I hear Bay Area attrition for CVX is massive. Makes sense with the strong tech economy.
Let’s face it O&G can no longer complete salary wise. The people who are stuck here (petrotechs) will steady see their (relative) income drop.
(Serves them right in my opinion…)
If any of you dorks were worth a shid at it you wouldn’t be at Chevron.
Corp IT, like Corp Law, is for those who can’t make it in the real world. They can’t leave CVX as they lack normal skills for their profession.
IT App specialists absolutely luff being titled “engineers”. It’s a dream come to truth.
when ITC's agile chapter is adding another 3-4 team lead roles this PDC, you know IT is too fat. The IT employees complained about the number of employees the supervisors at in the JG townhall so now they're adding more team leads. What they should be doing is cutting deeper on those IT PM roles. Yes, PM. Not agile coach or scrum master or release train "engineer". It is an insult to us real engineers by calling them engineers too.
I would trust petrotechnical PMs much more than IT PMs.
IT reduction? Surely you jest.
The IT function headcount in CTC is larger that the corporations total headcount for drilling, completion and intervention. IT needs another 30-40% cut yet.
'Maybe Chevron should have thought the EOI process out more carefully. A lot of experienced IT guys just retired with a boatload of cash and benefits."
ER , well THE COMPANY set the IT reorg at almost -30%, they planned it. SO THEY wanted that reduction , THERE WAS NO "MORE CAREFULLY"
It simply a numbers game, CVX decided to cut a huge overhead and use the money saved to finance the move to MSFT cloud services. It will pay for itself going foprward even with the cluster phuck implementation called "Agile"
THE 2020 EOI was a terrific chance to get out with almost an entire year of comp. add to that the Pension maxing out due to record low interest rates, It was really a no brainer!
yeah right move to Houston, and when (not if) a Cat5 Hurricane hits...
It was the best cash out opportunity ever. Few missed it.
Maybe Chevron should have thought the EOI process out more carefully. A lot of experienced IT guys just retired with a boatload of cash and benefits.
it's not always about the money in IT. yes, of course good engineers can get paid more in tech. but there is some good work that can happen in chevron bay area. however, unless you're working to support downstream marketing, manufacturing, chemicals, IFL/AFL - there is really no reason to be in IT. if you're part of old ITC, like today's IT "foundations" group, you bring close to no value to the bottom line if you're in San Ramon. get out already.
Your confusing it with Wheatville CO-OP.
Whole Foods was started in Austin, Texas.
I thought the Bay Area had good nutrition. Wasnt Whole Food started there for crying out lowd?
How about our good culture? Hmmm, well that may not be the case after ImagineIT.
If you are earlier in your career, staying at Chevron in California is probably not be the best option. BUT, if you are 50+.... the PENSION!
As noted by, @ebh+1co794vH. The most recent DS&C Townhall touched on all things salary in the SF Bay Area. Yet, no real good answers other than, CVX does benchmarking against industry peers (oil/gas), not necessarily based on the area. Benchmarking only counts so much when your base salary/401k/benefits is already below other industries in a specific area. Lets be real...even govt employees get paid more than large number of CVX employees. Take a look at transparentcalifornia for those wondering.
While, benchmarking against peers is great, how about peers or industries in the areas/locations you operate. Lets take a closer look....not many oil/gas companies want to operate, if at all, in the area or state as a whole. Phillips Rodeo going to bio, Marathon Martinez being scaled back and layoff events in 2020, Valero Benicia days are numbered. New air requirements coming down the chain requiring large amounts of process/emission control equipment changes....
If I was in IT, and in SF Bay area, I am not working for CVX....where does my growth go. IT, SF Bay Area...you are going to South Bay or hoping to hit the IPO lottery in a start-up.
Then again, if you are CVX, in SF Bay Area, you should already be looking for your next role.
No one cares about Bay Area people
Ironically petrotechs are probably the only people in Bay Area who will stick to chevron.
(I am taking ordinary people, not hipots or leadership (so called)).
@sre+1 - for petrotechs, there have been at least two earlier "move everyone to Houston by..." cycles. This is a thinly-veiled attrition move. Especially now, the remaining petrotechs in SR are either (1) high psg types with roots in California who will choose to retire rather than move to Houston for a couple years, and (2) high pots who will be given cushy staff roles in Houston.
Very few petrotech jobs still in San Ramon but the plan is to move everyone to Houston by end of 2022.
Are there any Bay Area petrotechs remaining? Not management or Fellows or "advisors" (euphemism for high pots), but working petrotechs. Let's face it, in what is now a shrinking industry, if you're not in Houston or an actively producing basin, you're limiting your (also shrinking) career choices.
IT for sure, but I hear it’s high for all support functions.
cvx is an old traditional biz that is slow to changes
they will never be able to pay market rates for IT folks compared to FANGS
The DS&C call the other day was filled with California-specific salary questions.
There's a ton of IT jobs to compete with in the Bay area. Unless your parents work here why on earth would you want to start an IT career at Chevron in California?
I'm not down on Chevron, it just does not make sense in that geographical job market.