The only reason you should still be here and not looking is if you're nearing retirement. Or if you're one of the new hires who're just looking to pad their resume. Everybody else who cares about their career and advancement should either already be on their way out or at least work hard to bring themselves to that point.
16 replies (most recent on top)
@OP Everything you said is true about the entire O&G industry, not just EM.
If you took away the public subsidies and concessions won by lobbying/protracted litigation, almost no O&G company of any size would be profitable. EM is a giant welfare-queen, as is every other company in the industry, upstream, downstream, whatever. Call it what you want, but don’t call it capitalism (I like “Republican Welfare” personally, considering who EM throws money at for public office every two years).
@apz+1e0eH6gf
You are completely wrong. 2021 is anything but 2007. This time the situation is created by the company, as part of an absurd strategy of reducing what it pays overall to its employees.
Stay and it will not be for long.
I’m in full agreement. You should all “leave”.
The company will increase my salary like in 2007 when they realized that too many folks were leaving for higher paying competitors.
So I think OP is like me, encouraging as many folks to leave as possible while OP and I stay to reap the benefits!
I’m in full agreement. You should all “leave”.
The company will increase my salary like in 2007 when they realized that too many folks were leaving for higher paying competitors.
So I think OP is like me, encouraging as many folks to leave as possible while OP and I stay to reap the benefits!
I’m in full agreement. You should all “leave”.
The company will increase my salary like in 2007 when they realized that too many folks were leaving for higher paying competitors.
So I think OP is like me, encouraging as many folks to leave as possible while OP and I stay to reap the benefits!
I’m in full agreement. You should all “leave”.
The company will increase my salary like in 2007 when they realized that too many folks were leaving for higher paying competitors.
So I think OP is like me, encouraging as many folks to leave as possible while OP and I stay to reap the benefits!
I wish I could just get sponsorship so I wouldn’t have to worry about all this po-p and can ride down east street with the crony gang
khw+1e0eH6gf - “ a lot of people in the company are also only "good at talking" instead of "executing"...if you are really unhappy, do something...”
You can smell the manager BS from a mile in this post.
What do they do to you, when you accept to be sponsored you surrender half of your brain and they replace it with a company standardized version?
@khw+1e0eH6gf - “wait for the work culture to change”.
It makes no sense. EM “leadership” never admits mistakes, they only know to double down. And in a way they’re right, because if they would look back, identify the mistakes and try to fix them they would blow up their legitimacy, which relies on the absurd claim that managers who have minimal interaction with ambitious new hires can correctly determine very early in who has value and who hasn’t.
This company is run by management for the management, and they will never give up their grip by “changing the work culture”.
The only way out is a disastrous situation that would force the board to wipe out the current management structure and start from scratch - no other way to improve “work culture”. But then the company would more likely be bought and sold for scrap.
@khw+1e0eH6gf
“If you are really unhappy, do something”.
That’s exactly right, I’m in the first category mentioned by OP and as soon as the rates go up next year I’m out of here. I’m lucky, given the rates I’ll get a lump sum significantly larger than at full 60. It’s really sad for the younger people around me, with an average of 10 ye, who have to make the awful choice of leaving with nowhere good to go or staying in the meat grinder.
@cyb+1e0eH6gf - yes, I think people just realize how toxic the work culture in the company was...it will take times to work on the culture, but as long as leadership doesn't want to admit it, it will bring us to nowhere...either you wait for the work culture to change, or you take actions to change it/ quit the company....a lot of people in the company are also only "good at talking" instead of "executing"...if you are really unhappy, do something...
roh+1e0eH6gf
The problem is not that job security is not “guaranteed” - it never was in the oil industry, although for almost 30 years Exxon was better than most. It’s not an issue of “advancement” either, and everybody gets it that in an industry in transition there’s a strong pressure for downsizing.
The problem is that EM does not address any of these issues in a rational way. In the last year and a half they have trapped themselves in a corner by deciding that the arbitrarily chosen HiPo/management group is the only one that has value and needs to be preserved at all costs, whereas regular workers are useless luggage that can be abused, lied to and disposed by the dirtiest means. The old and rather frail balance between the two groups has been completely broken, but somebody still has to do the work, so we’re heading to disaster.
OP is right, if you’re a real worker, there’s nothing left for you in this company, because you’re classified as expandable extra weight.
@txd+1e0eH6gf - I agree with you about the ethics issue...I know that many people do not agree with the fake system, but at the end people still decide to stay because they have to put food on the table for their families (they just have to swallow the fake systems)...hence the reasons why you see why managers will protect another managers...that is how they survive by manipulating the system...otherwise if new managers with diverse view come in, and start to point out all the inefficiencies that we have, do you think that the "season" managers will be happy ?
My issue is ethics
Totally understand that in some circumstances employees need to be lay-off but the system is fake. Managers just think about them selfs specifically because no one have long term position…this circulation of employees contribute to make this place horrible. And above all this management pretend that is all good.
The company is shrinking at least in the upstream. There will be fewer jobs in the future than today. Asset sales, offshoring, and no new discoveries outside of Stabroek in Guyana will decrease the workforce size in the USA. Just keep building your skill set and keep looking for your next gig. Unless you are in the top a long term future is pretty bleak.
Job security is no longer guaranteed in most companies these day. Even if people decide to stay, it is the decision that they have made. Please be honest that EM didn't pay us a starving salary. We can have a good life with the salary that we received from EM. But I do agree with you that advancement might be slow these days (e.g in mature market not many available positions, in emerging market more competition among the peers)...These days you have to jump company sometimes in order to get the advancement that you want...I believe EM also has to change their strategies in recruiting talent/workforces...