It will never be clear to me how those who do almost nothing are graded better than those who give their best, but their performance is assessed as average.
Competitive pay is perhaps the biggest factor that attracts and retains the best employees. The departure of some of the best employees suggests that OXY now no longer pays compensation comparable to, or higher, than the industry standard for... — read more
Now that inflation is hanging around, are we going to get those inflation adjustments Vicki hinted at in the townhall?
https://archive.ph/V5lKA How a CEO Rescued a Big Bet on Big Oil; ‘There Were a Lot of Doubters’ Occidental Petroleum’s Vicki Hollub fended off a shareholder revolt led by Carl Icahn. Lifted by rising crude prices, she now has the confidence of Warren... — read more
Monday 11% Tuesday 24% Wednesday 40% Thursday 23% Friday 2% Go Oxy!
https://www.forbes.com/sites/terinaallen/2019/09/21/how-bad-bosses-compel-good-employees-to-leave/?sh=513b0e105837 Do you know any supervisor at Oxy that drives people away?
Since they announced the ERGs, I feel excluded and don't have a sense of belonging. Anyone interested in forming a "none of the above" ERG?
Who will most likely be our new CEO if Vicki retires in 2023?
Someone started the whole retirement discussion this week. Younger generation here, find the topic interesting even though I’m not retiring soon. I want to hear what others have in mind about the amount they need before retiring. Will help my wife... — read more
Has anyone else heard the rumors of VH retiring in 2023 after a transition period? A little surprised at the timing based on good relationship with Buffett. But based on the average age CEOs retire, it would fit that timeline. Will be sad to see her... — read more
What would you do to better prepare yourself before announcing your retirement? I have some time left but want to be ready for that day
I really don't have the feeling that OXY is backfilling a lot of jobs, as someone says here. Moreover, I am quite frustrated waiting for the colleague who left to finally be replaced. At this point I doubt that it will ever happen at all. What is... — read more
Talk about a turnaround from 2020. VH must be living the right life.
You should be more worried about attrition and who's going to be doing the work of those who are leaving while the company refuses to backfill the majority of those positions. Currently, the increase in workload with no increase in pay is a much... — read more
Given that the general situation in the company depends on oil prices, I'm interested in what your predictions are?
Why doesn’t oxy ever do anything like this? Devon did it at Christmas too. Seems like we are making the company a lot of money, but where is the thank you to employees.
Why is Oxy stock down today with such great earnings numbers. Is this already built into the current price and the lack of investment grade bond rating and pi-s poor dividend is just dragging it down once again. Still the company seems to be doing... — read more
Are we looking at any layoffs this month?
Oxy registered a new S-3ASR today also known as a shelf registration. This means they are intending to sell some form of security at an unmentioned future date. Also unknown is the type of security. Could be stock, debt, warrants, and so forth. May... — read more
Who is the current VP of Major Projects? What happened to the last guy?
What does this mean for jobs.
When the recession really hits you will see energy companies cutting back on hiring and then on employees. The company will cut back on the white collar workers in the headquarters offices first before laying off the actual workers keeping the oil... — read more
Any news on inflation raises?
Kinda funny that we are talking about Covid and not this
Covid cases in the office are way up. Will we see a change soon to current policies?
EM employee here....How does ranking / performance assessment work at Oxy? Is it a forced distribution / relative ranking system similar to EM?
Hopefully if WB comes and buys the company, he will realize we do not need all these unnecessary layers of overpaid management. It adds so much unnecessary red tape when trying to get anything done.
The below is from a Bloomberg artice. I would think if it happens we will see slower drilling in the Permian, and tie that in with the recent offshore lease sale cancellation and things are going to get interesting in our industy. The Biden... — read more
Now a good time to leave oxy with other companies hiring?
I am so frustrated by your average id--t in this country calling Carbon Dioxide air pollution. It is not air pollution like the particulates, NOx, and Sox, etc. There needs to be some education done on greenhouse gasses versus nasty air that causes... — read more
Does this pi-s anyone else off when you see employees working for an oil and gas company driving Tesla’s in the parking garage? I think management should look at these employees as top of the list for the next layoff since clearly they don’t support... — read more
There are many who think that those who show up at the office every day will have greater job security if, that is, when cuts occur. Really? What are the arguments?
Will BH buy Oxy? What would change for us?
Anyone know if HR is working on a supplement to women's reproductive medical care benefits and associated travel costs due to the Supreme Court decision today? I don’t see how any company can ignore this. Companies don’t have to take sides but have... — read more
The problem with double workload is mostly in prioritizing work and all you need to do is set priorities better - sounds like a very good and simple advice. However, I don't know how it is with you, but with my manager everything is urgent? In... — read more
Management has been taking advantage of us by doubling our workload when their own workload hasn’t changed at all. Months ago, I started trimming back the hours I actually work, even on days that I am “in” the office. Having LOOOONG coffee break... — read more
Just want to send a note for anyone who is not already aware, do not use Reply All in Outlook.