I would love to hear how many actually took the PIP and how realistic the goals are.
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Not only do you need to improve up to Good, you need to stay there for several years afterwards or you are fired. The manager must decide if you can perform well enough to jump three groups up to good and stay there for years, who you are going to shift down because it is still a ranking and not a rating and they don’t know if this means they will have to lose two people next year since they didn’t cut this year. Don’t think you will see many walk out of PIP successfully.
@ rN3
I wish all managers and supervisors would be this honest. Instead they are so worried about being on the next cut they stay completely transparent even though it would be the right thing to do.
I’m on it now and still it’s a flip of the coin I think. My manager is very neutral and she has been supporting my choice very subtlety.
Don’t take the PIP - you’re just giving them an opportunity to fire you. Reading between the lines, my boss told me that there is no chance of saving my job. In 3 months (maximum) I would have to jump from “NSI” to “Good” performer and there is no way they are going to allow this to happen. The goals and objectives will be virtually impossible and even if achieved, their subjective rating still won’t bring me up to “Good”.
I’ve seen threads of new grads from good schools over the last couple of years and so many of them said they won’t even go to the Exxon recruiting tables.
What’s the purpose of the promise not to come back? I don’t think anyone would want to but how does this protect the company?
This PIP is a joke and being used to cull out the aged and highly paid non-manager individual contributors. The company used to treat their employees more honorably and offered incentive packages to help reduce headcount, this is a lay-off poorly disguised as performance based. If it were truly performance based, Darren Woods would be in the PIP right now. And don’t even think about passing it, they are designed so that they can’t be passed. But the other options require signing a covenant not to sue and a promise you’ll never come back. Think I’ll play the game and preserve my rights to a wrongful termination lawsuit.
Why haven’t the Houston or Dallas news media picked up and dig into this sham?
Does the PIL pay for unused vacation? Even if you chose PIP and switch to PIL?
I am not aware of severance packages (ie 1.5 weeks for each year of service paid out) since merger. Plus the company has not boosted retirement incentives since the 1980s (lots of lawsuits because it hurts existing pensioners and future retirees by weakening the pension plan). I think Imperial has more flexibility under Canadian law, maybe that opens spots for Canadian expats to return to Canada, thus reducing position elsewhere in the circuit. I do not expect major severance package next year, just more performance based PIPs. Maybe voluntary resignations increase or new hires go get MBAs without a return ticket guarantee.
Yes the pip comes with a nice cover letter and you have to sign in. Oh and it specifically states it’s not a contract and other legal cya.
Only one way to figure out if your a lucky one on PIP and will pass is when you get to 31 Oct and are still with the company I suppose. I guess it depends on your managers courage of conviction and if they believe in this sh$& show or not.
Did you get your PIP in writing?
I took the PIP and once I saw my laundry list, I immediately switched to PIL. I could stay longer but according to HR, when fired within 3 months, I'd get nothing. Not unless I press the button first during the PIP, I'd get the remaining severance up to Oct 31st. No brainer, the earlier to quit, the better. No need to put yourself in such brutal punishment, so degrading. There's so many other jobs out there and XOM is not the same company we used to know anymore. It has changed.
I’m beginning to believe it’s worse to voluntarily leave than be terminated.
I’m sure certain managers were included that they already know will be kept on board to justify using the PIP and say to the public see everyone has a chance. This was not really a “lay-off”. Liars
I’m sure certain managers were included that they already know will be kept on board to justify using the PIP and say to the public see everyone has a chance. This was not really a “lay-off”. Liars
It seems like terminating everyone on a PIP in October would be a bad move for Exxon at this point. Why sign your life away?
Sounds like someone has first hand knowledge of a “lay-off” in October.
Was outplacement supposed to be the cookie!?
Was outplacement supposed to be the cookie!?
Many managers who are 55+ are being encouraged to leave now. They are being told that they are at their 3 year high average and the discount rate is great and many low performing managers will be re-assigned to different professional roles (and performance documented). Some could lose unvested shares if they do not go "quietly." All low performing managers not not receive cash bonus and restricted stock. Even middle ranked managers will receive alto less on cash bonus and restricted stock. Being put on a busy-work study is not nearly as much fun as regular work. Time to retire. The announcements on retirements are picking up. WATCH ANNOUNCEMENTS over next 6 months
At any point anybody can resign during a PIP and take her remainder of the time as pay-in-lieu. Managers are also historically higher ranked. I think there is a feeling of being able to pass the PIP
Managers understand that 12 weeks severance resignation is a cr@py deal for company like XOM. After all, they are the company men!
Trying to resign instead of being fired does not buy you anything. In fact, you give up something valuable.
Hang in there, and you may get something better. See this for some discussion by a lawyer in Florida, also an employer friendly state:
http://employeeatty.blogspot.com/2012/08/my-employer-says-i-have-to-resign-what.html?m=1
Why would a Manager take a PIP?
Are they able to still voluntary resign before PIP ends?
Would make sense that most low ranked managers took PIP. They voted with their non-moving feet - sticking around just in case something changes.
I do believe there will be extra severance at the end of PIP - otherwise why would anyone who is departing after PIP sign away their rights to sue for nothing?
XOM may prevail if lawsuits, but won't be cheap or quick. The concept of "at will" is continually eroding, despite what some lawyers assert.
A lot of managers took it. Everybody is complaining that no managers are leaving. It’s because they’re taking the PIP. You’ll see them leaving over the next few months. PIP is a documentation tool. It’s to document your failure at meeting expectations to cover the company legally.
Anyone with a PIP.. You need to start looking elsewhere. You WILL be let go in October. It doesn't matter how achievable you believe your PIP is.