Thread regarding ExxonMobil Corp. layoffs

Is it smart to wait?

I handed in my resignation with a two weeks notice to my manager yesterday and he asked me why I'm leaving. I didn't mind telling him that I received an offer with better pay, after which he asked me to put my resignation on hold while he attempts to put together a counteroffer. I don't dislike Exxon, so it's not as if I have to leave right now. Still, I don't want to wait and lose out on a good opportunity just for my boss to get back to me with an offer that's not worth staying for. Has anybody been in a similar situation?

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Post ID: @OP+1keh3Vtl

19 replies (most recent on top)

You mean to tell me that there are supervisors and managers that have "counter offer" in their lexicon?? Most are too incompetent and been with the company so long they don't even know how to try to get someone to stay except for free empty promises.

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Post ID: @4xvy+1keh3Vtl

Out of the many dozens of people I know who have left, several who were high performers, up-and-comers, even one that attended one of the new UNC courses right before resigning, I only know of one single person that was counteroffered. They were in a very niche job family in upstream. They did not hesitate to decline the counter.

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Post ID: @2mxn+1keh3Vtl

Your manager is serving his/her own interests, not yours, by attempting to keep you around. He/she doesn't want to lose your knowledge and experience because it means bringing in someone less knowledgeable which could cause the manager some future headaches. Throwing a few more dollars your way is the least painful option for the manager. And now you are forever toast because you've expressed disloyalty.

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Post ID: @1wyp+1keh3Vtl

Don’t wait, move on. Once you resign it is too late to reconsider. EM will forever doubt your loyalty and you will be first on the PIP list next round.

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Post ID: @1dxc+1keh3Vtl

Yes, every time I’ve ever resigned my managers have tried to counteroffer. I never took a single one. The reason being that your intentions have been made clear. Although they’re giving you the impression that you’re needed now, make no mistake that the next time layoffs come around your name will be brought up. Take the other role, learn new things and keep progressing in your career.

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Post ID: @1ezc+1keh3Vtl

Can people stop perpetuating this fear of CL bumps based on ‘new and more competitive ranking groups?’ This seriously sounds like some psychological b.s. to freak-out teammates.

Got a CL bump? Good for you. You are a good employee. You will raise to the challenge of being a good employee at the new CL level. Yes, maybe it takes a year or two to get your ranking where you want it. So what? If you don’t push and try, you won’t succeed.

That guy trying not to get a CL raise above 27 because he wants to dominate his rank group? He will soon be discovered as limiting his own potential or retired in place…..which will probably drag down his rank as well. The ultimate result is worse.

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Post ID: @1bqs+1keh3Vtl

If the new salary comes with CL bump and puts you into new rank grouping, be very careful as best case you would be put in next year ranking as middle or lower as each peer group increase becomes incredibly more competitive. I had a fried whim said for years they would prefer to stay at 27 high ranked than get promoted to enter into the Uber competitive cl 28–29 rank group. The spread in salary bands bears this out very well a high ranked 27 will make much more than low ranked 28 with same approximate YEE. Also your supervisor’s manager will remember you for a long time and brands you as an aggressive troublemaker, so regardless if increase is tied to CL bump or just same CL with increase to higher end of reference curves even if your supervisor leaves your manager will only remember you as a non team player. I have never seen this work out to the long term benefit of the employee. So my advice is to leave with no regrets and not expose yourself to the future uncertainties and risks of how the subjective and inherently biased ranking process will value you in. The future.

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Post ID: @1tkx+1keh3Vtl

Well done. I've heard counters mostly just bump to a near CL level. Similar to a retroactive rank adjustment. Try asking for a proportional bump in your potential to stay om curve.

I personally just take what they give me every year and don't care money too much.

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Post ID: @1zju+1keh3Vtl

Let me be clear...do what you think is right for you or your family. Don't let others decide. Don't let what you think is right for the company sway you. Because at the end each day... we look at ourselves in the mirror.

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Post ID: @1gno+1keh3Vtl

I have never heard of Exxon countering an offer, but there is something else to consider. Salary curves. Their counter may put you above the salary curve, and might lock you out of future raises for a significant number of years depending on market and ranking.

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Post ID: @1xrm+1keh3Vtl

so let me be sure that i understand
you've found a new opportunity that you want with more $$$
but now you're considering staying with a company who hasn't valued you or paid you what you're worth but now might throw you some bones ???
seriously??? lolololololol

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Post ID: @1tch+1keh3Vtl

I got a significant pay raise once when I threaten to leave because of a horrible manager. However, once they squeeze what they want out of me, I was put at the bottom of the ranking at the next ranking cycle.

Go for the long term opportunity and where there is clearly a good work culture. Unless EM clean house, you are only working for a paycheck.

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Post ID: @1sjb+1keh3Vtl

Congratulations on your the new job! $ isn’t everything, so think where the pros and cons sit for each job. Plus how long do you have work?, pension availability?, stability of company? Company’s direction?, etc. It is a leap of faith!

ExxonMobil may come back with something but what will happen with
short term salary adjustments, next five years? Promotions, etc.. Trust me, you are just a number in the pay scale logarithm. They will balance it out.

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Post ID: @ujo+1keh3Vtl

@bud+1keh3Vtl

Disagree with regard to this being held against the employee in the future. This company doesn’t have that type of organizational memory. The direct supervisor will be the only one that remembers, and he/she clearly wants to keep the employee.

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Post ID: @egz+1keh3Vtl

Put yourself first than others. If the situation was opposite. They won't hesitate to drop you

2 weeks is enough time for a counter offer. It is mostly give me more weeks to find and train your replacement

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Post ID: @apt+1keh3Vtl

Taking a counter offer rarely works out. You are probably leaving for more than just money? and will regret taking a counter offer. The company will never treat you the same again and only want to keep you on board for a little longer until they can get the workforce stabilized with all the people leaving and find a backfill. You’d be better off taking your current offer and then come back to ExxonMobil later if you wish from a better position of strength.

But if all you ever want in a career is money by all means chase that idol.

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Post ID: @bud+1keh3Vtl

Take the counteroffer and you will definitely need a waaaaambulance to take you away when you are one of the first to get PIPd as soon as the economy turns south.

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Post ID: @yii+1keh3Vtl

While the idea that ExxonMobil is considering counteroffers is super cool and different from the past, it raises some questions…. Like why did they need to wait for you to leave to compensate you fairly vs industry?

Anyway, see what answers you get. Maybe it is a CL increase and they are only pulling it forward slightly….in which case it seems reasonable. They are just showing you treatment you would have gotten in 3-6 months anyway.

However, if you get the feeling that you really wouldn’t have received this counteroffer anytime soon absent threat to leave then you might want to ponder more. That feels like the company recognizes your talent but is trying to pay you as little as possible to keep you. That is less likely to change in the future.

If the counter is salary treatment absent a CL increase, you need to ask where you are on your salary curve. If you end up high on your salary curve, you will get less salary treatments in the future…..so it will eventually renormalize until your next CL bump.

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Post ID: @qkf+1keh3Vtl

Learned a long time ago that if you make the decision to leave you did it for a reason, and you need to follow through. They might try and keep you, but in a company the size of EM any change will not last. By you looking and finding a new job you have basically told them you are not happy with EM.

Congrats on the new job and good luck with it.

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Post ID: @opy+1keh3Vtl

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