WTF is management waiting for? Show me the fu----g money!
5 replies (most recent on top)
DW and KM will reward themselves for the price of oil related profits.
Many millions of dollars given in Executive bonuses unrelated to work quality or stupid decisions.
Only Derwood and his cronies got it made with this company.
Looks to me they will acquire a company for right off . Then turn a blind eye to folks CL25 or lower . Unless you have politics on your side .
The RSUs are sh-t. They're not worth sticking it out for. It's the equivalent of tossing peanuts to the peasants. Raw peanuts nonetheless.
When employees take home the same amount of money whether the company makes a profit of $10B a year or $60B a year, you have a massive problem. $17.9B 2Q 22 profit and XOM employees got a 3% one time inflation adjustment. Ridiculous. Almost all other companies are giving out bonuses (annually). I can tell you the pension ain’t going to be that awesome if you spend 35 years creeping up 1-3% salary raises when times are good, because we all know there’s been some 0% increase years during the so-so and low times.
Besides a pithy RSU program, your base salary is the ONLY compensation you have. All the while the rest of the industry is paying same salary plus bonuses, profit sharing, stock gifts etc. Once you get out you will be amazed and feel a little foolish for not leaving sooner.