Granted, COP is far from being an enjoyable place to work. But, it is called work for a reason. If you don't like it leave. Nobody will stop you. The fact is, COP may not pay the best but it is very decent pay. Take the pay. Put your 40 hrs in and do not expect much more. The oil patch provides above average pay jobs. So, suck it up. Save what you can and rack up a nice retirement. Take care of your family. See the big picture.
11 replies (most recent on top)
If you’ve been here 9 years and have only been granted 200 shares then you you are not highly valued and need to consider your alternatives.
I would be happy to be more invested in the company, but COP doesn't incentivize this by offering shares in the company as compensation. I have been here 9 years and have a measly 200 shares of COP to show for it. I have used my own money to purchase more shares, but I believe that a company should tie people more closely to the company through equity. I could walk out the door tomorrow and lose nothing financially. I have worked with people here who couldn't even tell you the general steps to drilling a well and have never watched an earnings release or investor day - they simply don't care. I think that if people were invested in the company, they might care more about how the company is doing and look for ways to be more efficient instead of just devising ways to make their days shorter.
At headquarters, most people are gone by 5:30 when they are in the office.
Where the heck you working? 40 hours in the oil field? I worked inoil/gas for 20 plus years and in the field and office environment and never worked 40 hours...ever. It was always at least 50 when in the office, and usually sunup to sundown in the field. Not complaining, but oilfield runs 24/7 and things sitting and not happening is just wasting money. I was salaried and had a job to do that I really liked. But when you don't like something or where you work, you will look at it as a just a place to punch the clock and do 40 hours and do the suction dance. The problem with most of the people that went into oil and gas in the last few years is that they were looking for a paycheck. It pays well. But that brings cr-p morale to an organization as the many people that really do like what they do can's stand this behavior, especially in oil and gas. When morale goes out the window, and a company just looks for warm bodies that have nice warm lips that kiss well, it brings down the people who don't do that and are really vested in their work and what they get done. Unfortunately, many companies just attract this now as they seem to be completely complacent with having revolving doors and clock punchers who leave every chance they can for an extra 5k a year. Not all companies are like this though. Unfortunately, reading this board, look like COP is happy to do this type of thing. Want to see a better places to work, go to other "thelayoff" sites and read the comments. EOG's board is a good one to start with. One post this entire year.
There's a balance between seeing the big picture and not being completely complacent just bcz it is a good job. As a company, we have above average pay, great benefits (9/80s are a life changer, nice gym at work, ample vacation time, reasonable health insurance, good 401k [even with minimum 401k matching]), nice work/life balance (when I have to work 'late' until 5:45pm, I am the last car in the parking lot). But day-to-day, yeah there are problems with management, internal politics, performance review games, etc. We all go through periods of frustration and periods of gratefulness for working at COP. Luckily, these are all higher level problems and not being worried about how you are going to feed your family next month - nobody is starving at COP. But also don't give up the good fight of being a better mgr/supr that what has come before you. Do what is right, not what is right 'for you'. If you manage people, manage them. Dont just spend your time kissing your superiors a$$es. Work the performance system ethically and within the bounds you are able to. but also keep your pulse on the market and never stop exploring other options/opportunities.
I love this post. Perfect? No we are not, but I don’t think there one single E&P company in USA that is having a better time than COP.
don’t like it?
You can find templates for resignations letter in Google
I see there’s essentially a mandatory Covid shot mentioned on externally posted jobs. Wow…I thought this was a Texas oil and gas company. Pathetic
If you look at this site enough, you quickly see a common thread: the hypocrisy of our management. They talk a good talk but don’t walk their talk.
It’s the same way with investors: go back and look at the analyst presentations over the last 5-10 years, what they promised vs what they delivered.
Employees and investors don’t like the hypocrisy and unkept promises… so they both post here in anger. This will continue until someone comes in and buys us, the executives get their Golden parachutes, and most employees get layed off.
Embrace the uncertain mediocre job!
Thanks HR troll. I never thought of it that way. Oh wait…yeah I did.
Then I realized I was daydreaming as soon as my micromanaging boss demanded I account for the 35 seconds during which I quit staring at my computer screen and gazed out a window.
Then I had to attend hours worth of soft skills and diversity training instead of doing my job.
Then I found out my 401k match wasn’t being met. Again.
And then I found out I wasn’t getting a raise or promotion despite getting great ratings and exceeding years in salary grade.
And then I learned that leadership made another major acquisition of acreage that probably won’t help raise our stock price, but WILL result in more layoffs.
So…you know, suck it. I mean suck it up, HR troll.
Sounds like someone is complaining about complaining...