ExxonMobil Salary Range?

What are the salary ranges for CL 23-30? What could someone making $100k as a new hire expect to make 10,15,20 years from now?

Chevron PSG Pay Grade:
17 = $71,700, 8% CIP

18 = $82,000, 9% CIP

19 = $93,800, 10% CIP

20 = $106,500, 11% CIP

21 = $122,900, 12% CIP

22 = $141,400, 14% CIP

23 = $163,000, 16% CIP

24 = $187,900, 20% CIP

25 = $216,700, 25% CIP

26 = $246,500, 30% CIP, & stock options

27 = $283,600, 35% CIP, & stock

28 = $326,900, 40% CIP, & stock

29 = $377,700, 50% CIP, & stock

30 = $439,000, 60% CIP, & stock

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Experience hire to XOM BOP at CL26 for 197k. I heard its also depends on age too. It does seems like Chevron pays very well for same CL. I would jump ship for 30k increase, lol

Salary freeze for technical staff - executives taking big increases.

CL30 550k All I do is listen to power points presentations and figure out who to rank NSI.

Even in EU you have difference between Belgium, Germany, France or The Netherlands..Maybe you can get the answer from HR or your business line manager...which I will be surprised if you get any answer from them...

Does anyone have the ExxonMobil salary range for the EU by CL ?

CL 26 @ EMHC $197K

If the salary in the UK is lower, do our execs from the UK gets paid less or do they get an adjustment once they make it over to the states?

CL25 with 5 years at XOM - 147k

A Chevron PSG of 21 is probably where an advanced degree holder would start just like a CL 24 at exxon.

Typical starting salary for a fresh hire in EM is about $125K. As you grow in your career the salary range within each band is quite broad. For example a CL 26 at ExxonMobil can make anywhere between $160-220K. For the High potentials or top quartile performers the increases can be pretty substantial say 10-15% a year and promotions can be quick. For the others it is a slow rise. A lot also depends on your CL potential, if it is low then your career and salary starts plateauing pretty quickly. Ideally you want to reach your CL potential in your late 50s, if you reach too quickly, expect to be stuck at that CL for a very long time.

Overall exxon has a high base pay but doesn't pay any bonus. It does give RSUs to high performers after CL 26. The RSUs increase with CL and lower rank performers in higher CLs still get some RSUs (stocks). Chevron has a company and individual performance bonus which then gets you to an exxon salary.

I checked the salaries you mention above for Chevron and you do a +3 to each one and you get a PSG to exxon CL salary conversion.

Chevron does make you re-apply to your job - that is everyone even the high level folks every 3-4 years. That's their way of cutting workforce and give packages to oldies.

There is also a 20% difference in salaries in both companies if you are an upstream person vs. downstream. It was from the upstream boom where they had to pay more to retain them. Both companies are trying to narrow that gap.

This is all pre covid.. what happens next is anyones guess. We live in tough times where thousands of qualifed folks are looking for that same job. Good luck !!

CL27 $234K.

European/UK offices are significantly underpaid vs US , yet the organisations in EU/UK are leaner and value added isn’t necessarily any different to the US. 50-100% gap in salaries at any level vs US is just obscene. Graduates salary is $44k with yearly increases ranging from usual 2% to 15% where majority of top third of EM population gets salary increases of 5-10%. Taxes range from 20% to 55% depending on the country (and salary).

Seems this is proof it really matters how good you are at a—kissing

CL 26. 160k

CL27, $210k

Time to get over the taboo of sharing salaries

Agree that "past performance is not I nicotine of future results", the long term prospects for oil are dire, so switch industry NOW

CL25, equiv. $85k gross (40% taxed; UK)

Let that sink in for a minute...

CL 27 220k

Canadian here.

Let's remind ourselves what a debacle Kearl is and how much money it sank the company ... It is not worth a dime in the market for several years now. Canada is closed for business (especially with Trudeau) and XOM needs to cut this appendage ASAP like it has gangrene.

Experienced hire (6 years) + top 25 MBA program and 2 years at XOM, I’m severely underpaid. RUN.

CL 24: $123k

@uhz+16AF4gKa
"No better time than the present ! Canada hasn't contributed anything useful ( production or personnel) for years."

Oh yeah? You probably think Hibernia and Hebron are located in the USA, right?

CL23, $120,000 base. Permian, 5yr experienced hire.

I'm not even confident the pension will be here NEXT year. I'm 60 with 3 years service left before I have my 15.. Wish they would wave a little incentive my way and I'll head on off into the sunset. My heart really goes out to you young people. When things improve (and they will) RUN to a company who values and respects you.

Pension aside, at this rate I’m not sure that I can be confident the company will be here in 20 years.

I’ve heard quite a bit of people did heave XOM for higher paying jobs without the pension. I wouldn’t count on it anyway.

How confident are y’all that the pension will be there in 10, 20, 30 years?

It may be better to take a higher paying job, use the extra cash to dump it in brokerage account, set and forget it to make your own “pension account”. Much safer and it’s not tied to a companies performance.

Already on it!

Pension is what keeps most people around. Let’s turn it into a revolving door oilfield McDonald’s.

Do not forget that CVX will receive much lower CIP this year. Probably the value or this reduction is higher than the 7% match. CVX has a much large variable component built into salary. I think tha is what XOM needs to do in the future..make sure there is 15% variable built in, that disappears in "bad" times that way they can restore the match. Also, XOM pension is TOO generous, it needs to drop down to be similar to CVX. I think XOM should drop salary curves by 10%, add a 15% variable component and reduce the defined pension by 30%, and salary would be competitive with CVX. I think they should change vesting of RSU to 5 and 10 vs 3 and 7.

It all depends on years of service per PSG. Not all PSG are the same. Chevron for a 15 year technical employee not a HiPo is a psg 23-24. It’s very consistent through out the groups for non high potential employees.

What is the equivalent for Exxon for this range if employees

Agree. Very hard to progress projects that have team members from Canada. It appears like they are on EDO vacation every Friday and bunch of other holidays (queen Victoria Day, Boxing Day, Columbus Day.... the list is endless)

No better time than the present ! Canada hasn't contributed anything useful ( production or personnel) for years.

And you don’t think Canada will come later?

Surprises me too. The Canadian assets are pretty much worthless.

Are XOM CANADA (Imperial Oil) salaries lower than XOM US? How much is the differential? Wondering because Canada has been spared the layoffs.

Are the salaries stated before or after tax deduction?

In the context of current conditions and repugnant misbehaviors by the company why would anyone want to start a career at XOM? Cancelled

Really no comparison here.
Chevron numbers are exx-aggerated.
ExxonMobil numbers seem to include old benefits.

Pointless.
You are either underpaid for your knowledge.
Or overpaid for your brutality.

Chev or ExxMo - all the same.

If you start out at 100k plan to be unemployed soon so just plan you exit.

Dumb question. What is CIP? Looks like we don’t have that at XOM. At least at lower CLs. I am at 25.

Numbers are not compariative - seems a Chevron 23 is like a EM 26. So, it's relative
Me - EM - CL26 was circa 185K - stuck for awhile. And now less 7% for the future.

But the ranges in EM for any CL are monstrous - CL26 can range from 130k to 220k.
So be anonymous, then.

XOM CL 25 = $160K, Houston based
Looks like Chevron pays better.

Thread regarding ExxonMobil Corp. layoffs

ExxonMobil Salary Range?

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