Believe it or not, I don’t have a single colleague who isn’t thinking about leaving or hasn’t seriously started looking for alternatives for themselves already. I'm just worried about what everything will look like after the mass exodus, which is very obviously going to happen soon? There are still those of us who don't have many options and have to stay here a while longer.
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The opportunity cast of working here is your future, your humanity, your sense of self-worth and your sanity. Run for the nearest exit and never look back.
When is VCIP vested?
@9hnk+1eXF5uro We definitely have a problem at this company of not firing people. I have seen people literally stop showing up to work for weeks and not get fired. Also, when your worst performers are getting 3 ratings along with solid performers, all you do is discourage those solid performers who got 3 ratings. Why don't we utilize the 4s and 5s? You don't truly EARN a 3, it is the default.
Mass exodus is good. We need older people to leave, so that younger folks can grow. The company can be just fine if 20 percent do mass exodus. The problem is that dead weights do not leave and keep complaining.
@4kqi+1eXF5uro, it's not particularly easy for people in support functions to transfer their skills to another industry. And maintaining or improving salary/benefits package is a whole 'nother story.
How many 60+-year-old non-managers remain to contemplate leaving? How many geoscientists and engineers will leave? I think most of this mass exodus talk is from people in disciplines that can EASILY transfer their skills to different industries and maintain (or even increase) their total compensation. Unfortunately, most are not in this boat.
Many people leave after VCIP. Some people who get RSUs leave in August after stock gets vested. I also notice that the few people left who are on the legacy, heritage pension plans leave the day they get fully vested which is 60 for hConoco. These are experienced people with hard working ethic who elect to leave early because the company has changed and not for the better. They didn’t sign up to destroy value with feel good low carbon utopia, discuss DIE every day and be forced to take medical treatments they don’t want. In fairness it isn’t just COP that changed like that - all big business is run by the state and radical NGOs these days.
I am leaving after VCIP. I already have my next gig lined up and can’t WAIT to leave this chitshow of a “company.” I know at least a few others who are likewise confirmed to be out of here as soon as we cash out. Best of luck to all who remain!
@1bra+1eXF5uro... True, but it will be much larger numbers this time. People are leaving for 3 primary reasons:
- More base salary (because HR will never compare employee salaries with anyone outside of O&G competitors)
- Employees want more wfh or 100% wfh
- Employees seriously hate all of the organizational changes made last March as result of this evolve cr-p that Gartner dreamed up. Yet again, COP leadership are followers since they can't think of anything original. AND leadership doesn't want to admit its not working!
Go look up Chesapeake news online and you’ll see the specifics, Delaware Basin head.
who we talking about? inquiring minds want to know
It makes sense he'd be welcome at a company that recently emerged from bankruptcy.
Remind me never to file a resume at CHK. I bet they think they’ve tapped the sole source for the great Permian transformation bahaha
The leader of the JV squad jumped ship today before VCIP was even paid. That tells you something.
This "mass exodus" talk happens every year. Yes, some people leave after bonus time, but these folks usually have a new gig lined up. For the vast majority though, it's just talk, especially these days.
Where are they going? Almost no jobs to speak of.
I know several as well that are leaving. They can’t fill the positions that are already open! As usual once VCIP is paid the notices go in!