, after the salary increase that finally adequately compensated my efforts and work, the managers will raise the bar of expectations. It wouldn't surprise me at all if after the raise I get even more work and start to feel... — read more
Quality of recent hires
What’s your impression of the of quality of recent experienced hires? EM used to be a powerhouse of the top talent, but I found that many who were brought in within the last 5 years are scrapping the bottom of the barrel. The ones I encountered... — read more
Are you satisfied or disappointed?
Now that you know your salary increase, what's your verdict? Satisfied or disappointed? Those who were waiting for the % salary increase to decide, are you resigning in 2023?
10% raises for EM execs
https://www.bloomberg.com/news/articles/2022-12-05/exxon-executives-get-10-salary-boost-as-stock-nears-record-jump?leadSource=uverify%20wall Or if that doesn’t work…. https://finance.yahoo.com/news/exxon-mobil-raises-ceo-pay-131303094.html — read more
BTC and Expat Boondoggle EMHC travel at Christmas
Anyone else noticing all of the BTC and Exoat boondoggle travel happening in December? Expats think they are clever to schedule trips at holidays and have the company pay their way back to the USA for their vacation. If you see an expat ask them if... — read more
Reasons for Permian Premium not returning to 20%
Has anyone heard of any reason that is even remotely defensible for why the Permian Premium hasn't returned to 20%? Why was 20% justifiable two years ago but only 10% is justifiable now? What has changed?
Location Help
Been offered an assignment to Guyana. Spoke to some trusted colleagues that have worked there or know people that work there but they haven’t filled me with confidence about moving my family there or even working there. What do you know about the... — read more
Right To Represent Agreement (RTR)
Has anyone else been asked by a recruiter or headhunter to sign one of these? I had one pushed at me by a recruiter which said (in so many words) that after consenting I wouldn’t be allowed to apply for any other job except through their agency... — read more
Exxon adds Boeing Chairman Kellner and former Raytheon International CEO Harris to expanded board
https://seekingalpha.com/news/3913725-exxon-adds-kellner-harris-to-expanded-board By: Carl Surran, SA News Editor Exxon Mobil (NYSE:XOM) said Friday that Boeing chairman and former Continental Airlines CEO Larry Kellner and former Raytheon... — read more
Singapore Salary Increment
As Salary communications started rolling out so please share those who got communicated so far CL Ranking Increase % Any CL jump Good Luck
Belgium Salary Treatment
Salary communications started rolling out today: CL Ranking Increase % RSU
US salary increases are being communicated
Your manager is able to see your increase in their beqom system right now. Good luck everyone
Anything on the UK Salary program
Isn’t the UK a salary program update completed now? Any news? Have we actually included our competitors in the Benchmarking this time? Or just who we want to fill in the bottom
Pension - EM vs Chevron
Just curious - how does the EM pension plan compare with Chevron’s? Comparable? One more generous than the other? Appreciate any comments from those knowledgeable.
Get ready!
This is setting up for a massive slingshot in oil. Everyone got short last week. They pressed it Monday. Meanwhile, we have structural deficits that are about to grow a few mil bbl/d if China opens. SPR is almost done draining. What if commercial... — read more
ESG will ruin ExxonMobil
Meritocracy and ESG don’t go together. You can’t set diversity targets and claim to be a meritocracy.
Does anyone still manage to have a work-life balance?
I am slowly turning into someone I never wanted to become, a person who has almost no time for family. I hope that I will soon get a job that suits me better.
Fawley Ice Cream Truck
No further comments needed
BH email about the article that was passed around
BH just sent EMIT apologizing for an article that was passed around by somebody who was fired for it. Anybody have a link to the article? It’s a shame he didn’t pass it along.
Digital Transformation for EM Management
It’s time to transform our business by replacing Managers with OpenAI’s GPT-3. Here is a sample of how GPT-3 answers questions posted to this forum (which seem like a big improvement vs “I don’t know, go create a 27-slide PowerPoint deck that I can... — read more
Should I accept this offer?
New MechEng graduate with offer in the engineering and tech group. 110k starting salary with no bonuses or anything. Not sure about CL level though. What should my starting CL be? can such be negotiated? should I counter the offer, does hr... — read more
Carryover Vacation
Do you get paid for any vacation you do not take when you resign? If yes is that true for carryover vacation also?
Too many eggs in one basket
EM has too much in Guyana. What if the geopolitical landscape changed overnight? Can we count on our government?
Report finds harassment at Chevron
Came across this. https://www.linkedin.com/feed/news/report-finds-harassment-at-chevron-5501132 Would EM go public on such issues or try to ush them up and sweep the dust under the rag?
Exxon, Japan's Mitsubishi Heavy tie-up in carbon capture technology
https://www.reuters.com/markets/carbon/exxon-japans-mitsubishi-heavy-tie-up-carbon-capture-technology-2022-11-29/ TOKYO, Nov 30 (Reuters) - Japan's Mitsubishi Heavy Industries (MHI) is allying with ExxonMobil Corp to use MHI's carbon dioxide (CO2)... — read more
How attrition's going?
Since vacations are now accrued monthly, it makes more sense to resign in December than in January. Are you seeing any uptick? Has the situation stabilized in your team? Mine looks like a zombie town, the few that are left are either apathic or... — read more
Exxon Mobil aiming to end oil production in Equatorial Guinea - report
By: Carl Surran, SA News Editor https://seekingalpha.com/news/3911716-exxon-mobil-aiming-to-end-oil-production-in-equatorial-guinea-report?utm_medium=referral Exxon Mobil (NYSE:XOM) will wind down oil production in Equatorial Guinea and leave the... — read more
Salary treatments?
Has anyone received their communication yet?
Cyber Monday Deal!
Buy one get one free campus gift cards Your choice: Get out of PIP Free card No, I will not transfer to that job card Good for one free styrofoam cup card Move out my toxic manager from our group card (only two trades per toxic boss and they... — read more
Oil Drops To Near 2022 Low On China Demand Concerns—What It Means For Prices At The Pump
Story by Derek Saul, Forbes Staff • 3h ago https://www.msn.com/en-us/money/markets/oil-drops-to-near-2022-low-on-china-demand-concerns-here-s-what-it-means-for-prices-at-the-pump Oil prices fell Monday to their lowest level in 11 months as further... — read more