Thread regarding Marathon Petroleum layoffs

MPC regretting 2020 layoffs? Offering retention bonuses!!!

Seems like MPC may have cut too deep with the layoffs in 2020. A significant increase in workload for many who stayed with the company is starting to impact staff to the point where the company has noticed an unusual up-tick in departures. Couple that with the struggles of hiring new talent and things are starting to get uneasy.

Something must have happened recently that has caused the company to make some unusual moves. Without even asking, I was offered a bonus of 50% of my base salary payable January 2023. I was not looking for a new position because of the pandemic so I am very likely going to take the retention bonus offer. No real risk other than losing the bonus if I quit before 2023.

Anyone else get this offer?

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Post ID: @OP+1e5gH3cs

20 replies (most recent on top)

Company was true to their word, despite not getting anything in writing, I got a bonus deposit last Thursday evening. I was promised an extra "retention" bonus back in October of 2020 if I stuck around until 2022. Now I am only a few months away from the regular performance bonus so I will definitely be sticking around a bit longer.

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Post ID: @Evrq+1e5gH3cs

Not happy about the developments at MPC. First, the layoffs in 2020 included some very valuable and productive employees along with some redundant or unproductive ones. Second, some redundant and unproductive employees remained after the 2020 layoffs. Third, now some really good, and even great, employees are leaving and it's very obvious that the 2020 layoffs have a lot to do with their departure.

I suspect the recent departures saw what I saw and it impacted them a lot more than it did me. In 2020, lost some great colleagues, some of them were friends but my workload did not increase to the point that it was too much for me to handle like it has for a lot of people. I've been told by a couple of people that have left, or are leaving, that they felt what I felt to a much higher degree and that's a big reason they are leaving.

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Post ID: @ayvm+1e5gH3cs

Yes I agree completely. What goes around comes around, a company that operates this way will not thrive long term. I predict more refineries close and or sell off as mgt fumbles on stupid decisions based on greed.

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Post ID: @afro+1e5gH3cs

Thanks MPC for turning your back on employees during covid, laying us off while you had a pile of cash, collecting government subsidies (PPP), and then handing out bonuses the people left behind!

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Post ID: @9kaz+1e5gH3cs

Reading about these bonuses is kind of like another big sc--w u from MPC to those laid off. Congrats you get what was going to be our salaries. So weird

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Post ID: @8urw+1e5gH3cs

Offered a bonus on Monday after Thanksgiving, not a big one but it's a lot of money for me. I did not mention anything about leaving but I did change some settings on Linkedin and Indeed to say I was open to work. The bonus is after working 12 months but I wasn't comfortable with that so we settled on one every 6 months for 18 months so I am signing up for a year and a half. Once I earn the bonus it is mine to keep, so every six months I get one but this is considered a one time offer and there are no promises to keep it going. It is all confidential but I was also told that raises would be better this year than last year and my bonus would be based on my pay after the raise.

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Post ID: @4kns+1e5gH3cs

Andeavor people started getting them once the geniuses in Findlay realized they went too far in the merger layoffs. Turns out many of those people that severed were actually needed.

Sounds like the same thing happening now with the layoffs in 2020. The lack of ability to plan and learn is shocking

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Post ID: @1gfm+1e5gH3cs

EE/PE from the West Coast here, had a similar experience.

Got a retention bonus in October of 2019 because MPC bought Andeavor and they wanted me to stick around a year. Was offered another one right after the layoffs in 2020, that one is supposed to be paid next month. Had a colleague in the QA/QC group get the same offer in 2018 that was paid in 2019, he ended up retiring near the end of 2019, about a month after his bonus was paid. Both of us were from Tesoro logistics but we worked in different states.

These things are not uncommon IMO, neither one of us are "connected" so I do not think it has anything to do with nepotism.

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Post ID: @1tum+1e5gH3cs

The company has turned into a slush fund for friends and family of management. Person in my group is a relative of a senior leader, has no issue bragging about the perks he receives. Totally demoralizing for the rest of us peasants.

For those who have worked elsewhere, is it like this at other companies???

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Post ID: @ogr+1e5gH3cs

I have also recently heard several people receiving "off-cycle" salary increases. So not a bonus, but a pay increase that is not in line with when typical salary increases happen. Perhaps another "retention" tactic?

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Post ID: @duo+1e5gH3cs

I got one. 3rd one in as many years, while I’m glad to have, the way this company makes these decisions in mo--nic. I know many others who are way more critical that didn’t make “the list”

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Post ID: @uws+1e5gH3cs

Thanks for answering my questions. I do know there are a lot of openings in the electric car type companies, so it could be in to response to so many EE leaving oil. Or knowing opportunities will continue to abound in coming years. Seriously congrats on being considered valuable to the company, and hope someone will be able to answer your questions:)

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Post ID: @oum+1e5gH3cs

No relatives at the company, don't know anyone high up, and I am not a minority. I am a EE that was part of Andeavor and recently transferred to SAT from the Western USA.

I am not high enough in the organization to receive any long-term incentives like company stock so the retention bonus is greatly appreciated. I was not planning on leaving anyway, I like my job a lot so this is just icing on the cake. My cubicle will be a little brighter if this really happens.

Fingers crossed!!!

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Post ID: @udf+1e5gH3cs

If they ask you to sign anything read the fine print

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Post ID: @rss+1e5gH3cs

Are you related or connected to someone high up? Are you a minority? Curious because I was one of the let go 2020 and I would like to believe I am missed. What position do you have?

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Post ID: @mqi+1e5gH3cs

Weird. Who would not accept? What company wouldn't want you to leave if you wanted to. Imagine everyone working there literally only for the cash. Nothing else. How demoralizing

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Post ID: @pdd+1e5gH3cs

Nope, but good for you. Once word of retention bonuses gets out, morale will drop again, then even more will leave. Smh.

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Post ID: @alk+1e5gH3cs

Get it in writing or you will get screwed!!!

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Post ID: @jmp+1e5gH3cs

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