HR is working up new pay curves for LCS. As LCS is dependent on government handouts of taxpayer money it won’t be nearly as profitable as base business. As such pay curves for LCS will be adjusted down much like downstream pay curves are lower than... — read more
next downturn
I try not to think negatively, but... if the employees are treated this badly when the company reports a quarterly profit of nearly $20bn, I can't even imagine how things will look when the next downturn happens.
What is the news on US raises
What have you heard about raises or additional special payments in the US?
PIP for managers
There should be a mechanism for feedback on past supervisors and managers. Many are simply not doing their jobs and are unqualified to have people responsibilities. My managers over the past 3 years are cr---y. They have taken no interest in my... — read more
BP Pulse
Carbon Capture is a great play for sure. It will generate tons of cash. But, how about also adding to the portfolio something similar to what BP is doing? Just don't want to be left behind.
KPI on Number of LI posts
Why the flood of people in costumes on LinkedIn? Seems disingenuous when we used to have pictures of what is acceptable work attire. And discouraged from posting anything on LI.
Happy Halloween
https://streamable.com/7ju8mk Just massive kudos for the person who created this Halloween squirrel feeder
People are constantly expecting more negative changes
That is the difference between this company now and then. I don't remember that my colleagues ever before expected negative changes to happen, as they expect now. Now no one is expecting any changes for the better, but they are talking about the... — read more
If you want to shake your head at the blatant hypocrisy...
... read this joke of a website! https://corporate.exxonmobil.com/sustainability/sustainability-report/social/investing-in-people Transparency my a$$. How do you write this drivel and sleep at night?
We're about to hit the other side of the cycle
Chevron And Exxon: Reason To Be Cautious https://seekingalpha.com/article/4551050-chevron-and-exxon-reason-to-be-cautious
Beaumont Fatality?
There was a fatality over the weekend in Beaumont and nobody said anything? Safety record is looking good this year.
Interesting quote from Elon Musk
From recent interview after the twitter acquisition "I strongly believe that all managers in a technical area must be technically excellent," Musk tweeted on May 6. "Managers in software must write great software or it’s like being a cavalry... — read more
Disgusted! Vile! Un-American!
If Exxonmobil has zero loyalty to American employees by off shoring to wherever. Maybe it is time for headquarters to get the he** out of the United States 🇺🇸 show loyalty or get out! Your American employees have stood by you for well over 100++... — read more
Set Boundaries
Be aware of boundaries predators. The following are lesson learned. Here are warning signs: Person have no credentials for the role they are assigned and you are asked to "support" (aka do their work in addition to their work). Person does not... — read more
West Texas Natural Gas Prices Go Negative
Too bad we can’t flare anymore. Paying someone to take our gas is crazy.
No one wants to attend coffee chats with management
Very interesting to see that people are no longer signing up for coffee chats with management. Likely a combination of so much work that rank and file do not have time to stop and drink coffee plus a recognition there is no point in talking with... — read more
No more exit interviews!
Have had a few friends leave recently and HR/managers haven’t been doing exit interviews. Why am I not surprised. The feedback is all the same and it is falling on deaf ears?
Electric cars and Hurricanes
Reading about the lithium batteries catching fire in Florida during the recent hurricane and made me wonder how people would evacuate if a hurricane was coming and everyone had electric cars. Can you imagine how many charging stations would be... — read more
White Star-Valdez Line maiden voyage!
Come get your third class tickets because we're setting sail! The hottest hot desks will be as rare as life boats on this cruise! Do you believe in icebergs because there are none (wink, wink) LCS will save the day and unicorn farts are as good as... — read more
EM responds through back channels to Bloomberg article
A few days ago an “independent”, claiming to be a retired executive from Shell, posted on LI a long and detailed reply to the Bloomberg article. The post looks a bit too sophisticated and well-thought to be an outsider’s two cents on the issue, while... — read more
What's the point of Leadership meetings?
We had one on Wed - nobody asked a question. People used to ask. We'd always get a canned aswer, we'd always get a BS anwer, we'd get patronizing corporate speak, PR lines, or they would just not aswer questions. What's the point?
Massive Profits
Yet there is nothing for the worker who made all of this happen.
Outstanding and above - Anyone thinking about leaving
I have been in the OPD bucket for a good while now but I still see the writing on the wall that one day my time will come. Better to leave whilst I am ahead. Anybody else with this PA got the same thinking?
Overheard in Spring
Out shopping and overheard a teenager telling her friends her dad used to work there and it was “hella toxic”. My physician son warning me years ago to be careful because most of his patients who work at EM are suffering from stress related... — read more
Rising OFS Costs and Inflationary Impacts
We are hedging inflationary pressures by reducing total compensation and benefits offered to our employees. Next question please.
Permian Acceleration Question
No opportune to accelerate until we fix the talent problems. Executives have squeezed employees to the breaking point.. our degrees of freedom are limited due to executives driving attrition with their choices. We DO NOT HAVE CAPACITY ON THE MARGIN. — read more
Careful there Kathy
“Obviously I’d say” Why are we paying you so much if you are just going to answer the question with what is obvious? How about some insight for those millions we are paying you?
Permian Growth Question
Maybe if you treated your Permian employees better they wouldn’t all be resigning. You may be at headcount but the revolving door is impacting results.
Bonus for Executive Good. Bonus for employees bad.
Why are bonuses good for executives but not good for employees?
Policy Risk and Inflation Reduction Act
How is it these genius analysts don’t ask a question about policy risk for LCS. There was a huge pivot in strategy based entirely on the IRA. If law changes again the. We’ve made the wrong choice. Investments are being made based on government... — read more
M&A question
DW - our biggest divestment program is in the employee space. We have policies in place to divest of all employees in HC 10 as quickly as possible to bring unique value. We are being very strategic.
The industry is underinvesting
And ExxonMobil is underinvesting in their employees. Can’t get reliability and high throughput without employees.
Sharing our success with shareholders
But no mention of sharing success with the rank and file employees. Fu-k you executives.
Next investor question
I’d love to hear one of the investors to ask something like, “with the employee dissatisfaction, above average attrition, and continued knowledge loss, how do you expect to keep the business running and meeting market demands?” The investors should... — read more
Record Earnings
But still down 4% from 401k loss. I truly dgaf how we perform anymore because they dgaf about us.
3q22 Earnings Higher Than Ever...
... Payrises will be enormous!
Upstreamers - Who inspires and motivates you?
So I just want to check who of the leadership team inspires and motivates you? I’ve seen a few of the leadership team - LMM certainly doesn’t, Global Prj President seems driven by chase to the bottom. None of your leaders seem credible and seem to be... — read more
Demographics in the future
We always talk about the simple hump demographics where we have lots of people 55+ and then very limited people from 40-50 and then a ramp up in the 30-40age range. The way, it’s going, we will just have the 50 year age range and nothing from 20-50... — read more
Clueless executives think they are geniuses
Executives think they are the reason we are making money due to their brilliance and reductions in employee headcount. It is the few of us who haven't quit and are working 80 hour weeks that are making it happen and we have about had it. As soon as... — read more
American opportunity Index
Helpful data analysis as you seek employment elsewhere. https://www.americanopportunityindex.org/